The Industrial Development Corporation of SA Ltd (IDC) is engaged in various initiatives in human resource development, capacity building and human capital development to address acute skills deficits in the country, as well as, using it as a mechanism for the recruitment and development of professional employees. The provision of bursaries or study assistance for qualifying students is one of these initiatives.
About Industrial Development Corporation (IDC)
The Industrial Development Corporation (IDC) of South Africa Limited was established in 1940 through an Act of Parliament (Industrial Development Corporation Act, 22 of 1940) and is fully owned by the South African Government. IDC priorities are aligned with the national policy direction as set out in the National Development Plan (NDP), Industrial Policy Action Plan (IPAP) and industry Master Plans. Our mandate is to maximise our development impact through job-rich industrialisation, while contributing to an inclusive economy by, among others, funding black-owned and empowered companies, b...... continue reading
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Bursary Programme
Aim and Benefits of Bursary Programme
- Tuition and Campus accommodation will be 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;
- Meal allowance for students living in self-catering residence either on campus or at university approved residence will be paid on a quarterly basis;
Requirements for Bursary Programme Qualification
To be eligible for the scheme
Eligible Age
Student must be 16 years and older but not older than 26 years to apply.
Matric Students
Student must have achieved the total average of 75% and above and must be SA Citizen.
Tertiary Students
Student must have achieved the total average of 65% and above and must be SA Citizen.
Interview date, Process and Venue for Bursary Programme
- The main criteria used in the selection of successful applicants to the IDC Bursary Scheme are
- Preference is given to applicants from rural areas. Other selection criteria are:
- Academic excellence: Selection will be done on the basis of June Grade 12 results compared to Grade 11 results and, if available, Grade 12 pre-lim results
- The IDC Bursary programme targets high performing Grade 12 students who obtain a minimum of a B aggregate symbol in Mathematics and Science
- 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.
Application Deadline
September 30, 2025How to Apply
- Application together with the supporting documents must be uploaded
- Only application from south african citizens with a valid ID number, residing in the Republic Of South Africa and who qualify for admission to south african university or TVET (Technical Vocational Education and Training) college, and are not studying with the aid of the employer or bursary.
- 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.
- Application must be for full time studies towards an academic degree at an accredited south african university of technology.
- No bursaries are awarded for studies at a college e.g. (Damelin , Boston, etc.) or private university
For more details, visit IDC Bursary Programme webpage
