idc bursary

Industrial Development Corporation (IDC) invites qualifying students to apply for the 2024 Bursary Programme.

For the 2024 academic year, IDC will fund studies in these fields:

Engineering:

• Agricultural Studies
• Analytical Chemistry
• Chemical Engineering
• Civil Engineering
• Construction Engineering
• Electrical Engineering
• Electronic Engineering
• Financial Engineering
• Geology (University of Technology leading to a B Tech)
• Industrial Engineering
• Mechanical Engineering
• Metallurgy Engineering
• Mining Engineering

Applied Commercial Sciences:

• Accounting (CA) (BCom)
• Actuarial Science
• Agricultural Studies
• Computer Science
• Cost and Management Accounting
• Economics
• Econometrics
• Environmental Science
• Financial Management
• Information Systems (BCom)
• Investment Management
• Information Technology
• Internal Audit
• Mathematics
• Physics
• Quantitative Finance
• Quantitative Risk Management
• Statistics

Law:

• Commercial Law (BCom)
• LLB (Bachelor of Law)
• Law (Postgraduate Diploma)
   

Requirements:

• You must be a South African citizen
• You must reside in South Africa
• You must NOT be older than 25 years old
• You must currently be 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 (the bursary will NOT fund second qualifications)
• Postgraduate funding will only be awarded to Accounting and Law students (the bursary will NOT fund postgraduate qualifications in other fields)
• You must be studying or intend on studying at a recognised public University, University of Technology or TVET College in South Africa (the bursary will NOT fund studies at private colleges)
• Matric students: you must have achieved a minimum overall average of 75% AND you must have achieved a minimum B aggregate symbol in Mathematics and Science
• Tertiary students: you must have achieved a minimum overall average of 65% in your most recent results AND you must have passed all courses which you registered for, for the study period already completed
• You must have combined household income of NOT more than R350 000 per annum (students with a combined household income of less than R600 000 per annum may apply)
• You must NOT be studying with the aid of the employer or bursary
• Preference will be given to students living with a disability
• 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

Please note:

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