Ikusasa Student Financial Aid Programme (ISFAP) Bursary

ISFAP Bursary 2023 – Are you looking for ISFAP Bursary online application 2023? In this article, I will provide you with details on the ISFAP Bursary, how to submit your application online and other related information.

Application is currently open for ISFAP Bursary 2023. Ikusasa Student Financial Aid Programme invites qualifying South African students to apply for its Bursary Programme for 2023 academic year.

  • Closing Date: 31 October 2022

ISFAP Bursary 2023

South32 Ikusasa Student Financial Aid Programme (ISFAP) invites qualifying students to apply for Bursary Programme 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:

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 Managemnt 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:

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)

Stellenbosch University:

  • Actuarial Science (BCom)
  • BAcc
  • Bachelor of Commerce (BCom)
  • Chemical Engineering (BEng)
  • Civil Engineering (BEng)
  • Economic Sciences (BCom)
  • Electrical and Electronic Engineering (BEng)
  • Financial Accounting (BCom)
  • Food Science (BSc)
  • Industrial Engineering (BEng)
  • Management Accounting (BCom)
  • Management Science (with focus on Entrepreneurship and Innovation Management) (BCom)
  • Management Sciences (with focus on Logistics Management) (BCom)
  • Management Sciences (with focus on Marketing Management) (BCom)
  • Management Sciences (with focus on Quantitative Management) (BCom)
  • Management Sciences (BCom)
  • Mathematical Sciences (with focus on Operations Research) (BCom)
  • Mathematical Sciences (BCom)
  • Mechanical Engineering (BEng)
  • Mechatronic Engineering (BEng)
  • Medicine and Surgery (MBBCh)

University of KwaZulu-Natal:

  • Medicine and Surgery (MBBCh)
  • Nursing Science (B Nur)
  • Occupational Therapy (Bachelor)
  • Pharmacy (Bachelor)
  • Physiotherapy (Bachelor)

Nelson Mandela University:

  • Accounting Science (Computer Science & Information Systems) (BCom)
  • Civil Engineering (BEng Tech)
  • Computer Science (BSc)
  • Construction Management (BSc)
  • Electrical Engineering (BEng Tech)
  • Industrial Engineering (BEng Tech)
  • Information Technology (Bachelor)
  • Marine Engineering (BEng Tech)
  • Mechanical Engineering (BEng Tech)
  • Mechatronics (BEng)
  • Quantity Surveying (BSc)

Walter Sisulu University:

University of Venda:

  • Accounting Sciences (BCom)
  • Cost and Management Accounting (BCom)
  • Economics (BCom)

Tshwane University of Technology:

  • Medical Orthotics and Prosthetics (Bachelor of Health Science)
  • Nursing Science (B Nur)

Central University of Technology:

  • Mechanical Engineering (BEng Tech)
  • Electrical Engineering (BEng Tech)

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:

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


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: 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 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 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)


  • ISFAP does not replace NSFAS – ISFAP caters for 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 organisations, government institutions, development finance institutions, foundations and 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.

ISFAP Bursary 2023 Closing Date

The closing date for the submission of applications for the ISFAP Bursary is 31 October 2022. Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.