Industrial Development Corporation (IDC) Bursary 2022

Bursary description:

  • The IDC, founded by the South African government in 1940 is a national development financing agency that offers financial and non-financial assistance to young companies working on industrial development initiatives.
  • Students must work for IDC for the same period of time as their scholarship awardee once they have graduated.
  • The bursary covers tuition fees, textbook costs, travel expenses and accommodation costs.

Must be interested in enrolling or studying the following degrees:

  • Analytical Chemistry
  • Chemical Engineering
  • Civil Engineering
  • Electrical Engineering
  • Electronic Engineering
  • Financial Engineering
  • Geology (leading to BTech at University of Technology)
  • Industrial Engineering (BSc)
  • Mechanical Engineering
  • Metallurgy Engineering
  • Mine Survey
  • Mining Engineering
  • Accounting (CA BCom)
  • Actuarial Science
  • Agriculture
  • Computer Science
  • Economics
  • Econometrics
  • Environmental Science
  • Financial Engineering
  • Information Systems (BCom)
  • Investment Management
  • Information Technology
  • Mathematics
  • Physics
  • Quantitative Finance
  • Quantitative Risk Management
  • Statistics
  • Commercial Law (BCom)
  • LLB (Bachelor of Law)
  • Law (Postgraduate Diploma)

Bursary requirements:

  • Should be South African
  • Should have completed their Matric/Grade 12
  • Should be pursuing studies in the above mentioned fields
  • Should be studying at an accredited or recognized South African university
  • Should achieve an average of 75% and above in Math and Science in Grade 12
  • Should achieve an average of 65% if you are already studying.

How to apply:

  • Applications should be completed online by clicking the Apply Here button below.

The following documentation may be required for the bursary application:

  • Certified copy of your South African ID (Less than 3 months old).
  • Documentation of why you need financial assistance, this can include parent’s pay slip and a motivational letter.
  • Acceptance letter/document from the university stating you have been accepted for the enrollment of the studies you will be pursuing.
  • Certified copy of your latest academic record for university students.
  • Certified copy of your Academic record (Grade 12 latest academic record/Grade 11 final academic record).