Industrial Development Corporation (IDC): Bursaries 2023

Bursaries will be awarded to learners who are academically talented but lack funding to pursue higher education. The bursary will be awarded for studies in fields which are directly related to industry, including:

Engineering:

• 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

Science & Applied Commercial Science:

• 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

Law:

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

NB. Bursaries will NOT be awarded for any other fields of study than the fields listed above.

Requirements:

• You must be a South African citizen
• You must reside in South Africa
• You must be under 25 years of age
• You must have completed Matric OR must currently be in Matric
• You must be studying or intend on studying full time within one of the aforementioned fields of study, in 2022
• You must be studying or intend on studying at a recognised public University, University of Technology or TVET College in South Africa (studies at private institutes are not covered)
• You must have achieved a minimum “B” symbol / 75% for Mathematics and Science in Matric
• You must have achieved a minimum overall “C” symbol/ 65% average, if currently studying
• You must have passed all courses registered for, if currently studying
• You must NOT be in receipt of any other funding from a bursary or employer
• You must have proven financial need – based on total household income
• Students with disabilities are encouraged to apply
• Preference will be given to students residing in rural communities areas

The bursary will provide cover for the following expenses: tuition fees, prescribed books, accommodation, meals, a laptop and an allowance.

IDC bursaries are awarded for 1 year of study at a time and are renewable each year, subject to submission of a progress report from the institution. Once students have graduated, they will be required to work for IDC for an amount of time equal to that of their bursary awarded.