NSFAS Extended Allowance

How much is NSFAS allowance for 2024, NSFAS Extended Allowance 2024

The government of South Africa launched the National Student Financial Aid Scheme (NSFAS) to give low-income students who demonstrate academic merit financial support. NSFAS provides extended allowances in addition to the basic allowances for certain student groups or under special conditions. The specifics of the NSFAS extended allowances for the 2024–2025 academic year, including the several kinds of extra help and their qualifying requirements, will be covered in full. more details on this topic have been explained below;

READ ALSO; When NSFAS Is Closing 2024 Application

What Does NSFAS Allowance Cover?

The National Student Financial Aid Scheme, NSFAS Funding bursary for 2024-2025 covers the cost of tuition, and some additional expenses related to your studies, which include:

• 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.

The Amount NSFAS Allowance Cover In 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

What You Need To Receive NSFAS Fund

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.

How To Activate NSFAS Wallet And Receive Allowance In 2024

• Sign your LAF/ SOP.
• Receive an SMS welcoming you to Mobile Wallet.
• Verify your account by dialling *120*176# and reply with your ID number.
• Receive a password that you will use when transacting.
• Your vouchers will be made available for spending.

READ ALSO; NSFAS Allowance Dates 2024 For TVET Colleges

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 on book allowance