Students Endowment Fund

About Program:

The Institute established the Students’ Endowment Fund in 2008 to support academically bright and financially deserving students who want to pursue the Chartered Accountancy profession. In 2021, ICAP council under its diversity and inclusion policy has decided to welcome and encourage the transgender persons to join the fraternity by creating a special category of financial support for them under the ICAP Endowment Fund scheme. The support is provided against ICAP dues/examination fee twice a year.

All the students who are in need as well as demonstrate good academic performance are encouraged to apply subject to below criteria as per their relevant category:

Eligibility Criteria:

PRC Level

  • Minimum A grade (80%) in HSSC or equivalent qualification; or
  • Minimum 65% marks in graduation; or
  • Minimum two B’s in A Level

CAF Level

For 1st attempt of CAF level:

  • Overall a maximum of one failure in PRC level shall be acceptable.

After 1st attempt of CAF level:

  • All papers passed in 1st attempt or overall a maximum of one failure in CAF level shall be acceptable.

CFAP/MSA Level (During Training Only)

For 1st attempt of CFAP level:

  • Overall a maximum of two failures in CAF level shall be acceptable

After 1st attempt of CFAP level:

• All papers passed in 1st attempt or overall a maximum of one failure in CFAP/MSA level shall be acceptable

PRC Level

  • ICAP standard eligibility criteria

CAF Level

  • PRC level passed students who are appearing in the CAF level examinations

CFAP/MSA Level (During Training Only)

  • CAF level passed students who are appearing in the CFAP/MSA level examinations

How to Apply:

Students meeting the aforementioned criteria may apply for the scholarship by Monday, 25th March 2024.

Apply Online

Instructions:

For queries email at endowmentfund@icap.org.pk or call 042-111-000-422.

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