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 admissions@alueducation.com 

Mauritius Campus

Merit-based Scholarship

This year, we are offering Merit Grants of up to $2,000 per academic year to students demonstrating exceptional academic standing and leadership potential and get a chance to earn a globally accredited UK degree through our innovative curriculum.

Rwanda Campus

Mandela Centennial Scholarship (MCS) Programme

African Leadership University (ALU) is proud to partner with the Graça Machel Trust and the Mandela Institute of Development Studies (MINDS) to give 100 full scholarships to 100 outstanding young Africans to celebrate the 100th birthday of one of the greatest African leaders of the last century – Nelson Rolihlahla Mandela, fondly known as Madiba. More info here.

Scholarship for Leaders in Conservation

As we continue to inspire and develop the next generation of African leaders, we are happy to announce 25 full scholarships for students with a passion for conservation. Learn more about eligibility requirements and benefits.

Income Share Agreement (ISA)

One of the available forms of financial assistance 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. 

Financial Aid Application Timelines

We have multiple financial assistance application deadlines to suit you.

Application deadline Notification of financial
assistance decision
Round 1 30 March 2018 Within 2 weeks of submission
Round 2 16 May 2018 Within 2 weeks of submission
Round 3  6 June 2018 Within 2 weeks of submission
Round 4  17 July 2018 Within 2 weeks of submission

Further Information for the ISA

Once admitted to ALU, you will have the opportunity to apply for financial assistance. Detailed instructions will be available on the Admitted Students Portal. If you have any questions in regards to your ISA application, send us a request at support.alfcisa.com

To apply you will require the following:

  • Confirm which campus you want to attend (financial aid options differ for each campus)
  • Visit the African Leadership Finance Company’s website to complete your ISA course and start your ISA application
  • The following supporting documents are required to fill in the ISA application form:
    • Applicant’s ID (Passport/ National ID)
    • Parent(s)/Guardian(s) ID (Passport/ National ID)
    • Parent(s)/Guardian(s) Salary (Last 3 months payslip)
    • Parent(s)/Guardian(s) Bank Statement (Last 3 months)
    • Parent(s)/Guardian(s) recent Tax Certificate
    • Applicant’s last two school receipts/invoices (mark in bank statement and attach if receipts/invoices are not available)
    • Proof of other sources of financial aid (Eg Bank Loan, Corporate or government scholarship etc)

The ALFC Team will review the above information, determine your demonstrated need and will then notify you of your ISA offer. We aim to notify you within 2 weeks of your application submission.


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.