The Industrial Development Corporation Bursary is a fantastic opportunity for South African students pursuing careers in Science, Technology, Engineering, and Mathematics (STEM) fields, including Accounting, Finance, and Law.
This bursary program is offered by a leading financial institution that is dedicated to promoting industrial development.
It assists deserving students from underprivileged backgrounds in achieving their academic goals.
About the Industrial Development Corporation Bursary
The IDC Bursary aims to empower talented individuals by providing financial aid for undergraduate studies.
The program is specifically designed to support students interested in fields crucial for South Africa’s economic growth and development.
By investing in future generations of professionals, the IDC fosters innovation and builds a skilled workforce to contribute to the nation’s success.
Industrial Development Corporation Bursary Application Form
Unfortunately, the application window for the 2024 academic year intake has closed. The usual application period starts on July 1st and closes on September 30th of each year.
It is important for you to stay updated on application deadlines.
You can check the IDC’s official website regularly for the latest information regarding the bursary program, including application forms and updates on the opening of the next application cycle.
Industrial Development Corporation Bursary Requirements
If it is your wish to be considered for the IDC Bursary, you must meet the following criteria:
- South African Citizenship: You must be a South African citizen.
- Age: You must be between 16 and 25 years old.
- Academic Performance:
- Matric Students: If you are a matriculant, you need a minimum overall average of 75%.
- University Students: If you are already enrolled at a university, you need a minimum overall average of 65% in your previous year of study.
- Field of Study: You must be pursuing a full-time undergraduate qualification in a STEM field, including Accounting/Financial Studies or Law. Preference is given to students pursuing specific fields as listed on the IDC website.
- Financial Need: You must demonstrate financial need through a means test conducted by the IDC.
- School Background: Preference is given to applicants from:
- Quintile 1, 2, and 3 schools (public schools)
- Previously disadvantaged communities
- Rural areas
Industrial Development Corporation Bursary Closing Date
As mentioned earlier, the application window for the 2024 academic year closed on 30 September 2023.
It’s advisable to check the IDC bursary webpage regularly for updates regarding the opening and closing dates of the application period for the following year.
While the IDC website is the primary source of information and application submission, you can also reach them for general inquiries on 011 269 3374 or through email at: [email protected].