In a world where access to quality education can make all the difference, the Old Mutual Investment Group’s Imfundo Trust Scholarship offers students the chance to unlock their full potential. Launched in 2011, this scholarship is not only about funding education, but also about fostering transformation in South Africa’s investment and related industries. Imfundo, meaning “education” in Nguni, reflects the core mission of the initiative – to assist black South African students, particularly women, in pursuing tertiary education in select fields that are critical to the country’s economic and environmental future.
Since its establishment, the Imfundo Trust Scholarship has been a beacon of hope for many talented students who would otherwise not have the opportunity to pursue their dreams due to financial constraints. This article will explore what the scholarship entails, who can apply, how to apply, and the profound impact it has had on South Africa’s educational landscape.
What Does the Imfundo Trust Scholarship Cover?
The Imfundo Trust Scholarship provides comprehensive financial support for students pursuing full-time undergraduate and selected postgraduate degrees at recognized South African universities. The scholarship package covers:
- Full tuition fees
- Accommodation fees
- Study materials
- Living stipends for students who may need assistance with daily expenses.
For postgraduate students, the scholarship mainly focuses on tuition fees and other essential study-related costs. This holistic approach allows students to focus on their studies without the financial burden that often hampers academic success.
Selection Criteria: Who Can Apply?
The Imfundo Trust Scholarship is specifically designed for South African citizens who meet the following academic and demographic criteria:
- South African Citizenship: Only South African citizens are eligible for the scholarship.
- Academic Performance:
- For First-Year Applicants: You must have achieved at least 70% in your mid-year Grade 12 examinations, including a minimum of 70% in Mathematics and 70% in English FAL (First Additional Language) or 60% in English HL (Home Language).
- For Current First-Year Students: You need a minimum of 65% in your latest examinations (mid-year or June).
- Rural and Township Preference: The Trust offers preference to students coming from rural and township backgrounds, recognizing the barriers these students face in accessing higher education.
- Eligible Degrees:
- Undergraduate degrees in Business, Commerce, Finance, Engineering, Computer Science, and Data Science are eligible.
- Postgraduate students can apply for funding in Climate Studies, a critical field for addressing environmental challenges.
- Level of Study: The scholarship is available for first- and second-year students in 2026, with the exception of Climate Studies, which applies only to postgraduate students.
How to Apply for the Imfundo Trust Scholarship
The application process for the Imfundo Trust Scholarship is straightforward but requires attention to detail. Here are the steps to follow:
- Complete the Online Application: Applications must be submitted through StudyTrust’s online platform before 30 September each year.
- Eligibility: Ensure you meet all the requirements, including the academic performance and background preferences.
- Submit Required Documents: Be sure to include all necessary documents, including academic records, proof of South African citizenship, and any other required materials.
- Application Season: The application window opens on 1 May and closes on 30 September each year, so make sure to submit your application within this period.
Selection Process: What Happens After You Apply?
Once applications are received, the Imfundo Trust team evaluates all applications based on the established criteria. Those who meet the eligibility requirements are shortlisted and invited for an interview. The final selection is made after considering academic qualifications, personal qualities, and the applicant’s potential for success in their chosen field of study. The Board of Trustees also takes into account factors such as leadership potential, community involvement, and a demonstrated passion for the field of study.
It’s important to note that scholarship amounts may be adjusted or withdrawn if the recipient is also receiving other forms of financial assistance (e.g., bursaries, loans, or other scholarships). This ensures that the funding is being used appropriately to support the recipient’s education.
Degrees Funded by the Imfundo Trust Scholarship
The Imfundo Trust Scholarship focuses on fields that are critical to South Africa’s development and transformation. The scholarship is available for students pursuing degrees in:
- Business, Commerce, Finance, and Management Sciences/Studies (First and Second Year in 2026)
- Computer Science and Related Qualifications (e.g., Computational Thinking) (First and Second Year in 2026)
- Data Science (First and Second Year in 2026)
- Engineering (First and Second Year in 2026)
- Postgraduate studies in Climate Studies
The Trust’s focus on these fields ensures that its beneficiaries are equipped to enter sectors that are vital to South Africa’s economy and environmental sustainability. As global industries continue to evolve, students pursuing these degrees will play an important role in shaping the future of South Africa.
The Impact of the Imfundo Trust Scholarship
Since its inception, the Imfundo Trust Scholarship has had a profound impact on South Africa’s educational landscape, particularly for students from underprivileged backgrounds. The scholarship has empowered many talented young people to pursue degrees in fields that were once out of reach, helping to diversify industries such as finance, engineering, and data science.
By offering preference to students from rural and township areas, the Trust has worked towards breaking down the barriers that prevent talented individuals from accessing tertiary education. Furthermore, the scholarship’s emphasis on supporting women in business and other critical sectors contributes to gender equity and the inclusion of women in industries traditionally dominated by men.
In addition to its focus on individual students, the Imfundo Trust plays a role in the broader transformation of South Africa’s workforce. By investing in students who are set to enter high-demand fields such as climate studies, data science, and engineering, the Trust is helping to equip the next generation of leaders with the skills and knowledge needed to tackle the challenges facing South Africa and the world.
Check also: The Cisco Charitable Foundation Trust South Africa Bursary Programme 2025
The Imfundo Trust Scholarship is an opportunity for South African students to receive the financial support they need to pursue their academic dreams and contribute to the transformation of key industries. Whether you’re interested in business, finance, engineering, data science, or climate studies, the Imfundo Trust offers a gateway to a brighter future.
For students who meet the criteria, the scholarship offers more than just financial assistance – it provides the chance to be part of an initiative that is shaping South Africa’s future through education. As the application season opens each year, students are encouraged to apply and take the first step toward building a better future for themselves and their communities.
For more information on how to apply for the Imfundo Trust Scholarship, visit the StudyTrust application platform before the 30 September deadline.
