PREAMBLE

Space, the final frontier. These are the voyages of the Starship Enterprise. Its five-year mission: to explore strange new worlds.

The Institute has put in place a strategy which will make accountancy profession more attractive to the brightest youths from any academic discipline by introducing a scholarship scheme for outstanding students of Institutions whose Accounting/Accountancy programmes are accredited by ICAN.

TERMS AND CONDITIONS OF THE SCHOLARSHIP (Effective November 2021 Diet)

As approved by the Council of the Institute at its meeting of April 29, 2021, the terms and conditions of the Institute's scholarship scheme effective from the November 2021 diet, are now as follows:

1. 1. The scholarship shall cover examination fees and provision of study packs
2. 2. After the award of Scholarship, scholars are required to pass each level within two consecutive diets, otherwise the scholarship is forfeited.
3. 3. ICAN will pay for each level of the examination once. Scholars with references are to fund the paper(s) in which the reference was received.
4. 4. Removal of tuition fees (the Institute will no longer refund tuition fees).
5. 5. Scholars who do not pass any level within the approved two consecutive diets are to forfeit the scholarship. Complete failure of any level of the examination will lead to outright forfeiture of the scholarship.
6. 6. Students who had previously applied are not eligible to re-present their applications.
7. 7. Applicants are eligible to apply not more than two years after graduation, after senate approval.