Industrial Dev’t Corporation (IDC) Bursary 2021/2022

By | November 17, 2021

The Industrial Development Corporation (IDC) Bursary 2021/2022 has been opened and all interested applicants should apply before the deadline below.

The Industrial Development Corporation is a national development finance institution whose primary objectives are to contribute to the generation of balanced, sustainable economic growth in Africa, and to the economic empowerment of the South African population.

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.

ENDING DATE: This Bursary will end on 30 November 2021.

LOCATION: South Africa

BURSARY REQUIREMENTS:

All interested applicants must satisfy the following minimum requirements before applying:

  • 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

BURSARY COVERAGE:

This Bursary covers for the following expenses: tuition fees, prescribed books, accommodation, meals, a laptop and an allowance.

METHOD OF APPLICATION

All Applicants must apply online at IDC Bursary Application 2022.

Remember to add the following documents when applying:

  • ID document (certified copy)
  • Grade 11 final results AND Matric June results, if currently in Matric (certified copy)
  • Matric certificate, if completed Matric (certified copy)
  • Latest academic results, if not studying this year (certified copy)
  • Full tertiary academic record, if currently at tertiary level (certified copy)
  • Proof of acceptance or provisional admission at an approved institute (on institutions letterhead)
  • Proof of registration, latest fee statement and latest academic progress report, if currently studying (on institutions letterhead)
  • Parents/ guardians proof of income (latest payslips if employed/ sworn affidavit or financial statements if self-employed/ sworn affidavit or death certificate if deceased/ divorce certificate if divorced/ sworn statement if separated) (certified copies)

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