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Corporate and BUMN Scholarships Available to Indonesian University Students

By Muntasir Minhaz • Published Aug 07, 2026 • Scholarships & Funding, Study in Southeast Asia

TL;DR

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

Corporate and BUMN Scholarships Available to Indonesian University Students

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.

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