Old Mutual Investment Group Imfundo Trust (administered by StudyTrust)Old Mutual Investment Group Imfundo Trust (administered by StudyTrust)

Partially funded

Old Mutual Investment Group Imfundo Trust Scholarship

Old Mutual Investment Group Imfundo Trust (administered by StudyTrust), South Africa

Scholarship overview

The Old Mutual Investment Group Imfundo Trust scholarship funds students with a particular interest in the investments industry, supporting its transformation. Imfundo means education in Nguni; since its inception in 2011 the Trust has helped black students, particularly women, study at selected South African universities.

The scholarship funds full-time undergraduate and selected postgraduate degrees at selected universities. StudyTrust, an educational trust and public benefit organisation, administers the applications through its online platform.

Applicants are shortlisted on the selection criteria, interviewed, and the Board of Trustees makes the final decision.

Award Information

  • South African citizen.
  • Applicants entering first year next year: average of at least 70% in the mid-year Grade 12 examinations, with at least 70% in Mathematics and 70% in English First Additional Language or 60% in English Home Language.
  • Applicants currently in first year: average of 65% or above in the latest (mid-year) examinations.
  • Only students who will be in their first or second year in 2027 are eligible, except for Climate Studies (postgraduate).
  • Full-time study in Business, Commerce, Finance and Management Sciences; Computer Science and related qualifications; Data Science; Engineering; or Climate Studies (postgraduate).
  • Preference to applicants from rural and township backgrounds.
  • StudyTrust bursaries are not available to households with combined annual income above R850,000.

The scholarship funds full-time study at selected South African universities. The Trust may adjust or withdraw the amount awarded if the student receives other financial assistance such as a bursary, grant, loan, scholarship or award.

  • 2027 funding: application season 1 June to 30 September 2026. The platform can slow down near closing dates.
  1. Read the StudyTrust bursary applications page and gather your documents.
  2. Open the StudyTrust online application platform and give consent for your data to be processed.
  3. Upload your documents, confirm the data the document reader extracts, and enter the remaining details manually (personal information, exact programme name, institution, programme start and end dates, year level, academic results and family income).
  4. Write the essay questions in your own words.
  5. Submit before 30 September 2026; one application is matched to all StudyTrust bursaries you qualify for.
  6. Shortlisted applicants are interviewed.

Official scholarship page

Official links

Documents you will need

  • Certified copy of South African ID.
  • Academic record: first-semester 2026 results or progress report, or official Matric/NSC results for completed Grade 12; Grade 12 learners provide final Grade 11 results and the second-term 2026 report.
  • Proof of address.
  • Proof of income for both parents or guardians: payslips; affidavit for unemployed or self-employed parents (with annual income); audited financial statements or three months of bank statements for business owners; SASSA letter; death certificates; court letter or affidavit on child support.
  • Recent head-and-shoulders photograph.

How selection works

StudyTrust screens applications on academic potential, financial need and study programme. Applicants meeting the shortlisting requirements are interviewed, and the Board of Trustees considers any other relevant factors in the final decision.

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