The Ikusasa Student Financial Aid Programme for South African students (ISFAP Bursary)

Ikusasa Student Financial Aid Programme for South African students

ISFAP was established as a funding model to sustainably cater for the higher education needs and costs of South Africa’s poor and middle-class students. The programme aims to fast track South Africa’s skills production for the 21st century by funding the higher education costs of mainly students studying towards a career in Occupations of High Demand (OHDs), which have been identified as critical to South Africa’s economic development by the Human Resources Development Council (HRDC). These include Actuaries, Accountants, Engineers, Medical Doctors, Pharmacists and Prosthetists.

Since growing South Africa’s skills base and supporting students from poor and middle-income families is critical to the growth and development of South Africa’s economy, both government and the private sector have come together under ISFAP to fund students and help address issues of sustainable employment and decent work in the country post-qualification. So, other than its aim to promote higher education, ISFAP also represents yet another positive public-private partnership aimed at driving National Development.

Also Apply: The City of Polokwane External Bursary Opportunity for Young South Africans: 2024 Academic Year

ISFAP aims to address the following challenges that face South African students:

  1. Reducing the high dropout rate of poor and working-class students in the higher education and training sector
  2. Improving the employability of funded graduates
  3. Improving the country’s skills profile, especially in occupations of high demand
  4. Improving the partnership between government, the private sector/business and higher education institutions in supporting poor and “missing middle” students.

Student support that ISFAP offers:

  • Full university Fees, paid in full
  • Accommodation
  • Books
  • Meals Stipend
  • Cash allowance
  • Academic (tutorials; academic development & extended programmes)
  • Social support
  • Life skills training
  • Mentoring (first year experience)
  • Medical support (psycho-social support)
  • Access to dedicated programme managers
  • Use of an online student platform  to track individual academic progress

Also Apply: This bursary is perfect for Young South Africans interested in STEM (Science, Technology, Engineering, Math): Apply for the PPS Foundation bursary

 

Who qualifies for an ISFAP bursary?

Students that are eligible for ISFAP funding are:

  • Applicants from families whose annual income is between R0 – R600 000.00 per annum.
  • Applicants must be a South African citizen.

DEADLINE: 05 January, 2024

Apply here

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