Industrial Development Corporation (IDC) Bursary South Africa 2017 – 2018



The Industrial Development Corporation of South Africa Limited (IDC) is a development finance firm, whose aim it is to promote industrial development and economic growth. The South African government-owned organisation was founded in 1940 and is under the supervision of the Economic Development Department (EDD).

IDC have setup a bursary scheme to assist academically gifted learners with their tertiary education, focusing mainly on students who wish to pursue their studies in commerce, science, engineering and law.


The bursary will be awarded to students who are studying or intend on studying full-time within one of the following fields:
Engineering (BSc):

  • Analytical Chemistry
  • Chemical Engineering
  • Civil Engineering
  • Electrical Engineering
  • Electronic Engineering
  • Geology
  • Industrial Engineering
  • Mechanical Engineering
  • Metallurgy Engineering
  • Mining Engineering

Applied Commercial Sciences:

  • Actuarial Science
  • Accountancy (CA) (Bcom)
  • Agriculture
  • Computer Science
  • Environmental Science
  • Information Systems (Bcom)
  • Information Technology
  • Investment Management

The following expenses will be covered by the bursary programme: tuition, prescribed books, accommodation on campus and meal allowance.

Once students have graduated, they will be required to work for IDC for an amount of time equal to that of their bursary awarded.


Applicants must satisfy the following minimum entry criteria before applying:

  • South African citizen
  • In Matric or have completed Matrc
  • Achieved a minimum “B” symbol in Matric Science and Mathematics
  • Qualify for University/ University of Technology/ TVET admission
  • Studying (or intend on studying) full-time in one of the above fields, at a recognised South African tertiary institution (students who are studying at a college will not be eligible to apply)
  • Current tertiary students must have completed and passed all prior subjects
  • Current tertiary students must have a minimum “C” symbol for overall average
  • Not currently receiving any other bursary aid
  • Good academic results: current Matric students will be assessed based on Matric mid-year results compared to Grade 11 final results and Matric prelim results, whereas current tertiary students will be assessed based on their Matric and latest results

*Preference will be given to students from rural areas.


Download the IDC Bursary Application Form(pdf).

The following supporting documentation should accompany your complete application form:

  • ID document (certified copy)
  • Matric students:
    • Grade 11 final results (certified copy)
    • Matric mid-year results (certified copy)
    • Provisional tertiary admission letter (copy only)
  • Applicants not currently studying: Matric certificate or latest results (certified copy)
  • Tertiary students: Full academic record if currently a tertiary student (certified copy)
  • Under 25 years old: Parents/ guardians proof of income
    • Payslips (certified copies) if employed
    • Financial statements if self-employed
    • Sworn affidavit if unemployed
  • Death certificate/ sworn affidavit if parent/ guardian is deceased (certified copy)
  • Divorce certificate if parents are divorced (certified copy)
  • Sworn statement from one parents if parents are separated


Application packs must be submitted in one of the following ways:
1) Email:
2) Fax: 086 210 3946/ 086 210 3197
3) Post:
Industrial Development Corporation (IDC)
PO Box 784055


30 June annually.


For any bursary queries, please contact
Industrial Development Corporation (IDC)
Ms Nolonwabo Nguqu
Tel: 011 269 3946

Fill in your details below to receive new bursary listings and bursary news to your email.