Applications Open for the Industrial Development Corporation (IDC) Bursary Scheme 2027
Applications Open for the Industrial Development Corporation (IDC) Bursary Scheme 2027. The Industrial Development Corporation is inviting students to apply for the IDC External Bursary Scheme for the 2027 academic year. Applications have opened on Monday, 1 June 2026 and will close on Wednesday, 30 September 2026.
The IDC Bursary is open to unemployed eligible South African citizens with financial needs. Applicants should be studying or intend to study full-time with the below listed qualifications:
Fields of Study
- Accounting (CA)
- Financial Management
- Internal Audit
- Cost and Management Accounting
- Investment Management
- Risk Management
- Transport or Logistics Management
- Supply Chain Management
- Entrepreneurship
- Finance Studies
- Economics
- Econometrics
- Business Management
- Financial Accounting
- Financial Engineering
Eligibility
The IDC External Bursary will be granted to applicants studying towards their first qualification and undergraduate studies only. Second, qualifications & post-graduate qualification will not be funded. Funding for postgraduate qualification (honours) will only be granted to applicants who are studying: Law Qualifications, Accounting (CA), Actuarial Science, Mathematics & Statistics South African citizens ONLY, who are not older than 26 years. Applicants who are studying or matriculated at Quintile 1,2 & 3 schools (public schools), schools from previously disadvantaged communities, and rural areas will be given first preference. The IDC External Bursary Program is for applicants whose parents earn a combined household income of up to R350 000,00 p/a. Eligible applicants whose parents earn a combined household income between R350 000,00 p/a and 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. You must maintain a 60% GPA score for the duration of study.
- Applicants must be admitted to study at a South African public university or university of technology
Requirements
South African recently certified ID document (not older than 3 months) 2026 mid-year (first semester) results or latest results if not studying this year. Matric certificate if completed Matric. 2026 Matriculants must use their grade 11 results and June 2026 results to apply Proof of parents’ or guardians’ household income:
- Recently certified copy of latest pay slip(s) if employed.
- Both parents 3 months bank statement if employed.
- Affidavit if unemployed stating annual income.
- 6 months’ bank statement if unemployed & self-employed.
- SASSA Letter stating the grants received if applicable.
- Parent(s) death certificates if parent(s) are deceased.
- Both parents recently certified ID copies.
- Divorce certificate if parents are divorced or sworn statement from the one parent if parents are separated.
- Recently certified copy of proof of residence.
How to Apply
Click HERE to apply.
Closing Date: Wednesday, 30 September 2026
