In line with the mission to promote equitable access to CA profession, The Institute of Chartered Accountants of Pakistan (ICAP) has partnered with Ihsan Trust (IT) to introduce an Interest-Free Loan Facility for CA students. An MoU has been signed on July 2, 2025, marking the formal launch of this initiative.

This facility is aimed at academically talented yet financially deserving students, empowering them to pursue their Chartered Accountancy qualification without financial hindrance. The initiative reflects ICAP’s commitment to removing economic barriers and ensuring that merit and dedication are the defining factors in achieving success in the profession.

Eligibility Criteria

Students may apply for the Interest-Free Loan if they meet the following conditions:

1. Are enrolled with ICAP and pursuing the CA qualification at any level.
2. Are financially deserving, as assessed and approved by Ihsan Trust.
3. Are not availing of any other scholarship or financial assistance from ICAP.

Extent of Support

Eligible students may receive loan up to 80% of the applicable ICAP dues, once per paper, subject to assessment and approval by Ihsan Trust.

How to Apply

Eligible students may apply by submitting the duly completed online application form along with all required supporting documents.

Apply at: https://portal.ihsantrust.org/sign-up

Note: Incomplete Applications or Applications without supporting documents shall not be considered and may be rejected without notification.

Application Processing

Please refer to the schedule below for application processing.

Application Submission Period	Processing Period	Award of Loan
January – February	February – March	April
April – May	May – June	July
July – August	August – September	October
October – November	November – December	December

Successful applicants will initially receive funding for one attempt, with continued support subject to satisfactory academic performance.

Repayment Terms

Loan repayment will begin from the month following disbursement, based on easy monthly installments mutually agreed upon between the student and Ihsan Trust.

Important Notes

• The approved amount will be automatically adjusted at the time of submitting the relevant form(s) by the student. No retrospective fee adjustment will be allowed.
• Support is available once for each subject; repeat attempts will not be facilitated.
• Students are encouraged to plan their coursework on a six-monthly basis to manage funding and academic progress effectively.

For Queries

For further information or assistance, please contact:
Email: IFL@icap.org.pk
Phone: 042-111-000-422 (Ext: 156)