Financial Aid

We seek to make ALU’s world-class educational experience accessible to all students who receive admission and offer innovative financial assistance options to ensure that finances are not a barrier for high potential students to attend ALU.

When you apply for financial assistance you will provide us with information that will help us to determine how much you are able to contribute to your education and how much support you will need from us. Each family will be assessed based on their individual, demonstrated need.

The ALU admissions process is need-blind which means that your financial situation does not affect our admissions decisions.

Depending on your campus preference, you have access to the following financial aids. If you have further questions, please reach out to the Admissions team at 

Mauritius Campus

Merit-based Scholarship

For our Mauritius campus, we offer Merit Grants of up to $2,000 per academic year to students demonstrating exceptional academic standing and leadership potential.

Rwanda Campus

ALU Scholarship for Young Conservation Leaders

As we continue to inspire and develop the next generation of African leaders, ALU offers 25 full scholarships for students with a passion for conservation to attend ALU Rwanda. The application for the ALU Scholarship for Young Conservation Leaders is made available to admitted students.

Income Share Agreement (ISA)

One of the available forms of financial assistance for ALU Rwanda is an Income Share Agreement (ISA), an innovative tuition financing model that will make tertiary education accessible to thousands of students across Africa. The African Leadership Finance Company (ALFC) awards ISAs to allow a student to attend ALU and in exchange the student pays a percentage of their earned income for a set period of time after graduation. 

Further Information

Once admitted to ALU, you will have the opportunity to apply for financial assistance. Detailed instructions will be available on the Admitted Students Portal. The Income Share Agreement (ISA) is one of the financial assistance options for admitted students at ALU. You can visit the African Leadership Finance Company’s website to learn more about the ISA. If you have any questions, send us a request to

To apply you will require the following:

  • Confirm which campus you want to attend (ISAs are only offered at ALU Rwanda)
  • Complete your ISA Course and start your ISA Application
  • The following supported documents are required to fill in the ISA Application;
    • Applicant’s ID (Passport/National ID)
    • Parent(s)/Guardian(s) ID (Passport/National ID)
    • Three Reference Letters (from your parent/guardian, educator, local community leader)

The ALFC Team will review the above information, determine your demonstrated need and will then notify you of your ISA offer.

No appeals policy

ALFC has a ‘no-appeals’ policy. Students can only request for financial reconsideration if they can demonstrate that their financial circumstances have changed substantially.