When you fall under the missing middle label, it means that you're considered too rich to qualify for funding from the National Student Financial Aid Scheme (NSFAS) but too poor to afford to pay for your fees yourself. This is where ISFAP can help.
ISFAP provides bursaries to missing middle students. Does this include the registration fee?
The answer to this question is yes, excluding the year of intakes’ registration meaning that the first year registration is excluded. ISFAP makes offers based on confirmed registrations, which means the students would have already paid registration fees.
ISFAP funds students from the date of the offer and does not reimburse first-year registration fees.
ISFAP bursaries cover the following:
- Tuition fees
- Accommodation
- Food
- Learning materials (calculator, textbooks, learning material)
- Living allowance/pocket money
- Non-academic student support (project manager; tutorial support; life support; admin support; life skills training; staff mentors).
ISFAP is a support and funding model for financially needy students who fall under the "poor" and "missing middle" category of students.
A missing middle student's household income will fall between R350 000 and R600 000.
The qualifying criteria are as follows:
- A household means test is done for all applying student
- Academic criteria and registration, which vary per institution but will include:
- A National Benchmarking Test for some institutions (academic and behavioural strength)
- Matric results
- Funder constraints (that meet individual funder objectives) will be applied to students applying
ISFAP was created in 2016 to assist students that require funding to be successful in a tertiary institution and that are too rich to be funded by NSFAS
Visit the ISFAP website for more information on the Ikusasa Student Financial Aid Programme.
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