The Industrial Development Corporation (IDC) is offering Bursary Programme for the academic year 2017.
The applicants must have grade 12 Maths and Science with a minimum of a B aggregate symbol and those who are already at university must have an average of a C Aggregate Minimum.
Bursary application deadline is 30 June 2016.
Bursary Provider: The Industrial Development Corporation (IDC)
Nationality: South African citizens with a valid ID number residing in the Republic of South Africa.
Field of Study:
Fields of study in which bursaries are awarded have to be directly related to industry, and will only include the following:
Engineering: BSc Industrial, Chemical, Electrical, Electronic, Mechanical, Mining, Metallurgy, Civil, Analytical Chemistry and Geology. (University of technology level leading to B.Tech).
Applied Commercial Sciences: Bcom (Accountancy CA), Bcom Information Systems, Information Technology,
Computer Science, Investment Management, Agriculture and Environmental Science.
NB: No bursaries are awarded for fields of study not listed above
Bursary Award:
The value of the bursary for full – time undergraduate/ diploma studies comprises of the following: 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;
NB. The bursary may also be awarded for the purpose of acquiring a compulsory post-graduate qualification in order to obtain a prescribed professional status i.e. Chartered Accountant or BTech or Hons.
Bursaries are renewable annually, subject to acceptable proof of progress from the institution.
Eligibility:
South African citizens with a valid ID number residing in the Republic of South Africa and who qualify for
admission to a University or University of Technology and TVET (Technical vocational education and training)
college, and are not studying with the aid of an employer or bursary.
Applicants must have grade 12 Maths and Science with a minimum of a B aggregate symbol
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.
If you are already studying towards a degree course for which you are applying for a bursary, you must have passed all courses for which you have registered at the university for the study period already completed.
Applications must be for full time studies towards an academic degree at an accredited South African university or university of technology. No bursaries are awarded for studies at a college, e.g. (Damelin, Boston, etc) or private university.
How to Apply:
The applications will be returned to:
Industrial Development Corporation (IDC)
PO Box 784055
Sandton
2146
Fax no: 0862103946/3197
Email: bursary@idc.co.za
Application Deadline: The application deadline is 30th June 2016.