The Foundation describes its undergraduate Fellowship as university funding and entrepreneurial development for young achievers transitioning into university.
Some program details are not available yet. Check current requirements, deadlines, and terms before you apply. Official program page
The Foundation describes its undergraduate Fellowship as university funding and entrepreneurial development for young achievers transitioning into university.
For the Grade 12 route, applicants must be in Grade 12 in the application year, be South African citizens, and meet the academic thresholds: at least 60% in Grade 11 Pure Mathematics or 80% in Mathematical Literacy, plus a final Grade 11 average of at least 70% excluding Life Orientation. Applicants must intend to study in specified faculties at WITS, UJ, UCT, NMU, RU, UWC, SU, UP, UFS, UKZN, or TSiBA; Medicine, Veterinary Science, and Dentistry are excluded. The official web page says applicants must be under 21, while the 2026 application PDF says not older than 21, so eligibility at exactly 21 is unclear.
The 2026 university nomination route was for first-year students at partner universities, including expanded degree programmes. It required a 65% average after the first semester of 2026, candidates to be no older than 22 in 2026, and an operating for-profit or nonprofit venture or work on a viable idea. These are route-specific requirements, not a combined checklist for every applicant.
Funding is needs-based. The Foundation describes full funding for applicants whose combined annual household income is R1 million or below; that category includes university accommodation, meals, textbooks, a tutoring allowance, and a monthly stipend. Above that threshold, the page describes needs-based funding, without specifying an amount here.
Other listed benefits include an online entrepreneurial curriculum, an individually assigned Foundation staff mentor, a business mentor, a community of like-minded individuals, seminars, workshops, an annual entrepreneurship conference, and access to business incubation. E Squared venture-funding access is conditional on business-idea viability and is described for students on the IVC programme and graduates. The separate peer-mentorship component offers one-on-one virtual or in-person meetings monthly for one hour, with at least seven sessions; this is not the total Fellowship workload.
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The program has not published how to apply. Terms and dates change. Check the official page before you act.
Applicants had to be South African citizens in Grade 12 in the application year, meet the stated Grade 11 mathematics and average thresholds, and intend to study an eligible faculty at one of the listed universities. The official web page says under 21, but the 2026 PDF says not older than 21, so the exact age boundary is unclear.
The published Grade 12 deadline was April 30, 2026, at 17:00 SAST; late forms were not accepted.
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From public sources
The closed undergraduate page describes submitting forms and supporting documents online or by post before the published 2026 deadline.
Source: Fellowship ProgrammeAt inspection on October 4, 2026, the official undergraduate page displays Applications Closed.
Source: Fellowship ProgrammeThe Postgraduate page's requirements body instead states applicants must be enrolled in an eligible 2026 Postgraduate programme or hold at least an honours degree from an eligible university.
Source: Allan Gray Postgraduate Fellowship ProgrammeThe Postgraduate 2027 FAQ says registration for postgraduate study is not required if the applicant meets the eligibility requirements.
Source: Allan Gray Postgraduate Fellowship ProgrammeThe Postgraduate 2027 FAQ expects approximately 70-100 participants; this is planned selection capacity, not actual enrollment or completion.
Source: Allan Gray Postgraduate Fellowship ProgrammeThe Postgraduate 2027 FAQ says it does not pay academic fees, unlike the undergraduate page's academic funding categories.
Source: Allan Gray Postgraduate Fellowship Programme
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