NSFAS Guidelines 2024

What does NSFAS cover for 2024; NSFAS Guidelines 2024

The government’s NSFAS programme aims to provide every deserving South African student with access to higher education. Financial limitations frequently provide major obstacles to pursuing higher education. The National Student Financial Aid Scheme (NSFAS), which recognises this difficulty, provides a ray of hope for many South African students. This introduction is your starting point for understanding each aspect of NSFAS guidelines, making sure you get the knowledge required to obtain financial aid for your study without difficulty.

READ ALSO; When NSFAS Is Closing 2024 Application

What Do NSFAS Guidelines Contain

• Colleges are expected to follow the GUIDELINES: Should a College wish to deviate from the GUIDELINES, due to its specific and unique circumstances in respect of matters outlined in paragraph.
• it must develop a Determination of Allowances Policy and submit it to the Department by no later than 31 January. Each College must strictly comply with its Determination of Allowances Policy. Should a College not submit its Determination of Allowances Policy the Department will assume that the College is implementing the national GUIDELINES.
• Colleges developing their Determination of Allowances Policies on the basis of their unique circumstances must note that the deviation can only be in relation to the following matters:
• Allowances for students enrolled on outstanding subjects. However, students who do not have contact classes should not be considered for allowances. (cf. paragraphs 41.9, 41.10 and 41.11);
• Minimum attendance requirement for bursary beneficiaries (which can be set higher but not lower than 80%) (cf. paragraph 67); and  Verification of residential addresses of beneficiaries of travel and accommodation allowances (cf. paragraphs 69 and 70).
• The College Determination of Allowances Policy must provide clarity with respect to applications for travel and accommodation allowances of students who passed NC (V) Level 4, N3 and N6 with outstanding subjects. In instances where the College decides to award allowances to this cohort of students, such allowances should be awarded as full standardised allowance

Who Must Apply for NSFAS Funding in 2024

1. South African citizens or permanent residents
2. SASSA grant recipients
3. Applicants whose combined gross household income is not more than R350 000 per year
4. Persons living with disabilities whose combined gross household income is not more than R600 000 per year.

Who Is Ineligible to Apply for NSFAS in 2024?

• Students with prior qualifications completed.
• Students whose home income as a whole exceeds R350,000 annually.
• Students who previously applied were accepted and were given financial support. If they pass all of their modules and fulfil the academic standards, they will get automatic funding for the length of their study.

READ ALSO; NSFAS For TVET Colleges 2024-2025

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

Click here to read or download the NSFAS Guidelines

By understanding the guidelines, following the application process diligently, and staying informed, you can increase your chances of receiving the necessary funding for your studies.