Are you a highly motivated South African student with a strong academic record?
The Old Mutual Imfundo Trust Scholarship might be the perfect opportunity for you.
This prestigious scholarship program was established by the Old Mutual Investment Group in 2011.
It aims to empower deserving black South African students, particularly women, to pursue tertiary education in fields crucial to the investment industry.
About the Old Mutual Imfundo Trust Scholarship
The Old Mutual Imfundo Trust Scholarship offers full financial support for undergraduate and postgraduate (Climate Studies only) studies in various fields related to the investment industry.
These fields include:
- Business
- Climate Studies (Postgraduate)
- Commerce
- Computer Science and related qualifications (e.g., Computational Thinking)
- Data Science
- Engineering
- Finance
- Management Sciences/Studies
The scholarship not only covers tuition fees but also provides funding for essential expenses such as books, accommodation, meals, and even a stipend for personal needs.
Shortlisted candidates will be invited to an interview.
The final selection process considers the interview performance alongside academic achievements and other relevant factors.
Old Mutual Imfundo Trust Scholarship Eligibility Criteria
Before applying for the Old Mutual Imfundo Trust Scholarship, you need to ensure you meet the minimum eligibility requirements:
- You must be a South African citizen.
- You must be currently in Matric (Grade 12) or have already completed Matric.
- Your studies must be full-time, leading to a qualification in one of the approved fields listed above.
- You must be entering your first or second year of study in 2025 (except for Climate Studies, which is for postgraduate students only).
- You must be studying or intend on studying at a recognized and accredited South African tertiary institution.
- You must have a strong academic record with a minimum overall average:
- Matric Students: 70% in the mid-year Matric exams, with a minimum of 70% in Mathematics and 70% in English FAL or 60% in English HL (if entering 1st year next year).
- Current Students: 65% average in the most recent exams (if already studying).
- Background Preference: Preference will be given to candidates from rural and township backgrounds.
Old Mutual Imfundo Trust Scholarship Application Requirements
Once you’ve confirmed your eligibility, it’s time to gather the necessary documents for your application:
- All applications must be submitted electronically through the Old Mutual Imfundo Trust Scholarship online portal.
- Applicants are strongly encouraged to read the Study Trust Bursary Applications Page before applying.
- Your online application needs to be accompanied by clear copies of the following documents:
- Head and shoulders photograph
- Certified copy of your South African ID document
- Grade 11 final results and Matric June results (if in Matric)
- Matric certificate (if completed Matric)
- Your full academic record and latest results
- Proof of your parents’ or guardians’ household income (latest payslips for employed, affidavit for unemployed, affidavit stating annual income for self-employed, audited financial statements or recent bank statements for business owners, SASSA letter for grant recipients)
- Death certificates of deceased parents (if applicable)
- Court order stating child support amounts (if parents are divorced) or affidavit from the parent with the amount received (if parents are separated)
Incomplete applications with missing documents will be disqualified.
How to Apply
To apply for the Old Mutual Imfundo Trust Scholarship, follow these steps:
- Visit the StudyTrust Bursary Applications Page.
- Complete the online application form.
- Gather and prepare all required supporting documents.
- Submit your completed application and supporting documents by the closing date.
How to Contact
For any inquiries related to the Old Mutual Imfundo Trust Scholarship, please contact StudyTrust, the program administrators, directly:
- Telephone: 011 403 1632
- Email: [email protected]
Old Mutual Imfundo Trust Scholarship Closing Date
The application deadline for the Old Mutual Imfundo Trust Scholarship is October 10, 2024.
Ensure you submit your application well before the closing date to avoid disqualification.