IDC External Bursary Programme 2024 : Industrial Development Corporation of South Africa

Organisation : The Industrial Development Corporation of South Africa (IDC)
Scholarship Name : IDC External Bursary Programme 2024
Applicable For : Unemployed Eligible South African Citizens
Last Date : 30th of September 2023.
Website : https://www.idc.co.za/bursaries/

What is IDC External Bursary Programme?

The Industrial Development Corporation is inviting students to apply for the IDC External Bursary Programme, for the 2024 academic year from the 1st of July 2023 and the closing date for applications is the 30th of September 2023. The IDC Bursary is open to unemployed eligible South African citizens with financial needs. Applicants should be studying or intend to study full-time toward Science, Technology, Engineering, and Mathematics (STEM qualifications), including Accounting/Financial Studies and Law.

List of IDC-Funded Fields of Study

Applied Commercial Sciences:
** B.Com Accounting (CA)
** Internal Audit
** Cost and Management Accounting
** Financial Management
** BCom Information Systems
** Information Technology
** Computer Science
** Mathematics
** Statistics

Engineering:
** Investment Management
** Actuarial Science
** Environmental Science
** Quantitative Risk Management
** Physics
** Agricultural Studies
** Quantitative Finance
** Economics
** Econometrics

Bachelor of Law:
** B.Com Law (Commercial Law)
** Bachelor of Law (LLB)
** Postgraduate Diploma in Law

Who Can Apply For IDC External Bursary Programme?

** The IDC Bursary will be granted to applicants studying towards their first qualification and undergraduate studies only. No second qualification & post-graduate qualification will be funded.
** Funding for postgraduate qualification will only be granted to applicants who are studying: Accounting and Law.
** South African citizens, who are not older than 25 years.
** Applicants who are studying or matriculated at Quintile 1,2 & 3 schools (public schools), schools from previously disadvantaged communities, and from rural areas will be given first preference.
** The IDC Bursary Program is for applicants whose parents earn a combined household income of up toR350 000,00 p/a.
** Eligible applicants whose parents earn a combined household income of up to R600 000,00 p/a may be considered and are therefore invited to apply. An affordability assessment will be carried out as part of the selection criteria.

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% APS
** Applicants at a tertiary level with a minimum of 65% average of the most recent results.
** Applicants must be admitted to study at a South African public university or university of technology.

How To Apply For IDC External Bursary Programme?

Applications must be completed online, and applicants should submit clear copies of all required supporting documents and complete the interview questionnaire. To apply for the IDC External Bursary, click here or visit the IDC Website: www.idc.co.za – select About IDC, then select Bursaries. Successful applicants will be notified via email.

Documents Required For IDC External Bursary Programme

** South African recently certified ID document
** 2023 mid-year (first semester) results or latest results if not studying this year.
** Matric certificate if completed Matric.

Proof of parents’ or guardians’ household income:
** Latest pay slip if employed.
** Affidavit if unemployed stating annual income
** 3 Months’ bank statement if self-employed
** SASSA Letter stating the grants received if applicable.
** Parent(s) death certificates if parent(s) are deceased.
** Divorce certificate if parents are divorced OR sworn statement from the one parent if parents are separated.

What is the Last Date of IDC External Bursary Programme?

Last Date of IDC External Bursary Programme is 30th of September 2023

Contact

For more information, please email us at bursary@idc.co.za or 011 269 3374. Please report fraud or corruption at the IDC Hotline (0800 303 336), email (idc@tip-offs.com), or SMS (39640).