Sifanele Biyela, Regional Project Manager at Ikusasa Student Financial Aid Programme (ISFAP), sat down with Careers Portal to talk about the bursaries they offer, what the missing middle is and why funding is crucial in South Africa.
Biyela said that applications for the ISFAP bursary will open in July for 2022 funding.
ISFAP is a foundation that offers academic and psycho-social support to undergraduate students at their partnered universities.
RELATED: Who are ISFAP? And what do they do?
What are the requirements for ISFAP?
To qualify for funding through ISFAP, they are looking for students who have household incomes which range from R0 to R600 000 per year. This would mean that they cover missing middle students.
Applications for 2022 will open in July. You will need to apply online. You will need to create a profile where you will need to add your parent/guardian IDs, proof of incomes and consent forms.
ISFAP then goes through the completed applications and respond to students applications with 'Pending' or 'Incomplete'.
They then go through their internal processes such as testing and following that, they will release offers.
What does the ISFAP bursary cover?
Students will receive a contract once they've been approved and this contract will have details about what will be covered and when funding will begin.
The ISFAP bursary benefits are that your tuition is covered as well as accommodation, meals, transport and also psycho-social support. Students will also receive laptops and cash allowances.
ISFAP does not pay registration fees because by the time you've received a offer, you would have already registered.
Students are offered counselling, psycho-social support, world of work preparation and they have programme managers at all the Universities they're partnered with who will assist students.
Unfortunately, they do not cover TVET and postgrad qualifications and they only fund undergraduate qualifications. ISFAP only funds students from first year and will unfortunately not fund a second qualification.
Where to find ISFAP