How Often NSFAS Pay For College Students

How many times does NSFAS pay; How Often NSFAS Pay For College Students

Are you a recent high school graduate or undergraduate from South Africa whose NSFAS aid application was approved? If it has been confirmed that the student is one of those selected to receive the funds and you are unsure of How Often Will NSFAS Pay Allowance for college students In 2024, then this information will be of interest. The type of stipend awarded and the academic calendar of the college determine how many months NSFAS provides allowances. Generally, the living allowance is distributed monthly for a period of either 10 or 12 months, dependent on the length of the academic year at that specific location. Extra benefits including housing, study materials, and tuition could be awarded at the start of each semester or at the beginning of the school year.

READ ALSO; How Much NSFAS Pay Per Month 2024

How Regularly Will NSFAS Pay College Student Allowance?

The first week of every month is usually when monthly instalments are made for a period of ten months.

Notable: Student payments differ. Thus, try not to lose your cool if your flatmate gets their allowance before you do.

First Semester:

• 28 February
• 7 March
• 4 April
•  3 May
•  6 June

Second Semester:

• 18 July
•  1 August
•  5 September
•  3 October
•  7 November

The Total Amount NSFAS Will Pay For College Students

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

Which Payment Method Will NSFAS Allowances Be Used?

• Registration for the NSFAS Wallet, which needs a SIM card and a cell phone, is limited to TVET students only. It allows registered NSFAS retailers to make purchases and take cash withdrawals when it is enabled.
• NSFAS MasterCard: This cutting-edge direct payment option for student allowances is scheduled to launch at the end of September 2023 and appears to be a viable choice. This will eventually replace the NSFAS wallet and offer several more features.

READ ALSO; How Many Months Does NSFAS Pay A Year

TVET Colleges NSFAS Support

50 TVET colleges are supported by NSFAS financing. Note the following list if you want to attend a TVET college and receive funding from NSFAS.

1. Buffalo City TVET College
2. East Cape Midlands TVET College
3. Ikhala TVET College
4. Ingwe TVET College
5. King Hintsa TVET College
6. King Sabatha Dalindyebo TVET College
7. Lovedale TVET College
8. Port Elizabeth TVET College
9. Boland TVET College
10. College of Cape Town
11. False Bay TVET College
12. Northlink TVET College
13. South Cape TVET College
14. West Coast TVET College
15. Northern Cape Rural TVET College
16. Northern Cape Urban TVET College
17. Flavius Mareka TVET College
18. Goldsfields TVET College
19. Maluti TVET College
20. Motheo TVET College
21. Coastal KZN TVET College
22. Elangeni TVET College
23. Esayidi TVET College
24. Majuba TVET College
25. Mnambithi TVET College
26. Mthashana TVET College
27. Thekwini TVET College
28. Umfolozi TVET College
29. Umgugundlovu TVET College
30. Orbit TVET College
31. Taletso TVET College
32. Vuselela TVET College
33. Central Johannesburg TVET College
34. Ekurhuleni East TVET College
35. Ekurhuleni West TVET College
36. Sedibeng TVET College
37. South West Gauteng TVET College
38. Tshwane North TVET College
39. Tshwane South TVET College
40. Western College for TVET
41. Ehlanzeni TVET College
42. Gert Sibande TVET College
43. Nkangala TVET College
44. Capricorn TVET College
45. Lephalale TVET College
46. Letaba TVET College
47. Mopani South East TVET College
48. Sekhukhune TVET College
49. Vhembe TVET College
50. Waterberg TVET College

READ ALSO; Distance Learning Tvet Colleges In South Africa 2024

Contact NSFAS HERE

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

or visit the NSFAS Official website here

Knowing the colleges that will receive funding from NSFAS in 2024 can help you plan your educational path and make wise selections for the future. Whether a university, a TVET college, a private school, or a public/community college is what you’re thinking about,