How Much Are Tvet Colleges NSFAS Allowances

How much is the NSFAS allowance for 2024, How Much Are Tvet Colleges NSFAS Allowances

Are you currently enrolled in TVET college or do you wish to attend? Are you from a household that makes R350 000 or less? To encourage the integration of practical vocational skills into the workforce and the country’s economy as a whole, TVET Colleges are given preference when funds under the National Student Financial Scheme are distributed to eligible students. TVET colleges earn roughly twice as much funding overall from NSFAS than universities do, thus they are given priority when it comes to bursary distribution. Universities normally receive the majority of NSFAS funding for students. Please read the information below to find out how much NSFAS gives students.

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How Much Will TVET College Students Get From NSFAS?

These sums will be given to students by NSFAS Fun.

• Accommodation in an urban area is R24,000 per annum
• Accommodation in a peri-urban area is R18,900 per annum
• Accommodation in a rural area is R15,750 per annum
• Transport (up to 40 km from the institution) R7,350 per annum
• Transport R7000 per annum
• Incidental/personal care allowance R2900 per annum

Who Has to Apply for Funding from NSFAS?

• Every citizen of South Africa
• Funding is available to all winners of SASSA grants.
• candidates whose annual household income combined is not greater than R350 000
• The person with a disability: Combined household income must not be more than R600 000 per annum
• Students who started studying before 2018 and whose household income is not more than R122 000 per annum.

The NSFAS Qualification Guidelines for TVET Colleges

• The only people eligible for this scholarship project are South African citizens.
• A student must be enrolled in a PLP, NC(V), or Report 191 programme or intending to enrol at one of South Africa’s fifty (50) public TVET colleges;
• must need financial aid (a student’s eligibility for financial aid is determined by the NSFAS);
• Returning students must demonstrate documented and acknowledged academic performance (academically meritorious) by the College’s advancement programme or the Bursary Rules and Guidelines, whichever is greater;
• The applicant must not be enrolling for a qualification that replicates prior state-funded learning; additionally, the applicant may be eligible if their combined gross family income does not exceed R350,000 annually and they have been accepted into or received a solid offer of enrollment from a college.

Courses NSFAS Bursary Support At TVET Colleges

Students can contact their institution for more information about the NSFAS finance programmes that have received ministerial approval, which are listed below.

• Engineering Studies – (National Certificate -Vocational) NQF levels 2-4 & Engineering studies – Report 191 N1-N6
• Engineering and Related Design; Electrical Infrastructure; Civil Engineering Construction and Information Technology & Computer Science
• Business & Utility Studies (National Certificate – Vocational) NQF levels 2-4 & Report 191 N1-N6
• Management; Marketing; Finance; Office Administration; Economics & Accounting; Education & Development; Hospitality; Tourism; Safety in Society and Transport & Logistics
• Pre-Learning Programme (PLP) funding through NSFAS

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NSFAS Contact Detaills

For general, student and NSFAS Wallet enquiries

For all other queries regarding students:
Tel No.: 08000 67327
Email: info@nsfas.org.za

Physical Address
The Halyard, 4 Christiaan Barnard St, Cape Town City Centre, Cape Town, 8001

Visit the college’s official website here