Most CA students study at a Registered Accounting Education Tutor (RAET), and many RAETs already give big discounts to bright students who cannot pay. ICAP's Students Financial Support builds on those discounts: once your RAET approves 75% or more off your tuition and recommends you, ICAP cuts its own fees to almost nothing.
You pay only Rs 2,000 of the registration fee now, with the rest deferred to CFAP and paid in three instalments with your exam fees, and Rs 1,000 per subject for PRC and CAF examination or exemption fees. To qualify you need at least 80% in HSSC, a family income under Rs 100,000 a month, and no other ICAP scholarship.
You do not apply to ICAP yourself. Your RAET submits the recommendation on ICAP's SFS portal; applications received by the end of a month are approved by the 10th of the next.