NSFAS is a lifesaver for many South African students, especially those attending Technical and Vocational Education and Training colleges.
It offers financial support to eligible students, covering tuition and registration fees and providing additional allowances for living expenses.
But how much does NSFAS actually give TVET students per month?
The answer isn’t a straightforward one figure.
NSFAS funding for TVET students is broken down into several allowances, and the amount received can vary depending on your specific circumstances.
No, NSFAS doesn’t fund all TVET courses. They prioritize funding Ministerial-approved programmes that address scarce skills in South Africa.
These programs fall under fields like engineering, manufacturing, construction, and agriculture.
NSFAS funding for TVET students comprises several allowances to cover various expenses.
These are some of the main allowances:
As explained earlier, the accommodation allowance varies depending on the location of your college and your living situation.
The maximum amounts are:
These figures translate to roughly R2,000, R1,575, and R1,312 per month, respectively.
It’s important to remember that these are maximum amounts, and the actual amount you receive may be lower depending on your specific circumstances.
Distance learning TVET students have a different funding structure compared to on-campus students.
Since distance learning primarily involves studying from home, NSFAS assumes students don’t require additional allowances for travel or accommodation.
Therefore, distance learning TVET students only qualify for the personal care allowance of R2,900 per year (approximately R242 per month).
Their tuition and registration fees are still covered by NSFAS.