ICAS Foundation Programme Application Form

Application Guidelines
Applications to join the ICAS Foundation are open to individuals planning to study (or currently studying) undergraduate accounting or finance related degrees at university, who also meet our eligibility criteria. We aim to support academically talented young people from family backgrounds with limited resources, who wish to attend university but may not have the means to do so without additional financial support.

Applicants to join the ICAS Foundation should be eligible for support from the Student Awards Agency for Scotland (SAAS), Student Finance England or Student Finance Wales.

The ICAS Foundation programme includes bursary funding and mentoring support: 

  • Bursaries are awarded to eligible students up to a maximum value of £2,500 per annum (at the discretion of the ICAS Foundation Trustees). This funding is intended to assist students with the costs of studying at university such as accommodation, study materials, travel and living costs. While the bursary awards can also be used to support your personal development with experience or qualifications, the bursary should not be used to support day to day living expenses of other family members. 
  • Mentoring support is provided by a qualified Chartered Accountant, who has volunteered to assist a student with impartial guidance and the benefit of their experience. This is a structured, one to-one relationship that focuses on the needs of the student and is designed to support and encourage them to develop their potential in line with their career aspirations. 

Eligibility


Applicants must plan to study an undergraduate accounting or finance degree and have a total household annual income under £34,000. This includes any employment income, self-employment income, pension income and return on investments. Applicants will be required to provide evidence that they meet the income criteria before the outcome of their application is confirmed.

Throughout the ICAS Foundation programme, students are required to:
  • Demonstrate their academic ability and remain on track to achieve first class honours or upper second-class honours at graduation. 
  • Stay in regular contact with the Foundation, complete progress reports and provide exam results. 
  • Actively participate in the ICAS Foundation mentoring programme.

Completing Your Application

Please submit your application using the form below. If you are unable to submit your application using the online form, please contact enquiries@icasfoundation.org.uk. 

Please complete all the questions, answering as fully as possible.


Selection and Confirmation of Award 

Applications will be reviewed by the ICAS Foundation Trustees and other advisors that they may consider appropriate. At this stage, Foundation programme applicants who have been put forward will be asked to provide more detailed information about their financial circumstances. Applicants who are eligible and approved in principle will be invited to attend a final stage informal interview, where their application will be discussed in more detail before funding is confirmed. The ICAS Foundation aims to inform applicants of the result of their application within 6 weeks of the closing date for applications, provided all relevant information is submitted. 


Terms and Conditions
  • Applications will only be accepted from eligible students intending to study an undergraduate course in Scotland or an approved partner university in England where one or more of accounting or finance are the dominant areas of study.
  • ICAS Foundation bursaries are generally paid in two instalments - October and February. 
  • Students on the ICAS Foundation programme are required to take part in the ICAS Foundation mentoring scheme. If the student leaves the mentoring scheme without the permission of the ICAS Foundation Trustees, then future bursary payments may cease. 
  • Students join the ICAS Foundation programme for the duration of their undergraduate course and receive bursary and mentoring support throughout that time. Students are required to meet the conditions of the programme, including maintaining a high academic standard – you will be required to forward copies of your exam results each semester, which must show you are on track for a 2:1 Honours degree classification as a minimum. 
Personal Details
You must use format DD/MM/YYYY to enter this date
Your home address is the address that will be used for correspondence about your application.
Please only state one town or city here
Please use a personal email address rather than a school / college email address if possible
You can choose ‘Prefer not to say’ as your answer, but an accurate response does help us gather statistical data.
Formal Education
Please include all achieved qualifications in this section, including National 5s / GCSEs, Highers / A-Levels and HNC / HND college qualifications.

You should also include any qualifications you are currently studying, including school or college courses, under Predicted Qualifications.
Qualifications Achieved
Please include any National 5 / GCSE / AS Level results as well as Highers / A Levels and HNC / HND results.
You must use format DD/MM/YYYY to enter this date
Predicted Qualifications
If you have these, please email a copy of your predicted exam results to enquiries@icasfoundation.org.uk as verification of your predicted grades. For applicants coming from college, please detail your HNC / HND qualifications and include your predicted grades (and include any HNC etc qualifications under Qualifications Achieved).
You must use format DD/MM/YYYY to enter this date
Qualifications Achieved
You must use format DD/MM/YYYY to enter this date
Predicted Qualifications
You must use format DD/MM/YYYY to enter this date
University Plans
If you are awaiting feedback from UCAS applications, please include details of all the university applications you have submitted.

Please ensure you tell us the specific title of the course that you have applied to study, as detailed on your UCAS application. (Course titles should include an accounting / finance topic area or have a course programme where at least 50% of modules are focused on accounting or finance.)

If you are a Direct Entrant to university from college, please also state your year of entry (i.e., 2nd yr entry / 3rd yr entry) alongside the degree title.
You must use format DD/MM/YYYY to enter this date
First Preference
Second Preference
Additional University Application
Referees
Please provide contact details for one referee who can inform us about your character and confirm that you are likely to complete your university course. This should be someone from your current or most recent education, such as school or college. If you are not currently in education, or it has been some time since you were in education, please provide a reference from your current employer or similar.

You should check with your referees before submitting this form that they are happy to be contacted directly by the ICAS Foundation to provide a reference for you.
Your home address is the address that will be used for correspondence about your application.
Additional Information
We encourage applications from students who have experience of care, have caring responsibilities, are estranged from their families or who have previously applied for asylum in the UK.

If you answer yes to any of the questions below, please provide further details in the relevant question of the 'About You' section.
The following questions are used to help us understand more about you and your background. They are standard questions recommended by the UK's Social Mobility Commission. 
Funding
Please answer all these questions as far as possible.

Generally, the ICAS Foundation will not accept applications from students in receipt of additional funding from a similar trust or scholarship provider. (This does not include SAAS bursary or loan support – we encourage students to apply for their SAAS bursary and any other available support as soon as it is possible for them to do so.)

Where you have applied for additional funding, please let us know as your application will still be considered by the ICAS Foundation pending confirmation of any other support.
About You
Please answer the questions below as fully as possible, as these are a key part of how we assess your application. Ideally, we are looking for you to include at least 200 words in your answer to each of the questions below.
Submitting Your Application
The ICAS Foundation is a Registered Scottish Charity SC034836.

By submitting your application, you confirm that, to the best of your knowledge, all information you have given is accurate and that you will inform the ICAS Foundation immediately of any change in your circumstances. You also agree to supply any additional information we require to process your ICAS Foundation application.

Before submitting your application to us, please ensure you have checked the ICAS Foundation Application Guidelines and completed all of the fields on the application form. Incomplete applications which have not completed all required fields will not be submitted. 

You can email any available supporting documents (such as your prelim results) to the ICAS Foundation at enquiries@icasfoundation.org.uk.

We will notify you of the outcome of your application within 6 weeks of the closing date.

The ICAS Foundation is fully committed to handling personal information in accordance with data protection legislation and best data protection practices. Our Privacy Policy explains our approach to the personal information we handle in carrying out our activities as a registered charity. You can find this on our website at: https://www.icasfoundation.org.uk/who-we-are/privacy-anddata-protection 

If you are unable to submit your application using this form, or have any difficulties in submitting your form, please inform the ICAS Foundation by emailing enquiries@icasfoundation.org.uk.