Industrial Development Corporation Bursary 2022 for South Africans | How to apply for Industrial Development Corporation bursaries program online, application form pdf download, requirements, eligibility, and Industrial Development Corporation bursary application closing date 2022/2023.
Are you a student looking for Companies that offered Bursaries in South Africa 2022? The Industrial Development Corporation invites an application from suitably and qualifies students for their bursary program 2022/2023.
Every day, Students are pondering the net about:
- How to Apply for Bursary 2022
- Companies offering Bursaries in South Africa
- Who Qualifies for a Bursary in South Africa
- How Do I Get Bursary?
- How Does Bursary Work?
Let’s dive into the full information about Industrial Development Corporation bursaries and application details in 2022.
Overview of Industrial Development Corporation Bursary Program
If you are successfully enrolled with a University you can apply for a bursary.
A bursary is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university, or college when they might not be able to, otherwise. Some awards are aimed at encouraging specific groups or individuals into the study.
The Industrial Development Corporation (IDC) was established in 1940 and is a national development finance institution fully owned by the South African government under the supervision of the Economic Development Department. The institution was founded to promote economic growth and industrial development in South Africa as well as the rest of the African continent. This is done through special schemes such as Gro-E Youth, Manufacturing Competitiveness, Youth Development, Agro Processing, SMEs and MIDCAP companies, Clothing and Textiles, Leather and Footwear, Technology Venture Capital Fund, Green Tourism Incentive Programme and Pro-Forestry Scheme.
IDC covers strategic business units including Agriculture, Automotive, Metal and Mining, Chemicals and Pharmaceuticals, Clothing and Textiles, Manufacturing, Infrastructure, Tourism, Machinery and Media.
Industrial Development Corporation Bursary Application Details 2022/2023
- South African citizens who qualify for admission to a University or University of Technology and FET college or Full time University or University of Technology students who have already successfully completed one or more years and passed all courses for which they are enrolled
- Not a recipient of any other funding sources
- Minimum B aggregate symbol for grade 12 Maths and Science.
- Minimum C aggregate symbol average for applicants already at university
Applicants from rural areas will be given preference. University or University of Technology students who have already successfully completed one or more years will be assessed based on their Grade 12 and the latest academic results. No bursaries are awarded for applicants studying at a college or private university.
How to Apply and Application Details
The bursary applications must need to be done online at: https://protected.idc.co.za/BursaryPortal/
You will be required to register an account before you can log in and apply.
- Submit a clear and certified copy of the following documents to accompany your application:
- Grade 11 results, this year’s Grade 12 June results, NSC/Matric results, latest academic results for tertiary students and applicants not studying this year
- Provisional admission letter to the institution you applied to
- ID document
- Household proof of income (payslips or audited financial statements)
- Death certificate or a sworn affidavit if parent(s) / guardian / spouse is deceased
- Divorce certificate if parents are divorced
- A sworn statement from one of the parent if they are separated
If you have not received any response within 30 days after the application closing date, please consider your application unsuccessful.
Contact Details
Ms Nolonwabo Nguqu
Tel: 011 269 3946
Email: nolonwabon@idc.co.za
Make sure to read every detail of your Bursary contract. Not every company offers the same rewards and some companies will ask you to work for them as long as you have held the bursary.
However, if you have queries regarding the Industrial Development Corporation bursary application 2022, Please kindly DROP A COMMENT below and we will respond to it as soon as possible.
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