ISFAP Bursary South Africa 2023 – 2024

ABOUT THE COMPANY – ISFAP

The Ikusasa Student Financial Aid Programme (ISFAP) was formed with the aim of financially assisting poor and middle-income university students to afford their tertiary fees.

Contributions are received from donors within the private and public sector – Woolworths, Liberty, Coronation, Discovery, Hollard, Sanlam, Sasol, Sappi, Mondi, Nedbank, Standard Bank, and Volkswagen to name a few.

ABOUT THE ISFAP BURSARY PROGRAMME – FIELDS COVERED

ISFAP is inviting students from the “missing middle”, to apply for bursary funding for the 2023 academic year. Bursaries will be awarded for undergraduate studies in “Occupations of High Demand” – specifically for studies within the following fields, at the following institutions:

University of Johannesburg:

Accounting CA-stream (Bachelor)
Urban and Regional Planning (Bachelor)
Chemical Engineering (BEng Tech)
Computer Science and Informatics (BSc)
Construction Management (BSc)
Economics and Econometrics (BCom)
Electrical | Electronic Engineering (BEng)
Electrical Engineering (BEng Tech)
Extraction Metallurgy (BEng Tech)
Finance (BCom)
Human Resources Management (Bachelor)
Industrial Engineering (BEng Tech)
Logistics Management (BCom)
Mathematical Sciences (BSc)
Mechanical Engineering (BEng)
Mechanical Engineering (BEng Tech)
Mine Surveying (Bachelor)
Mining Engineering (BEng Tech)
Physical Metallurgy (BEng Tech)
Retail Business Management (Advanced Diploma)
Retailing (National Diploma)

University of Pretoria:

Accounting Sciences (BCom)
Actuarial and Financial Mathematics (BSc)
Business Management (BCom)
Chemical Engineering (BEng)
Civil Engineering (BEng)
Computer Engineering (BEng)
Computer Science (BSc)
Econometrics (BCom)
Economics and Management Science (BCom)
Electrical Engineering (BEng)
Electronic Engineering (BEng)
Financial Sciences (BCom)
Food Science (BSc)
Industrial Engineering (BEng)
Information and Knowledge Systems (BSc)
Information Science (BCom)
Information Systems (BIT)
Mathematical Statistics (BSc)
MBChB
Mechanical Engineering (BEng)
Metallurgical Engineering (BEng)
Mining Engineering (BEng)
Nursing (B Nur)
Quantity Surveying (BSc)
Statistics and Data Science (BCom)
Supply Chain Management (BCom)
Town and Regional Planning (Bachelor)
Town and Regional Planning (B Town)

University of the Witwatersrand:

Accounting (BCom)
Accounting Science (Bachelor)
Actuarial Science (BSc)
Aeronautical Engineering (BSc Eng)
Bachelor of Commerce (BCom)
Bachelor of Science (BSc)
Chemical Engineering (BSc Eng)
Civil Engineering (BSc Eng)
Computer Science (BSc)
Construction Studies (BSc)
Economic Science (Bachelor)
Electrical Engineering (BSc Eng)
Electrical and Information Engineering (BSc)
Industrial Engineering (BSc Eng)
Information Systems (BCom)
Mathematical Sciences (BSc)
Mathematics of Finance (BSc)
Mechanical Engineering (BSc Eng)
Medicine (MBBCh)
Metallurgy | Material Engineering (BSc Eng)
Mining Engineering (BSc)
Nursing (Bachelor)
Pharmacy (Bachelor BPharm)
Physiotherapy (BSc)

University of Cape Town:

Actuarial Science (BBusSci)
Bachelor of Commerce (BCom)
Chemical Engineering (BSc)
Civil Engineering (BSc Eng)
Computer Engineering (BSc)
Computer Science (BSc)
Construction Studies (BSc)
Electrical and Computer Engineering (BSc Eng)
Electrical Engineering (BSc Eng)
Financial Accounting: Chartered Accountant (BCom)
Information Systems and Finance (BCom)
Mechanical | Mechatronic Engineering (BSc Eng)
Mechanical Engineering (BSc Eng)
Mechatronics (BSc Eng)
Medicine and Surgery (MBBCh)
Occupational Therapy
Physiotherapy (BSc)
Property Studies (BSc)

MORE ABOUT THE ISFAP BURSARY PROGRAMME – EXPENSES COVERED | SELECTION

The bursary will provide full cover for the following expenses: tuition fees, textbooks, study materials, calculator, accommodation, meals and a living allowance.

