Highlights
- The IDC External Bursary 2026 fully funds tuition, accommodation, and living expenses for eligible applicants.
- Applications open on June 1, 2025, and close on September 30, 2025.
- This bursary program aims to support future careers and contribute to South Africa’s development.
IDC Bursary 2026: Your Complete Application Guide
The Industrial Development Corporation (IDC) External Bursary Scheme represents one of South Africa’s most comprehensive funding opportunities for aspiring students. With applications opening on June 1, 2025, and closing on September 30, 2025, this program could be your gateway to pursuing higher education without the burden of student debt.
This guide breaks down everything you need to know about the IDC bursary program, from eligibility requirements to application procedures, helping you maximize your chances of securing this valuable funding opportunity.
What is the IDC External Bursary Scheme?
The IDC External Bursary Scheme is a comprehensive financial aid program designed to support unemployed South African citizens with demonstrated financial need. Unlike many bursary programs that offer partial funding, the IDC bursary covers multiple aspects of your university experience.
The program specifically targets students from previously disadvantaged communities and rural areas, with a particular focus on those who attended Quintile 1, 2, and 3 public schools. This approach ensures that financial barriers don’t prevent talented students from accessing quality higher education.
Who Qualifies for IDC Bursary Funding?
Age and Citizenship Requirements
To qualify for the IDC bursary, you must be a South African citizen who is not older than 26 years. This age limit ensures the program reaches young people at the start of their academic journey.
Academic Performance Standards
The IDC maintains specific academic standards for different student categories:
For matriculants: You need a minimum of 75% average in your most recent results. If you’re currently completing matric in 2025, you’ll need to submit your Grade 11 results along with your June 2025 mid-year results.
For current tertiary students: A minimum of 65% average in your most recent academic results is required. Additionally, you must maintain a 60% GPA throughout your studies to continue receiving funding.
Financial Need Assessment
The bursary primarily targets students whose parents have a combined household income of up to R350,000 per year. However, families earning between R350,000 and R600,000 annually may also be considered, subject to an affordability assessment.
Special Considerations
The IDC uses a weighting system that gives preference to certain applicants:
- Students living with disabilities receive first preference
- Applicants from Quintile 1, 2, and 3 schools are prioritized
- Students from rural areas and previously disadvantaged communities
Approved Fields of Study
The IDC bursary covers specific fields of study that align with South Africa’s economic development needs. Applications outside these fields will not be considered.
Finance and Management Courses
The program funds various business-related qualifications including:
- Chartered Accountancy (CA)
- Financial Management and Financial Engineering
- Internal Audit and Risk Management
- Supply Chain Management and Transport/Logistics Management
- Economics, Econometrics, and Investment Management
- Business Management and Entrepreneurship
STEM Disciplines
Science, Technology, Engineering, and Mathematics fields include:
- Various engineering disciplines (Industrial, Chemical, Electrical, Electronic, Mechanical, Mechatronic, Mining, Civil/Construction, Metallurgy)
- Agricultural Studies and Environmental Science
- Analytical Chemistry and Geology
- Actuarial Science and Data Science
- Computer Science, Information Science, and Information Technology
- Mathematics, Statistics, and Physics
- Biotechnology and Bachelor of Sciences programs
Legal Studies
Law-related qualifications covered include:
- BCom Law (Commercial Law)
- Bachelor of Law (LLB)
- Diploma in Law Studies
Postgraduate Opportunities
While the IDC primarily funds undergraduate studies, postgraduate funding is available for specific fields:
- Postgraduate Law qualifications
- Mathematics and Statistics
- Chartered Accountancy (CTA)
- Actuarial Science
Comprehensive Benefits Package
The IDC bursary provides extensive coverage that addresses multiple aspects of university life:
Academic Costs: Full tuition fees are covered, removing the primary financial barrier to higher education.
Accommodation: Both university accommodation and university-accredited off-campus housing are included.
