• 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: Finance, Accounting and Law.
• South African citizens, who are not older than 26 years.
• Applicants who are studying or matriculated at Quintile 1,2 & 3 schools (rural schools), and schools from previously disadvantaged communities will be given first preference.
• The IDC Bursary Program is for applicants whose parents earn a combined household income of up to
  R600 000,00 p/a. 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% Admission Point Score (APS)
  • Applicants at a tertiary level with a minimum of 65% APS (on application submit most recent academic results/transcript).
  • Applicants must be admitted to study at a South African Public University, the University of Technology and TVET College.

• South African recently certified copy of Identity Document (not older than 6 months from the date of application)
• 2024 mid-year (first semester) results or latest results if not studying this year (gap year applicants).
• A recently certified copy of Grade 11 results or current year’s grade 12 June results, recently certified copy of matric results
• A provisional acceptance letter/admission letter from the institution
• Recently certified copies of both parent(s) identity document (not older than 6 months).
• If the surname of the applicant & the parent(s) is different: student should provide a recently certified copy of the unabridged birth certificate.
• Required documents to verify parents or guardians’ household income:
  • Recently certified copy of latest pay slip if employed
  • Recently certified copy of 3 Months Bank Statements reflecting income if employed or self-employed
  • Affidavit if unemployed stating annual
  • Recently certified copy of 6 Months Bank Statements if un-employed
  • Recently certified copy of SASSA letter stating the grants received if applicable
  • Recently certified copy of Parent(s) death certificates if parent(s) are deceased
  • Recently certified copy of divorce certificate if parents are divorced OR sworn statement from the one parent if parents are separated.

• The IDC bursary will provide cover for the following expenses:
  • Full tuition fees,
  • Full Fees for on-campus accommodation and meals (institution rates will apply)
  • Capped amount for off-campus university accredited accommodation
  • Capped amount for Self-Catering Meal allowance
  • Capped amount for Transport allowance
  • Laptop (once-off)

Applications must be completed online, and applicants should submit clear copies of all required supporting documents (PICTURES WILL NOT BE ACCEPTED) and complete the interview questionnaire.

NB: 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.

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).