IDC Bursary Programme for both Matric and Tertiary SA students

Finance 2 days ago

0 3 minutes read

The Industrial Development Corporation of SA Ltd (IDC) is engaged in various initiatives in human resource development, capacity building and human capital development to address acute skills deficits in the country, as well as, using it as a mechanism for the recruitment and development of professional employees. The provision of bursaries or study assistance for qualifying students is one of these initiatives.

IDC Bursary Programme for both Matric and Tertiary SA students

To be eligible for the scheme

Eligible Age

Student must be 16 years and older but not older than 26 years to apply.

Matric Students

Student must have achieved the total average of 75% and above and must be SA Citizen.

Tertiary Students

Student must have achieved the total average of 65% and above and must be SA Citizen.

The Bursary will fund the following courses

ENGINEERING: Engineering is a broad discipline that combines mathematics and science to identify and solve problems. It involves inventing, designing, building, maintaining and improving structures, machines, devices, systems, materials and processes. As such, engineering affects all aspects of our daily lives

BUSINESS AND ECONOMICS: Business economics is the study of the financial issues and challenges faced by corporations operating in a specified marketplace or economy.Business economics deals with issues such as business organization, management, expansion and strategy. Studies might include how and why corporations expand, the impact of entrepreneurs, the interactions between corporations, and the role of governments in regulation.

AGRICULTURAL SCIENCE: Agricultural science is a broad multidisciplinary field of biology that encompasses the parts of exact, natural, economic and social sciences that are used in the practice and understanding of agriculture.

COMPUTER SCIENCE: Computer science is the study of the theory, experimentation, and engineering that form the basis for the design and use of computers. It is the scientific and practical approach to computation and its applications and the systematic study of the feasibility, structure, expression, and mechanization of the methodical procedures.

What is the main selection criteria

The main criteria used in the selection of successful applicants to the IDC Bursary Scheme are
- Preference is given to applicants from rural areas. Other selection criteria are:
- Academic excellence: Selection will be done on the basis of June Grade 12 results compared to Grade 11 results and, if available, Grade 12 pre-lim results

The IDC Bursary programme targets high performing Grade 12 students who obtain a minimum of a B aggregate symbol in Mathematics and Science
Applicants already at university must have an average of a C Aggregate Minimum. University or University of Technology students who have already successfully completed one or more years will be considered on their Grade 12 and most recent academic results.

Value of the bursary

Tuition and Campus accommodation will be paid directly to the university;

Prescribed Text books fees will be paid directly to a service provider on submission of quotations and all relevant documents;
Accommodation at university approved residence will be paid directly to the Landlord on the basis of an approved lease agreement between the student and the landlord. The payments timelines will be agreed upon between the parties but ideally in line with the University’s semester system;
Meal allowance for students living in self-catering residence either on campus or at university approved residence will be paid on a quarterly basis;

CLICK HERE TO APPLY: IDC Bursary Programme for both Matric and Tertiary SA students