Old Mutual Imfundo Trust Scholarship Programme Opens for 2026

Old Mutual Imfundo Trust Scholarship Programme provides comprehensive financial support for qualifying South African students pursuing degrees aligned with the investment management sector. The programme particularly aims to develop future black investment professionals, with a strong focus on supporting black women.

The scholarship supports fields including business, commerce, finance, computer science, data science, engineering and climate studies.

What Does the Imfundo Trust Scholarship Cover?

The programme is described as a full scholarship for deserving students. Benefits include:

Full tuition fees
Accommodation costs
Meals
Book allowance
Spending allowance
Access to ICAS psychosocial support
Mentorship from the third year onwards

The Trust states that it had 39 students in 2026, with 63% being female, and had awarded R72.1 million in scholarship funding as of the end of 2025.

Who Can Apply?

The scholarship is open to:

South African citizens
Grade 12 learners
First-year university students
Postgraduate Climate Studies applicants, as an exception

Grade 12 Applicants

Grade 12 applicants must have:

At least a 70% average in their mid-year examinations
At least 70% in Mathematics
At least 70% in English First Additional Language, or 60% in English Home Language

First-Year University Applicants

First-year university applicants must have achieved at least a 65% average in their mid-year examinations.

Applicants from rural and township backgrounds are given preference.

Degrees Funded

The Imfundo Trust supports students studying in the following areas:

Business
Commerce
Finance
Management Sciences/Studies
Computer Science and related qualifications
Data Science
Engineering
Climate Studies at postgraduate level

This makes the scholarship particularly relevant to students interested in finance, investment management, technology, data and sustainability-related careers.

Partner Universities

The scholarship programme works with six universities:

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

How to Apply

Applications must be submitted through StudyTrust’s online application platform.

Apply for the Old Mutual Imfundo Trust Scholarship through StudyTrust

According to the information provided, applications must be submitted before 30 September to be considered for the following year’s bursary.

Only applications from South African citizens will be considered.

Why Apply for the Imfundo Trust Scholarship?

The programme goes beyond simply paying university costs. According to the information provided, the Trust aims to develop future investment professionals and provides scholars with financial support, psychosocial assistance and mentorship.

With funding covering tuition, accommodation, meals, books and spending expenses, the scholarship can substantially reduce the financial burden associated with university study.

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