Technology Support: A once-off laptop provision ensures you have the necessary technology for your studies.
Living Expenses: Meal allowances help cover your daily food costs.
Transportation: Transport allowances assist with travel costs between home and university.
This comprehensive approach means you can focus entirely on your studies without worrying about basic living expenses.
Essential Documentation Requirements
Preparing your application requires careful attention to documentation. All certified documents must be no older than three months from the application date.
Personal Documentation
- Recently certified South African ID document
- Matric certificate (if completed)
- 2025 mid-year results or latest academic results
- Grade 11 results (for current matric students)
Financial Documentation
The IDC requires comprehensive proof of household income:
- Recent certified payslips (if parents are employed)
- Three months of bank statements for employed parents
- Six months of bank statements for unemployed or self-employed parents
- Affidavits stating annual income (for unemployed parents)
- SASSA letters detailing grants received
- Death certificates (if applicable)
- Divorce certificates or separation statements
- Recently certified copies of both parents’ ID documents
- Proof of residence
Application Process and Timeline
Key Dates
- Applications Open: June 1, 2025
- Application Deadline: September 30, 2025
- Academic Year: 2026
Online Application Requirements
All applications must be completed online through the IDC’s dedicated bursary portal. The process includes:
- Complete the online application form: Provide accurate personal and academic information
- Upload supporting documents: Ensure all documents are clear, readable, and properly certified
- Complete the interview questionnaire: This component helps assessors understand your background and motivation
Application Tips
Start Early: Don’t wait until the last minute. Gathering all required documentation takes time, especially obtaining certified copies and financial statements.
Double-Check Requirements: Ensure you meet all eligibility criteria before applying. Applications for non-approved fields of study will be automatically rejected.
Document Quality: Upload clear, legible copies of all documents. Poor quality scans can delay processing or lead to rejection.
Contact Information: Keep your contact details updated throughout the process. Successful applicants are notified via email.
Success Stories and Impact
The IDC bursary program has transformed countless lives, enabling students from disadvantaged backgrounds to pursue their academic dreams. Success stories include Dr. Siviwe Malongweni, Thembani Mavhundla, Retang Shaku, and Sanele Buthelezi, who have all leveraged their IDC bursary funding to achieve academic and professional success.
These graduates often return to their communities as professionals, entrepreneurs, and leaders, creating a multiplier effect that extends the program’s impact far beyond individual beneficiaries.
Important Limitations and Considerations
First Qualification Rule
The IDC bursary typically funds only your first qualification and undergraduate studies. Second qualifications and most postgraduate studies are not covered, except for the specific postgraduate fields mentioned earlier.
Institution Requirements
You must be admitted to study at a South African public university or university of technology. Private institutions are not covered under this program.
Maintaining Eligibility
Once awarded, you must maintain a minimum 60% GPA throughout your studies to continue receiving funding. Academic progress is monitored regularly.
Getting Help and Support
If you encounter difficulties during the application process, contact the IDC bursary team:
- Phone: Noluthando Baepi at 011 269 3374
- Email: noluthandob@idc.co.za or ExternalBursaryQueries@idc.co.za
The IDC also maintains a fraud reporting system. If you encounter any suspicious activity related to bursary applications, report it via:
- Hotline: 0800 303 336
- Email: idc@tip-offs.com
- SMS: 39640
Take Action: Your Path to Higher Education
The IDC External Bursary Scheme represents more than just financial assistance—it’s an investment in South Africa’s future and your personal development. With comprehensive coverage of tuition, accommodation, and living expenses, this program removes the financial barriers that prevent many talented students from accessing higher education.
Start preparing your application now by gathering the required documentation and ensuring you meet all eligibility criteria. Visit the IDC website at www.idc.co.za, navigate to “About IDC,” then select “Bursaries” to access the online application portal.
Remember, applications open on June 1, 2025, and close on September 30, 2025. Don’t let this opportunity pass you by—your future career and contribution to South Africa’s development could depend on the action you take today.
