Application for Reduced Subscription Fee

You may be eligible to apply for a reduction of subscription fees if you are facing financial hardship .

Application Requirements

Effective from the 2017 membership renewal, a reduction of 50 percent of the full membership fee will be granted to members who are eligible for a reduced fee. The Institute may also grant special waivers for members who are terminally ill on a discretionary basis.

Members who are facing financial hardship* due to the following reasons can apply for a reduced annual subscription.

  • Medical condition
  • Pro-family reasons
  • Unemployment due to retrenchment

*Financial hardship is defined as unemployment for a minimum of one year since 1 January in the preceding year before the year of subscription.

Members who are unemployed due to retrenchment may be exempted from the minimum 1 year of unemployment requirement and such reduced fee application will be assessed on a case by case basis. Applicants will need to demonstrate that they have been retrenched and were unemployed for a period of not less than six months, which includes 1 January of the year of subscription.


Singapore CA Qualification Candidate

Exclusive for Singapore CA Qualification (formerly known as Singapore QP) candidates, an Associate who is a Singapore CA Qualification candidate can enjoy complimentary membership by declaring his/her candidacy status in the online renewal. 

Find out more about the Singapore CA Qualification Renew online

Application Timeline

If you wish to apply for reduced fee, please submit your application online by 31 January of the year of renewal before renewing your membership. This online application (under "My Membership", "Applications") will be made available when the annual renewal commences.  

All requests will be reviewed on a case-by-case basis and members will be informed via email on the outcome of their appeal in due course.

Please take note that a member can be granted fee reductions for a maximum of 5 times throughout his membership with the Institute.

Submit your Application for Reduced Subscription Fee

ISCA Career Support

Members who require career-related assistance can view the initiatives, programmes and schemes in the following link.

View ISCA Career Support initiatives

FAQs

Request for reduction of fees of a particular year may be granted to any member on grounds of financial hardship due to medical condition or pro-family reasons. Financial hardship is defined as unemployment for a minimum of 1 year since 1 January in the preceding year before the year of subscription. These may include but not limited to the following circumstances.  All requests will be reviewed on a case-by-case basis.

  • Onerous caring duties for close  family member
  • Long term illness and/or serious ill health
  • Extended maternity/paternity leave
  • Unemployment due to retrenchment

A member who has been granted a reduced fee will be automatically assessed for CPE exemption in the CPE year preceding the approved year of reduced subscription. This assessment is subjected to approval by Council.

For example, a member who was granted reduced fee for 2015 renewal will then be assessed for exemption or reduction  of the 2014 CPE requirements. However, he will still need to indicate, at the time of annual membership renewal that he has not complied with the prescribed CPE requirements with reason(s) and has requested for CPE exemption as part of fee reduction application.

Reduced fee is only valid for one year and members are required to submit a new application for each renewal period for the Institute’s evaluation. A member can be granted fee reduction for a maximum of five times throughout his membership with the Institute.
Application for reduced subscription fee has to be submitted on or before the payment deadline of 31 January before renewing your membership for the year. Otherwise, the application can be resubmitted at a later date and considered for the next year’s renewal.