How Much NSFAS Pay Per Month 2024

What is the NSFAS monthly allowance for 2024; How Much NSFAS Pay Per Month 2024

Under the Department of Higher Education and Training (DHET), the South African government established and administers the National Student Financial Aid Scheme (NSFAS). Young people who deserve it are awarded the NSFAS allowance to attend public universities and TVET colleges for higher education. “How much does NSFAS pay per month?” is a frequently asked question in this regard. This study dives into the core worries of students by attempting to clarify the kind of financial assistance they should anticipate during their academic careers.

READ ALSO; How Can I Apply For NSFAS Online 2024-2025

What Will I Receive From NSFAS Every Month 2024

Amounts indicated for accommodation, living allowance, transport and learning materials need to be aligned with the approved latest DHET guidelines.

UNIVERSITY

• Accommodation
  As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence)
• Transport (up to 40 km from the institution) R7 500  per annum
• Living allowance R15, 000  per annum
• Book allowances R5200 per annum
• Incidental/personal care allowance of R2900 per annum for students in catered residences

TVET

• 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 Should Expect NSFAS Monthly Allowance 2024

Who qualifies for NSFAS funding?

• All South African citizens
• All SASSA grant recipients qualify for funding
• Applicants whose combined household income is not more than R350 000 per annum
• A person with 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.

READ ALSO; When NSFAS Is Closing 2024 Application

Where Can I Receive My NSFAS Monthly Fund 2024

What you will need to receive your NSFAS allowances via NSFAS Wallet?

• Your own cell phone and valid SIM card
• You must sign your NSFAS Bursary Agreement if you are a new student to NSFAS
• You will not need to withdraw cash to pay your landlord or any registered merchant

Contact Details Of Nsfas

NSFAS Contact Center:

• Phone: 08000 67327 (toll-free)
• Operating hours: Monday to Friday, 8:30 AM – 5 PM (South African Standard Time)

Nsfas Email:

• General inquiries: info@nsfas.org.za
• Application inquiries: apply@nsfas.org.za

Nsfas Postal Address:

• Private Bag X1
• Plumstead
• 7801
• South Africa

Physical Address:

• 10 Brodie Road
• House Vincent, 2nd Floor
• Wynberg
• Cape Town
• 7700
• South Africa

visit NSFAS Official website and read more