IDC Bursary

Offered by IDC

Closed Usually closes around September

The IDC Bursary funds unemployed young people aged 26 or younger studying a first qualification in engineering, finance, economics, the sciences and other fields the IDC needs. It covers tuition, accommodation, meals, transport and a laptop.

Who can apply

  • Be a South African citizen
  • Be unemployed
  • Not be older than 26 years old
  • Be currently be in Matric or have completed Matric
  • Be studying or intend on studying full-time towards a first undergraduate qualification, in one of the fields listed above (the bursary will NOT fund second qualifications)
  • Postgraduate funding will only be awarded to Law Qualifications, Accounting (CA), Actuarial Science, Mathematics & Statistics (the bursary will NOT fund postgraduate qualifications in other fields)
  • Be studying or intend on studying at a recognised public University, University of Technology South Africa (the bursary will NOT fund studies at private colleges)
  • Matric students: you must have achieved a minimum of 75% Admission Point Score (APS)
  • Tertiary students: you must have achieved a minimum of 65% APS
  • Have combined household income of NOT more than R350 000 per annum, however students with a combined household income of between R350 000 per annum and R600 000 per annum may also be considered
  • Have an excellent academic performance
  • Be in financial need
  • Be unemployed
  • Preference will be given to students living with a disability
  • Preference will be given to students who are studying or matriculated from Quintile 1, 2 and 3 schools (public schools), schools from previously disadvantaged communities, and from rural areas

What the bursary covers

  • Full tuition fees
  • Accommodation (at university or university accredited off-campus accommodation)
  • Meal allowance
  • Transport allowance
  • A once-off laptop

Documents you will need

  • ID document (certified copy – not older than 3 months)
  • Grade 11 final results and Matric June results, if currently in Matric (certified copies)
  • Matric certificate, if completed Matric (certified copy)
  • Latest academic results, if not studying this year (certified copy)
  • 2026 mid-year (first semester) results, if currently studying (certified copy)
  • Proof of acceptance or provisional admission at a tertiary institution (on institutions letterhead)
  • Parents or guardians ID documents (certified copies – not older than 6 months)
  • Unabridged birth certificate, if surname of the applicant & the parent(s) is different (certified copy)
  • Parents or guardians proof of income (latest payslips if employed/ affidavit and 6 months Bank Statements if unemployed/ 3 months’ bank statement if self-employed/ SASSA Letter stating the grants received if applicable/ death certificate if deceased/ divorce certificate if divorced/ sworn statement if separated) (certified copies)

Full bursary documents checklist

How to apply

  1. Check the requirements

    Make sure you meet every requirement listed above. Applications that miss one are usually rejected automatically.

  2. Prepare your documents

    Scan clear copies of everything the provider asks for, certified where required.

  3. Apply through the official channel
    IDC Bursary Application 2027

    Applications must be submitted online at: IDC Bursary Application 2027

    Applicants will be required to register an account before they can login and apply (scroll down to the bottom of the page).

  4. Submit before the closing date

    Usually closes around September. Late applications are almost never accepted.

Applications for the current cycle have closed. This bursary usually opens again each year, so prepare your documents now and check back.

Genuine bursaries never charge an application fee. How to spot bursary scams

Contact the bursary provider

Contact the provider only with questions about this bursary. StudentBursaries.co.za does not process applications.

About IDC

The Industrial Development Corporation (IDC) is a state-owned development finance institution that funds industrial projects in South Africa.

StudentBursaries.co.za is an independent directory and is not affiliated with the bursary provider. Logos and trademarks belong to their owners. Always confirm the details on the official website before you apply. Last checked: October 2026.