Ready to boost your future? The Old Mutual Imfundo Trust Scholarship is now open, and the deadline is fast approaching. If you want to study a field that feeds the investment sector and South Africa’s growing economy, this could be the chance you’ve been waiting for.
What is the Old Mutual Imfundo Trust Scholarship?
The Imfundo Trust, created by Old Mutual Investment Group, funds South African students who aim to work in finance, business, data, engineering, technology or climate‑focused studies. “Imfundo” means education in Nguni, and the scholarship lives up to that name by covering tuition for selected undergraduate and postgraduate programmes.
Who can apply?
To be considered, you must be a South African citizen. The scholarship mainly targets students who will be in their first or second year of study in 2027. The exception is Climate Studies, which is offered at postgraduate level.
Applicants from rural or township backgrounds receive preference. Black women are especially encouraged to apply.
Academic requirements
- If you will start your first year in 2027, you need at least 70% average in your Grade 12 mid‑year exams, with 70% in Mathematics and either 70% in English First Additional Language or 60% in English Home Language.
- If you are already in your first year, you need a minimum of 65% average in your latest mid‑year or June results.
These marks are essential because the scholarship is highly competitive.
What degrees are funded?
Funding is available for full‑time study in the following fields at selected South African universities:
- Business, Commerce, Finance and Management Sciences
- Computer Science and related qualifications (including Computational Thinking)
- Data Science
- Engineering
- Climate Studies (postgraduate only)
Benefits of the scholarship
The award covers tuition fees for the qualifying degree programme. It also gives you a foot‑step into the investment industry, connecting you with future‑focused skills that are in demand across the country.
How to apply – step by step
- Visit the official Old Mutual Imfundo Trust Scholarship application page.
- Read the StudyTrust bursary instructions carefully.
- Create an account on the StudyTrust platform and start a new application.
- Enter your personal details and upload the required documents (see next section).
- Write a motivation letter that links your study goals to the investment industry, transformation and the impact you want to make.
- Submit the completed form before 30 September.
Documents you will need
- Certified copy of your South African ID
- Latest academic results (Grade 12 mid‑year results if you’re applying as a first‑year student)
- Full tertiary academic record (if applicable)
- Proof of university acceptance or registration (if available)
- Proof of household income
- Motivation letter that ties your career ambition to the scholarship’s focus areas
Tips to improve your chances
- Start gathering documents early – a complete file is stronger than a rushed one.
- Make your motivation letter personal. Show how your chosen field will help transform the investment sector and benefit South Africa.
- Proofread for clarity and correct spelling; a well‑written letter reflects professionalism.
- If you receive other financial aid (bursaries, loans, etc.), be transparent – the Trust may adjust the award.
- Practice for the interview. The Board of Trustees will consider your interview performance alongside your application.
Conclusion and next steps
The Old Mutual Imfundo Trust Scholarship 2027 offers a real pathway into high‑growth fields that shape South Africa’s economy. If you meet the academic thresholds and can gather the required paperwork, start your application today and aim to submit before the 30 September deadline.