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Old Mutual Scholarships for Undergraduate South African Students

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Old Mutual Scholarships for Undergraduate South African Students

Old Mutual Scholarships for Undergraduate South African Students


Old Mutual Scholarships for Undergraduate South African Students

The Old Mutual Investment Group Imfundo Trust Scholarship invites South African students to apply for this full cost bursary for next year;

South African students in their first or second year of study at select universities and in the study programmes listed below.

About the Old Mutual Scholarships for Undergraduate South African Students

The Imfundo Trust, is an Old Mutual Investment Group scholarship initiative that aims to upskill black investment professionals and grow the pool of suitably qualified individuals in the asset management industry.

Imfundo means education in Zulu.

True to its name, since its inception in 2011, the Trust assists black students, particularly women, to pursue their tertiary education at select South African universities.

Old Mutual Scholarships for Undergraduate South African Students – Eligible Fields

  • Business, Commerce, Finance and Management Sciences/Studies
  • Computer Science and Data Processing
  • Law
  • Mathematical Sciences
  • Agricultural Studies
  • Engineering and Engineering Technology

    Selection Criteria for Old Mutual Scholarships for Undergraduate South African Students

  • Only applications from South African citizens will be considered.
  • Applicants who will be in their first year next year must have achieved an average of at least 70% in the mid-year Grade 12 examinations and a minimum of 70% in Mathematics and 70% in English FAL or 60% in English HL.
  • Scholarship only available to applicants who will be in their first or second year in 2021.
  • Applicants currently in their first year must have achieved an average of 65% and above in the latest examinations (mid-year / June).
  • Applicants from rural and township backgrounds will be given preference.

    Old Mutual Scholarships for Undergraduate South African Students – Selection

  • Interviews are conducted with applicants who meet the shortlisted requirements, and the Board of Trustees will consider any other relevant factors when making the final decision on granting the scholarships.
  • The Imfundo Trust reserves the right to adjust or withdraw any scholarship amount that may be awarded in terms of this application, should you be a beneficiary of other financial assistance (e.g. bursary, grants, loans, scholarships, awards, etc).

    Old Mutual Scholarships for Undergraduate South African Students – Eligible Countries: South Africa

    Value of Old Mutual Scholarships for Undergraduate South African Students

    The Imfundo Trust Scholarships provide funding to study on a full-time basis for a first-time undergraduate degree/diploma (including a BTech) at an accredited University in South Africa.

    The scholarship covers:

  • Registration and tuition fees, for students studying on a full time basis
  • Prescribed books and other approved study materials.
  • Approved accommodation
  • Meals and a small stipend

    How to Apply for the Old Mutual Scholarships for Undergraduate South African Students

  • Applications must be completed on StudyTrust’s online Leaply platform before the deadline to be considered for a bursary for next year.
  • It is important to go through all application requirements in the before applying.


    For more information and application details, see;

    Old Mutual Scholarships for Undergraduate South African Students


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