Industrial Development Corporation of SA Ltd (IDC) Bursary Programme

Closing Date 30 November 2021

 

The 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

 

To be eligible for the scheme

Eligible Age

Student must be 16 years and older but not older than 25 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.

 

Course we offer Bursary for?

Engineering

Engineering is a broad discipline that combines mathematics and science to identify and solve problems. It involves inventing, designing, building, maintaining and improving structures, machines, devices, systems, materials and processes. As such, engineering affects all aspects of our daily lives.

Business & Economics

Business economics is the study of the financial issues and challenges faced by corporations operating in a specified marketplace or economy.Business economics deals with issues such as business organization, management, expansion and strategy. Studies might include how and why corporations expand, the impact of entrepreneurs, the interactions between corporations, and the role of governments in regulation.

Agricultural Science

Agricultural science is a broad multidisciplinary field of biology that encompasses the parts of exact, natural, economic and social sciences that are used in the practice and understanding of agriculture.

Computer Science

Computer science is the study of the theory, experimentation, and engineering that form the basis for the design and use of computers. It is the scientific and practical approach to computation and its applications and the systematic study of the feasibility, structure, expression, and mechanization of the methodical procedures.

 

General Instructions

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

 

2. What documentation should be uploaded?

A certified copy of your Grade 11 results, this year’s Grade 12 June results, your NSC/Matric results or your latest results if you are not studying this year, (Tertiary students have to include their complete academic record.)

A copy of your provisional admission letter to the institution you applied to study at

A certified copy of your ID document

Application must be for full time studies towards an academic degree at an accredited south african university of technology.

Candidates who are younger than 25, may apply

Proof of income

Certified copies of pay-slips of your parents(s) / guardian

A copy of the latest audited financial statements clearly showing a monthly salary drawn or a sworn affidavit declaring monthly income if your parent(s) / guardian is / are self-employed.

A certified copy of the latest pay-slip of your guardian if you reside with your guardian even though your parent(s) is / are still alive.

A certified copy of a death certificate or a sworn affidavit in the case of deceased parent(s) / guardian / spouse.

A certified copy of the divorce certificate if your parents are divorced

If your parents are separated, a sworn statement from one of them confirming their separation

 

3. What is the selection criteria?

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.

 

4. How much is the value of the bursary?

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;

 

CLICK HERE TO APPLY FOR THIS OPPORTUNITY