How long does NSFAS fund you? | NSFAS Funding Duration

NSFAS grants financial aid to cover the cost of tertiary education and empower individuals to pursue their academic goals.

But a common question on the minds of prospective NSFAS applicants is: how long does NSFAS funding last? Let’s find out.

How long does NSFAS funding last?

The main factor that determines your NSFAS funding duration is the registered duration of your chosen qualification.

NSFAS will fund you for the minimum period required to complete your degree or diploma. Here’s a breakdown:

1. Standard Degrees: Most undergraduate degrees in South Africa take three to four years to complete. NSFAS will generally fund you for this duration, assuming you pass all your modules and progress satisfactorily.
2. Extended Degrees: Certain qualifications, like medicine or veterinary science, require five to seven years of study. NSFAS will adjust the funding period accordingly to cover these extended programs.
3. Diploma Programs: Diploma programs are typically shorter, lasting one to three years. NSFAS funding will reflect this shorter duration.

NSFAS funding hinges on satisfactory academic performance. If you fail a module or year, your funding might be suspended or revoked.

However, NSFAS may grant an extra year of funding in exceptional circumstances.

Your NSFAS funding isn’t automatically renewed each year. You’ll need to submit a renewal application before the deadline to ensure continued support.

NSFAS funding also comes with specific conditions.

These may include maintaining a certain academic standard, attending all required classes, and adhering to the NSFAS code of conduct.

Failing to meet these conditions could ruin your chances of gaining your funding.

Does NSFAS funding cover postgraduate studies?

Generally, NSFAS funding doesn’t cover postgraduate studies. However, there might be exceptions for specific scarce skills programs.

I advise that you contact NSFAS directly for the latest information.

What happens if I fail a year while receiving NSFAS funding?

Failing a year can lead to the suspension of your funding. However, NSFAS may grant an extra year under specific circumstances.

Consult the NSFAS website or contact them directly for details on the appeals process.

Can I get NSFAS funding if I already have another bursary?

NSFAS funding prioritizes students with limited financial means.

You may still qualify for NSFAS funding if your other bursary doesn’t cover the full cost of your studies.

However, NSFAS might adjust the funding amount to avoid exceeding the total cost of your education.

How do I renew my NSFAS funding?

The NSFAS application portal usually opens for renewals around the same time as new applications.

Stay updated on NSFAS communication channels to ensure you don’t miss the deadline for submitting your renewal application.

What happens to my NSFAS debt if I can’t afford to repay it?

NSFAS funding is a combination of bursary (gift) and loan features.

The loan portion needs to be repaid once you graduate and secure employment.

NSFAS offers various repayment options, and if you’re genuinely struggling financially, you can approach them for possible debt relief measures.

Is there an age limit for NSFAS funding?

There’s no specific age limit for NSFAS funding.

However, the funding is primarily intended for students pursuing their first undergraduate qualification.