Old Mutual Investment Group (OMIG) Imfundo Trust Scholarship South Africa 2023 – 2024
ABOUT THE COMPANY – OLD MUTUAL INVESTMENT GROUP
Old Mutual Investment Group (OMIG) Imfundo Trust Scholarship South Africa | The Old Mutual Education Trust was established to form part of the landmark BBEE (Broad-based Black Economic Empowerment) transaction and to ensure that the funding from the Old Mutual BEE deal was correctly allocated to Old Mutual’s business partners members and dependants.
The Imfundo Trust, an Old Mutual Investment Group (OMIG) scholarship initiative was founded to help address the lack of black investment professionals within the country and to increase the number of qualified professionals in the asset management industry. Between the period 2011 and 2019, around R39 million has been spent funding students in their tertiary education. The scholarship programme funds around 20 beneficiaries each year, mainly black deserving students (especially women) at South Africa’s top universities.
ABOUT THE BURSARY PROGRAMME – FIELDS COVERED & COVERAGE
The Old Mutual Investment Group is inviting students to apply for funding, through the Imfundo Trust Scholarship, for the 2023 academic year.
Scholarships will be awarded for studies within these fields:
- Climate Studies (Postgraduate)
- Computer Science and related qualifications
- Data Science
- Management Sciences / Studies
Zabusaries.com is committed to keeping you up to date with the latest bursary opportunities, and this article covers all details about the Old Mutual Imfundo Trust Scholarship.
MORE ABOUT THE OLD MUTUAL IMFUNDO TRUST SCHOLARSHIP PROGRAMME – SELECTION
Shortlisted candidates will be contacted and invited to attend an interview. The Board of Trustees will consider the outcome of the interview and any other relevant factors when making the final decision on granting the scholarships.
ELIGIBILITY REQUIREMENTS FOR THE OLD MUTUAL IMFUNDO TRUST SCHOLARSHIP
Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
- You must be a South African citizen
- You must be currently in Matric or have completed Matric
- You must be studying or intend on studying full-time, towards a qualification in one of the fields listed above
- You must be entering your first or second year of study in 2023 (except for Climate Studies, which is only for postgraduate students)
- You must be studying or intend on studying at a recognised and accredited tertiary institution in South Africa
- You must have achieved a minimum overall average of 70% in the mid-year Matric exams, with a minimum of 70% in Mathematics and 70% in English FAL or 60% in English HL, if currently in Matric
- You must have achieved a minimum overall average of 65% in the most recent exams if currently studying
- Preference will be given to candidates from rural and township backgrounds
HOW TO APPLY FOR THE OLD MUTUAL IMFUNDO TRUST SCHOLARSHIP
Applications must be submitted online at; Old Mutual Imfundo Trust Scholarship Application 2023
Submit clear copies of the following supporting documentation along with your online application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
- South African ID document (certified copy)
- Matric certificate (certified copy)
- Full academic record/ transcripts (certified copy)
- Parents or guardians proof of income (latest payslips or letter from employer if employed, latest financial statements if self-employed, affidavit if unemployed) (certified copy)
- Parents’ or guardians’ death certificates, if deceased (certified copy)
- Parents or guardians divorce certificate, if divorced (certified copy)
- Parents or guardians sworn statement, if separated (certified copy)
- Signed consent form (.docx)
- Profile picture
- Proof of address (certified copy)
- Essay (answering the following: description of your personal background and family circumstances, description of all your achievements and leadership positions, your personal strengths and weaknesses, how your chosen study programme relate to your talents; interests and envisaged career, your personal statement to headline your application profile)
CLOSING DATE FOR THE OLD MUTUAL IMFUNDO TRUST SCHOLARSHIP
30 September 2022.
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
CONTACT THE SCHOLARSHIP PROVIDER
For any queries related to this scholarship programme, please contact StudyTrust (the administrators for this scholarship) directly:
Tel: 011 403 1632
Mobile: 087 511 3373
Contact page: https://studytrust.org.za/contact-us/
NSFAS National Student Financial Aid Schemes
NSFAS: What is NSFAS?
NSFAS, or National Student Financial Aid Scheme, was established according to the National Student Financial Aid Scheme Act of 1999 and incorporated the Tertiary Education Fund of South Africa (TEFSA), which stopped operating in 2000.