The Ikusasa Student Financial Aid Programme (ISFAP) has revealed that applications for the 2024 academic year will open before the end of May 2023. To qualify for the ISFAP bursary, a student must be studying an approved course and not exceed the programme's household income threshold.
ISFAP 2024 bursary applications will open on Tuesday, 30 May 2023. Students can begin submitting their 2024 ISFAP bursary applications using the ISFAP apply online site from Tuesday, 30 May 2023, at noon.
ISFAP provides bursaries to students from poor and from “missing middle” households. The “missing middle” refers to students who cannot afford the costs of their tertiary education studies but exceed the household income threshold to qualify for the National Student Financial Aid Scheme (NSFAS) bursary.
To qualify for the ISFAP bursary, students must not exceed the household income threshold of R600,000. The student must also be enrolled in approved courses at one of ISFAP’s partner universities.
ISFAP seeks to secure the future of South African Youth by providing needs-based assistance to students from poor and working-class families.
An ISFAP bursary will cover a student's tuition fees and accommodation fees while also providing money for meals, learning materials and a living allowance.
Additionally, ISFAP will provide non-academic support services. This includes access to a project manager, tutorial support, life support, admin support, life skills training and staff mentors.
This support will enable students to acquire a broad set of knowledge, skills and character traits that will significantly improve their meaningful participation in the growth of the country
ISFAP has funded more than 2600 students, 1070 of which have graduated from their courses.