How NSFAS Assist Students

What does NSFAS give to students; How NSFAS Assist Students

How NSFAS Assist Students

What does NSFAS give to students; How NSFAS Assist Students

NSFAS, a cornerstone of educational empowerment, is a lifeline for students facing financial adversity. Founded on the principle that no deserving student should be denied education due to lack of funds, NSFAS stands tall as a testament to the nation’s commitment to nurturing talent and fostering inclusive growth. This organization operates on the fundamental belief that education is not just a privilege for the fortunate few but a fundamental right for every aspiring mind. Whether you are a prospective student seeking information on how to apply for NSFAS assistance or a concerned parent wanting to understand the support available for your child, this guide aims to provide you with accurate, up-to-date information.

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Ways NSFAS Fund Student

To qualify students enrolled in South African public universities and Technical and Vocational Education and Training (TVET) colleges, NSFAS offer financial aid in the form of loans and bursaries. they manage these loans and bursaries, collecting the debt from students once they graduate and find employment.

Benefit Of NSFAS Fund To Student

The National Student Financial Aid Scheme, NSFAS Funding Bursary, will cover these;

Accommodation: NSFAS covers the cost of on-campus or off-campus student housing.
Textbooks and study materials: NSFAS can provide you with a study allowance to purchase the required textbooks and materials for your course.
Meals: The NSFAS provides a meal allowance to help cover the cost of food while you are studying.
Travel expenses: NSFAS provides a travel allowance to help cover the cost of travel to and from campus.

How Much Will NSFAS Help Student In 2024

The amounts listed for housing, a living allowance, transportation, and educational supplies must match the most recent approved DHET requirements.

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

Do You Pay Back NSFAS Bursary

Yes

it is mandatory to pay back your loan so that others can also benefit from the scheme

How To Apply For NSFAS

The detailed steps listed below should be followed in order to submit an NSFAS application.

Begin by visiting the official NSFAS website: www.nsfas.org.za
Locate and select the “myNSFAS” option, found on the page’s right-hand side menu.
Set up your “myNSFAS” account using this link: https://my.nsfas.org.za
To access your account, log in using your ID number, which will also serve as your username.
Once logged in, find and click on the ‘Apply’ tab to initiate your application.
Fill in every section, providing all the personal details as prompted.
Proceed to attach and upload the necessary supporting documents for your application.
Finally, submit your application to undergo a thorough review and assessment.

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Contact Details Of Nsfas

NSFAS Contact Center: