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Students Endowment Fund

About Program:

The Institute has established the Students’ Endowment Fund since 2008 to support bright and financially deserving students who want to pursue Chartered Accountancy education.

Starting session 1 (S-01) of 2020, students will be supported against ICAP dues & exam fees instead of RAETs tuition fee w.e.f. October 2020 where awarded/credited amount would be adjusted against examination fee in the subsequent session after approval of the awardees list by ICAP examination department.

Eligibility Criteria:

ICAP encourages all the deserving and talented students meeting the below criteria to apply:

AFC 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:

  • AFC passed in 1st attempt

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.

How to Apply:

Students meeting the aforementioned criteria may apply for the scholarship by October 25, 2020 by clicking the below link:
https://student.icap.org.pk/endowment-fund-form/
For queries email at endowmentfund@icap.org.pk or call at 111-000-422.

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