IDC Bursary Application 2018 – 2019
Industrial Development Corporation Bursary
IDC Bursary Value
The IDC bursary is awarded for full-time undergraduate/ diploma studies and it covers the following expenses:
Campus accommodation – paid directly to the university
Prescribed Text books fees will be paid directly to a service provider on submission of quotations and all relevant documents
Accommodation at university approved residence will be paid directly to the Landlord on the basis of an approved lease agreement between the student and the landlord. The payments timelines will be agreed upon between the parties but ideally in line with the University’s semester system;
Who Can Apply for IDC Bursary
South African citizens with a valid ID number residing in the Republic of South Africa and who qualify for admission to a University or University of Technology and TVET (Technical vocational education and training) college, and are not studying with the aid of an employer or bursary.
Applicants must have grade 12 Maths and Science with a minimum of a B aggregate symbol.
Applicants already at university must have an average of a C Aggregate Minimum.
University or University of Technology students who have already successfully completed one or more years will be considered on their Grade 12 and most recent academic results.
If you are already studying towards a degree course for which you are applying for a bursary, you must have passed all courses for which you have registered at the university for the study period already completed.
Applications must be for full time studies towards an academic degree at an accredited South African university or university of technology.
No bursaries are awarded for studies at a college, e.g. (Damelin, Boston, etc) or private university.
NB. The bursary may also be awarded for the purpose of acquiring a compulsory post- graduate qualification in order to obtain a prescribed professional status
i.e. Chartered Accountant or BTech or Hons.
IDC Bursaries are renewable annually, subject to acceptable proof of progress from the institution.
Bursary payments are made directly to institutions in accordance with the rules of the University, University of Technology and TVET’s
Applicants may enrol at any accredited South African University, University of Technology or FET college
IDC Bursary Study Field
Fields of study in which bursaries are awarded have to be directly related to industry, and will only
include the following:
IDC Engineering Bursaries
BSc Industrial, Chemical, Electrical, Electronic, Mechanical, Mining, Metallurgy, Civil, Analytical Chemistry and Geology. (University of technology level leading to B. Tech).
IDC Applied Commercial Sciences Bursaries
Bcom (Accountancy CA), Bcom Information Systems, Information Technology, Computer Science, Investment Management, Agriculture and Environmental Science.
NB: No bursaries are awarded for fields of study not listed above
IDC Bursary Obligation
Bursars may be expected to remain in the employ of the Corporation for a period equal to the number of years of the awarded bursary. Such employment is subject to the normal selection procedures, salary and employment conditions of the Corporation.
How To Apply?
Industrial Development Corporation (IDC)
PO Box 784055