Bursary recipients will also receive the following non-academic student support: life skills training, tutorial support, life support, social support, admin support, project manager, staff mentors and medical support when required.

The total value of the bursary award will vary depending on the institution, with the average full cost of study being R166 668.00 per student.

Bursary recipients are selected based on the following:

A household means test is conducted for all students applying
Academic achievement and acceptance into one of the approved institutions, toward an approved qualification
National Benchmarking Test (NBT) for some institutions (academic and behavioral strength)
Matric results
Funder constraints (that meet individual funder objectives)

ISFAP Application Process

The application process for financial funding from ISFAP entails:

Apply and get accepted at your University of choice.
Assess if you qualify based on the University you have been accepted at and then check against Universities we have partnered with.
Assess if you qualify based on ISFAP-funded degrees/programs at University we have partnered with.
Check your e-mails regularly once you have started your application process for further engagement and application status update.
Applications for the academic year 2023 will be opening on the 18th of May. Please proceed to Apply here

ELIGIBILITY REQUIREMENTS FOR THE ISFAP BURSARY

Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):

You must be a South African citizen
You must be currently in Matric or have completed Matric
You must have been accepted to study towards an undergraduate qualification, in one of the fields listed above, for the 2023 academic year
You must be registered to study at one of the following public tertiary institutions for the 2023 academic year: the University of Johannesburg, University of Pretoria, University of the Witwatersrand, University of Cape Town, Stellenbosch University, University of KwaZulu-Natal, Nelson Mandela University, Walter Sisulu University, University of Venda, Tshwane University of Technology or Central University of Technology
You must be starting your first degree in the 2023 academic year
You must have a family household income NOT more than R600 000 per annum
You must be in financial need and require funding for your studies
You must NOT be in receipt of any other study funding (including NSFAS)

HOW TO APPLY FOR THE ISFAP BURSARY

Applications must be submitted online at ISFAP Bursary Application 2023

Applicants will be required to Register an account before they can Login and apply.

Submit clear copies of the following supporting documentation along with your completed application form (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):

ID document (certified copy)
Grade 11 final results and Matric’s latest results, if currently in Matric (certified copy)
Matric final results/ certificate, if completed Matric (certified copy)
Proof of household proof of income (latest payslips if employed, affidavit if unemployed, proof of any grants or pension if applicable) (certified copy)
ISFAP Funding Application Consent Form (.pdf) – completed by the applicant and household contributors (certified copy)

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.

NOTES ABOUT THE ISFAP BURSARY

ISFAP does not replace NSFAS – ISFAP caters to students who do not qualify for NSFAS as they are within the “Missing Middle” (they have a family household income of between R350 000 and R600 000 per annum).
ISFAP receives funding from various platforms, including non-profit organizations, government institutions, development finance institutions, foundations and the private sector, local and international donors, and private individuals.
At the moment, ISFAP is only partnered with the above public institutions, however, they will partner with all 26 Public Universities in South Africa, in due course.
ISFAP awards funding for studies towards occupations in high demand/ fields deemed scarce skills, that have been identified as critical to South Africa’s economic development.

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CLOSING DATE FOR THE ISFAP BURSARY

Applications for the academic year 2023 will be opening on the 18th of May. Please proceed to Apply here

(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)

CONTACT THE BURSARY PROVIDER

For any queries related to this bursary program, please contact ISFAP directly:
Tel: 010 880 0400
Email: students@isfap.org.za
Please be sure to read the ISFAP Frequently Asked Questions before making any queries.

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NSFAS National Student Financial Aid Schemes

NSFAS: What is NSFAS?

NSFAS, or National Student Financial Aid Scheme, was established according to the National Student Financial Aid Scheme Act of 1999 and incorporated the Tertiary Education Fund of South Africa (TEFSA), which stopped operating in 2000.