Industrial Development Corporation External Bursary Scheme 2025/26

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About Industrial Development Corporation External Bursary Scheme

The Industrial Development Corporation is inviting students to apply for the IDC External Bursary Scheme, for the 2026 academic year, Applications are open from the 1 st of June 2025 and the closing date for applications is the 30th of September 2025.

The IDC External Bursary is open to unemployed eligible South African citizens with financial needs. Applicants should be studying or intend to study full-time towards the below listed qualifications:

Applications will only be considered for the field of study below:

Finance/Management or Other Courses:

• Accounting (CA)
• Financial Management
• Internal Audit
• Cost and Management Accounting
• Investment Management
• Risk Management
• Transport or Logistics Management
• Supply Chain Management
• Entrepreneurship
• Finance Studies
• Economics
• Econometrics
• Business Management
• Financial Accounting
• Financial Engineering

STEM Courses

• Industrial Engineering
• Chemical Engineering
• Electrical Engineering
• Electronic Engineering
• Mechanical Engineering
• Mechatronic Engineering
• Mining Engineering
• Analytical Chemistry
• Metallurgy Engineering
• Agricultural Studies
• Civil/Constructio n/Quantity Survey Engineering
• Geology
• Actuarial or Data Science
• Environmental Science
• Quantitative Risk Management
• Physics
• Bachelor of Sciences
• Biotechnology
• Environmental Science
• Agricultural Studies
• Mathematics or Statistics
• Computer Science / Information Science
• BCom Information Systems
• Information Technology

Law Courses

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

Postgraduate Courses

• Post Grad in Law
• Mathematics or Statistics
• Actuarial Science
• Accounting CTA

• Sponsor Organisation: Industrial Development Corporation (IDC)

Benefits of Industrial Development Corporation External Bursary Scheme

The IDC bursary will provide cover for the following expenses:

• Full tuition fees,
• University Accommodation & University Accredited Off-Campus Accommodation
• Laptop ( once-off)
• Meal allowance
• Transport allowance

Industrial Development Corporation External Bursary Scheme Requirements

1. The IDC External Bursary will be granted to applicants studying towards their first qualification and undergraduate studies only. Second, qualifications & post-graduate qualification will not be funded.
2. Funding for postgraduate qualification(s) will only be granted to applicants who are studying: Law Qualifications, Accounting (CA), Actuarial Science, M athematics & Statistics
3. South African citizens, who are not older than 26 years.
4. Applicants who are studying or matriculated at Quintile 1,2 & 3 schools (public schools), schools from previously disadvantaged communities, and rural areas will be given first preference.
5. The IDC External Bursary S cheme is for applicants whose parents earn a combined household income of up to R350 000,00 p/a.
6. Eligible applicants whose parents earn a combined household income between R350 000,00 per annum and R600 000,00 per annum may be considered and are therefore invited to apply. An affordability assessment will be carried out as part of the selection criteria.
7. A weighting system, with due consideration of the following aspects, will be applicable:

• Applicants living with disability will be given first preference.
• Matriculants with a minimum of 75% average of the most recent results.
• Applicants at a tertiary level with a minimum of 65% average of the most recent results. You must maintain a 60% GPA score for the duration of study.
• Applicants must be admitted to study at a South African public university or university of technology.

• NOTE: ALL DOCUMENTS’ CERTIFICATION MUST NOT BE OLDER THAN 3 MONTHS

1. South African recently certified ID document (not older than 3 months)
2. 2025 mid-year (first semester) results or latest results if not studying this year.
3. Matric certificate if completed Matric.
4. 2025 Matriculants must use their grade 11 results and June 2025 results to apply
5. Required documents to verify parents or guardians’ household income:

• Recently certified copy of latest pay slip if employed.
• Both parents 3 months bank statement if employed.
• Affidavit if unemployed stating annual income.
• 6 months’ bank statement if unemployed & self-employed.
• SASSA Letter stating the grants received if applicable.
• Parent(s) death certificates if parent(s) are deceased.
• Both parents recently certified ID copies.
• Divorce certificate if parents are divorced or sworn statement from the one parent if parents are separated.
• Recently certified copy of proof of residence.

Application Date and Process

Applications must be completed online, and applicants should submit clear copies of all mandatory supporting documents and complete the interview questionnaire.

Click here to apply

Application Deadline

30 September, 2025

Scholarship Application Portal

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