Funding & Finance

ISFAP Invests Over R220 Million in Comprehensive Student Support Since 2017

The Ikusasa Student Financial Aid Programme Foundation NPC (ISFAP) has proudly invested over R220 million since 2017 to provide crucial wrap-around support to students receiving bursaries from the organisation. This substantial investment reflects ISFAP’s unwavering dedication to ensuring that students are equipped with the tools they need to succeed academically and personally as they work

ISFAP Invests Over R220 Million in Comprehensive Student Support Since 2017

ISFAP Invests Over R220 Million in Comprehensive Student Support Since 2017

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The Ikusasa Student Financial Aid Programme Foundation NPC (ISFAP) has proudly invested over R220 million since 2017 to provide crucial wrap-around support to students receiving bursaries from the organisation. This substantial investment reflects ISFAP’s unwavering dedication to ensuring that students are equipped with the tools they need to succeed academically and personally as they work toward their qualifications.

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“ISFAP is committed to supporting deserving students in obtaining tertiary qualifications that meet the demands of our economy,” stated Werner Abrahams, CEO of ISFAP.

“Our mission goes beyond financial aid. We walk alongside our students throughout their educational journey, offering mental health support, life skills training, and other resources to ensure they have everything they need to thrive,” Abrahams added.

ISFAP’s approach acknowledges that academic success is not solely defined by financial assistance. By providing a comprehensive support system, the organisation empowers students to overcome challenges and achieve their educational aspirations. Its emphasis on psycho-social support underscores ISFAP’s belief that every student deserves the opportunity to excel, regardless of their background.

Yandiswa Ghaleni, a postgraduate student at the University of the Western Cape and an ISFAP beneficiary, shared her experience:

“The bursary doesn’t just provide financial support; it also focuses on me as an individual. I have access to a Program Manager who calls to check on me. I’m deeply grateful for this opportunity to focus on my studies without additional worries and for the ISFAP team’s support, including tutors for challenging modules, mentors, and regular check-ins.”

The foundation’s wrap-around support system includes a range of offerings:

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  • Full Tuition Fees Coverage: Eliminating financial barriers to higher education.
  • Accommodation and Meal Allowances: Ensuring students have safe housing and proper nutrition to support their studies.
  • Laptops for First-Year Students: Providing essential technology to aid academic success.
  • Psycho-Social Support and Counselling: Offering resources to maintain emotional and mental well-being.
  • Life Skills and Financial Literacy Training: Equipping students with vital skills for life beyond university.

As ISFAP continues to grow and evolve, it remains steadfast in its mission to create a brighter future for students across South Africa. By shaping the next generation of leaders and professionals, the foundation is making a significant contribution to the country’s economic development and the empowerment of its youth.

Main Image: Ikusasa Student Financial Aid Programme Foundation NPC (ISFAP)

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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