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SFS Program Application FAQs

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0% found this document useful (0 votes)
11 views3 pages

SFS Program Application FAQs

Veru Good File

Uploaded by

Talha Khattak
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

FAQs – Students Financial Support (SFS) Program

Q. 1. I have just passed my HSSC/equivalent examinations. Am I eligible to apply?

A. Yes, you can apply at your respective RAET if you meet the eligibility criteria.

Q. 2. I am an A-Level student with good grades, can I apply?

A. Yes, students passed A-Level may apply for this scholarship.

Q. 3. When can I apply for Students Financial Support (SFS) Program?

A. The timing of application is dependent upon the RAET in which you are interested to
study.

Q. 4. How do I apply for Students Financial Support (SFS) Program?

A. If you meet the eligibility criteria, you need to apply to a RAET for award of the required
tuition fee waiver and recommendation to ICAP for SFS program.

Q. 5. What documents I need to submit to RAETs while applying online?

A. It depends upon the policy of RAET. However, it is expected that RAET would require
prescribed application form, CNIC/B-Form, evidence of marks and evidence for
demonstration of financial need.

Q. 6. Do I need to apply again to ICAP once RAET has issued my recommendation to ICAP?

A. No, only the recommendation by the RAET is required by ICAP.

Q. 7. How the students are shortlisted for selection?

A. Selection is based on the merit and need evaluation by the respective RAET.

Q. 8. How would I know that I am selected?

A. RAETs will communicate to their students for award of SFS.


Q. 9. As an SFS student, what types of support would be available to me.

A. Under this program following benefits are available to you as per the recommended
discount bracket by your respective RAET.

1. Students availing 50-90% discounts on tuition fee and other charges by RAET
1.1 Enrolment Fee: Rs. 2,500 (Remaining fee will be deferred and payable in three
instalments during CFAP stage)
1.2 Registration Fee: Rs. 2,000 (Remaining fee will be deferred and payable in
three instalments during CFAP stage)
1.3 PRC & CAF Examination/Exemption fee, once for each subject: Rs. 1,000.

2. Students availing more than 90% discounts on tuition fee and other charges by RAET
2.1 Enrolment Fee: Rs. 1,500 (Remaining fee will be deferred and payable in three
instalments during CFAP stage)
2.2 Registration Fee: Rs. 1,000 (Remaining fee will be deferred and payable in
three instalments during CFAP stage)
2.3 PRC & CAF Examination/Exemption fee, once for each subject: Rs. 500.

Q. 10. When would I be required to pay back the deferred fees?

A. Deferred enrolment & registration fees shall be payable in three equal installments along
with examination fee at each sitting of the CFAP exam, starting from the first-time
appearance at the CFAP exam.

Q.11. Can I apply for SFS prior to enrolment for CA?

A. Yes, you need to apply for SFS prior to your enrolment and avail the benefit of deferred
enrolment fee.

Q.12. I am a student of PRC, may I apply for SFS?


A. Yes, you may apply for SFS, however, you can avail the benefit of deferred registration
fee and concessional examination fee that are yet to be paid to ICAP and no retrospective
reimbursement is made.

Q. 13. I am a student of CAF level, may I apply for SFS.

A. Yes, you can apply for SFS, however, you can avail only concession on examination fee
that are yet to be paid to ICAP and no retrospective reimbursement is made.

Q. 14. I am a student of CFAP level, may I apply for SFS.

A. No, only the students of PRC & CAF are eligible to apply.
Q. 15. I am availing another ICAP scholarship, may I apply for SFS.

A. No, a student can avail only one scholarship at a time.

Q. 16. How can I get further information?

A. You should contact to your respective RAET.

Common questions

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The timing to apply for the SFS Program depends on the RAET in which the student is interested in studying. Applications should be submitted prior to enrolment to benefit from deferred fees.

Deferred enrolment and registration fees must be paid in three equal instalments during each sitting of the CFAP exam, starting from the student's first appearance at the exam.

Once a student receives a recommendation from RAET, no further application to ICAP is needed. Only the RAET's recommendation is required, after which RAET will communicate the award of SFS to the student.

To be eligible for the SFS Program, a student must have completed their HSSC or equivalent examination and apply through their respective RAET, meeting specific criteria set by the RAET. Additionally, A-Level students with good grades are eligible to apply.

As a student of the PRC, the SFS Program allows you to avail deferred registration fees and concessional examination fees that are payable to ICAP. However, past expenses are not reimbursed.

Students availing more than 90% discounts receive several benefits: Enrolment Fee is Rs. 1,500 (deferred in three instalments at CFAP stage), Registration Fee is Rs. 1,000 (similarly deferred), and PRC & CAF Examination/Exemption fee per subject is Rs. 500.

Documents generally required include a prescribed application form, CNIC/B-Form, evidence of marks, and documentation demonstrating financial need, though specific requirements depend on RAET policy.

Students are shortlisted for the SFS Program based on a combination of merit and financial need, as evaluated by the respective RAET.

No, only students at the PRC and CAF levels are eligible to apply for the SFS Program. CFAP level students cannot apply.

No, a student cannot apply for the SFS Program if they are already receiving another ICAP scholarship, as a student can only avail one scholarship at a time.

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