Imfundo Trust Scholarship Programme in South Africa 2024

The Imfundo Trust Board of Trustees, a shareholder of Old Mutual Investment Group, is proud to partner with South African universities to offer the Imfundo Trust Scholarship Programme for the 2024/2025 academic session. This scholarship is designed to support deserving black students in their first year of university, focusing particularly on developing black investment professionals, with an emphasis on black women.

Overview of the Scholarship

The Imfundo Trust Scholarship Programme provides comprehensive financial support for black students pursuing tertiary education. This full scholarship covers tuition, books, accommodation, meals, and additional spending money.

Key Details

• Scholarship Sponsor: Imfundo Trust Board of Trustees
• Host Institution: South African Universities
• Funding Amount: Tuition, accommodation, allowances, books, and meals
• Number of Awards: Several available
• Study Level: Undergraduate and Postgraduate
• Eligible Nationality: South African citizens

Eligibility Criteria

To be considered for the Imfundo Trust Scholarship, applicants must meet the following criteria:

Citizenship: Must be a South African citizen.

• Current Enrollment: Applicants should currently be in Grade 12 or in their first year at university (excluding postgraduate Climate Studies).
• Academic Performance: Grade 12 Applicants: Must achieve an average of at least 70% in mid-year examinations, with a minimum of 70% in Mathematics and either 70% in English First Additional Language (FAL) or 60% in English Home Language (HL).
• First-Year University Applicants: Must achieve an average of at least 65% in mid-year examinations.
• Preference for Rural and Township Backgrounds: Applicants from these backgrounds will be given preference.

Eligible Courses

The scholarship is available for the following fields of study:

Business, Commerce, Finance, and Management Sciences/Studies

Computer Science and related qualifications (e.g., Computational Thinking)

Data Science

Climate Studies (Postgraduate)

Engineering

Partner Universities

The Imfundo Trust collaborates with several esteemed institutions, including:

• Stellenbosch University
• University of Cape Town
• University of the Witwatersrand
• University of Johannesburg
• University of KwaZulu-Natal
• University of Pretoria
• Scholarship Benefits

The Imfundo Trust Scholarship offers a range of benefits:

Full coverage of tuition and accommodation costs

A book and spending allowance

Access to ICAS for psychosocial support

Participation in a mentorship programme starting from the third year

Application Process

How to Apply

Interested applicants must complete their applications on StudyTrust’s online application platform by the specified deadline to be considered for the scholarship. Note that only applications from South African citizens will be accepted.

The Imfundo Trust Scholarship Programme is a significant opportunity for South African students seeking financial support for their higher education. If you meet the eligibility criteria, be sure to apply and take advantage of this chance to further your academic journey. For more information and to apply, please visit the official scholarship website.

Application Deadline: