Corporate and BUMN Scholarships Available to Indonesian University Students
By Muntasir Minhaz • Published Aug 07, 2026 • Scholarships & Funding, Study in Southeast Asia
Djarum, Bank Indonesia and Pertamina run some of the biggest company-funded scholarships for Indonesian S1/D4 students, on top of government aid like KIP Kuliah and LPDP.
💵 Djarum Beasiswa Plus: Rp 1,000,000 a month for one year, plus leadership training
🎓 Bank Indonesia (GenBI): Rp 1,000,000 to Rp 1,500,000 a month, no service bond
🏠 Pertamina Sobat Bumi: tuition aid up to Rp 4,000,000 a semester plus Rp 750,000 monthly stipend
⏱️ Most open once a year for students from semester 2 to semester 6, GPA 3.00 minimum
Why look beyond government scholarships
KIP Kuliah and LPDP cover a large share of Indonesian students, but company and state-owned enterprise (BUMN) scholarships fill gaps these programs miss. Corporate scholarships often accept students already receiving partial tuition aid, and most do not require you to work for the sponsor afterward.
You apply directly through each company's own portal, not through a single government platform.
These programs also add leadership training, mentoring and networking on top of the money, which government scholarships rarely include at the undergraduate level.
Djarum Beasiswa Plus
The Djarum Foundation runs Beasiswa Plus for S1 and D4 students, one of the longest-running corporate scholarships in Indonesia. For the 2025/2026 cycle, registration ran through the official portal until 11 July 2025, and the program paid Rp 1,000,000 a month for one year to selected Beswan Djarum .
You must be in semester 4 of an S1 or D4 program, any major
Minimum GPA of 3.00 in semester 3, maintained through semester 4
Active in campus or outside organizations
Not receiving another scholarship at the same time
Beyond the monthly stipend, Beswan Djarum join a soft skills curriculum covering character building, leadership, nation building and international exposure trips, run alongside academic study rather than instead of it, according to the Djarum Beasiswa Plus program.
Bank Indonesia scholarship (GenBI)
Bank Indonesia funds two tiers of undergraduate scholarship through its Program Sosial Bank Indonesia. Beasiswa Unggulan, offered at partner PTN campuses BI works with directly, pays Rp 1,500,000 a month. Beasiswa Reguler, open at a wider set of partner PTN and PTS campuses, pays Rp 1,000,000 a month, according to ITB's student affairs office .
You need to be an active D3, D4 or S1 student
At least 40 completed credits, or entering semester 3
No ikatan dinas (service bond) after graduation, so you choose your own career path
Recipients join GenBI (Generasi Baru Indonesia), the alumni community that runs community service projects and career events tied to Bank Indonesia's regional offices.
Pertamina Sobat Bumi
Pertamina Foundation's Sobat Bumi scholarship targets D3, D4 and S1 students with an interest in sustainability and environmental work, alongside academic performance. Applications for the 2025 cycle opened through pertaminafoundation.org .
Semester 2 to semester 6, GPA 3.00 minimum
Tuition support: Rp 4,000,000 a semester on Java, Rp 3,000,000 outside Java (excluding Papua), Rp 2,000,000 in Papua
Monthly living stipend around Rp 750,000
Active in social or environmental organizations
Cannot hold another scholarship for the same period
How to apply without wasting a cycle
Each scholarship runs its own timeline and portal, so track deadlines separately rather than assuming they align with SNBP, SNBT or LPDP dates.
Prepare a standard document set early: transcript, student ID, organizational activity certificates and a scholarship-free statement letter from your campus, since most corporate scholarships ask for the same core documents. Apply to more than one where eligibility allows, since GPA cutoffs and semester windows differ enough that you often qualify for two or three at once.