Industrial Development Corporation (IDC) Bursary South Africa 2025

About the Bursary Provider – IDC

The Industrial Development Corporation (IDC) is a national development finance institution, which provides financial and non-financial support to youth enterprises, undertaking industrial development projects. The IDC is committed to promoting economic growth, industrial development, and sustainable job creation in South Africa and across Africa.

About the IDC Bursary Programme – Fields Covered

The IDC Bursary Programme is inviting students to apply for the 2025 academic year. Bursaries will be awarded for undergraduate studies in the following fields:

Fields
Commerce and Management Studies
Engineering
Applied Commercial Sciences
Law

Bursaries will be awarded to learners who are academically talented but lack funding to pursue higher education.

About the IDC Bursary Programme – Coverage Value & Selection

The bursary will provide cover for the following expenses: tuition fees, accommodation, meal allowance, transport allowance, and a once-off laptop. Students must be in financial need, as an affordability assessment will be conducted as part of the selection process.

Eligibility Requirements for the IDC Bursary

• You must be a South African citizen.
• You must not be older than 26 years old.
• You must be currently in Matric or have completed Matric.
• You must be studying or intend on studying full-time towards a first undergraduate qualification in one of the fields listed above.
• You must be studying or intend on studying at a recognised public University, University of Technology, or TVET College in South Africa.
• You must have achieved a minimum of 75% Admission Point Score (APS) if you are a Matric student.
• You must have achieved a minimum of 65% APS if you are a tertiary student.
• You must have a combined household income of not more than R600 000 per annum.
• You must have an excellent academic performance.
• You must be in financial need.
• You must be unemployed.
• Preference will be given to students who are studying or matriculated from Quintile 1, 2, and 3 schools (public schools), schools from previously disadvantaged communities, and from rural areas.

How to Apply for the IDC Bursary

Applications must be submitted online at: IDC Bursary Application 2025

Enter “www.Govnet.co.za” in the field asking how you heard about the IDC Bursary.

Submit clear copies of the following supporting documentation along with your online application:

• ID document (certified copy – not older than 6 months).
• Grade 11 final results and Matric June results, if currently in Matric (certified copies).
• Matric certificate, if completed Matric (certified copy).
• Latest academic results, if not studying this year (certified copy).
• 2024 mid-year (first semester) results, if currently studying (certified copy).
• Proof of acceptance or provisional admission at a tertiary institution (on institutions letterhead).
• Parents or guardians ID documents (certified copies – not older than 6 months).
• Unabridged birth certificate, if surname of the applicant and the parent(s) is different (certified copy).
• Parents or guardians proof of income (latest payslips if employed, affidavit and 6 months Bank Statements if unemployed, 3 months’ bank statement if self-employed, SASSA Letter stating the grants received if applicable, death certificate if deceased, divorce certificate if divorced, sworn statement if separated) (certified copies).

Closing Date for the IDC Bursary

30 September 2024. (Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)

Contact the Bursary Provider

For any queries related to this bursary programme, please contact the Industrial Development Corporation (IDC) directly:

• Email: [email protected]
• Tel: 011 269 3374

Additional Tips on How to Apply and Success in the Vacancy

To increase your chances of success in the IDC Bursary programme, make sure to:

• Meet the eligibility criteria outlined above.
• Ensure that your application is submitted online and on time.
• Attach all required supporting documentation.
• Make sure to follow the instructions provided in the application form.
• Be prepared for an affordability assessment.