If you’re an NSFAS recipient dealing with the specifics of your funding can be confusing, particularly regarding the first month’s payment.
This article aims to explain the process and answer the question about how much NSFAS pays in the first month.
NSFAS funding comprises two main components: tuition fees and allowances.
Tuition fees are paid directly to your institution, while allowances cover living expenses like accommodation, transport, learning materials, and personal care.
The amount you receive in the first month depends on the disbursement method employed by your institution.
There are two primary disbursement channels for NSFAS allowances:
The first month of the academic year (typically February) can differ slightly from the rest due to upfront payments for specific allowances.
Here’s a breakdown:
NSFAS allowances are usually paid during the first week of each month, spread over ten months during the academic year (excluding holidays).
However, the disbursement process for the first few months of the 2024 academic year differs slightly due to the shift to direct payments by NSFAS.
Refer to your institution’s financial aid office for specific payment dates.
NSFAS allowances are intended to help students manage living expenses, while tuition fees cover the cost of your academic program.
Allowances are paid directly to students, while tuition fees are paid to your institution.
The amount NSFAS allocates for accommodation varies depending on your location, institution type, and living arrangements.
Generally, allowances for off-campus housing are higher than on-campus options.
You can find specific details regarding accommodation allowances on the NSFAS website or by contacting your institution’s financial aid office.
No, NSFAS does not directly pay for registration fees.
However, universities/colleges are required to allow NSFAS-funded students to register without paying registration fees upfront.
The registration fees are then settled by NSFAS as part of the upfront tuition payment.
The living expense allowance varies depending on your study location (urban, peri-urban, or rural) and whether you reside in institutional accommodation.
The annual rates are typically:
The first month’s disbursement (February or April) will reflect a pro-rated amount based on the monthly breakdown.
Universities normally receive a lump sum for book allowances, which they then distribute to students.
You might receive half of your annual book allowance (around R2,600) in the first month through university disbursement.
The best way to determine your university’s disbursement method is to contact their financial aid office directly.
They can provide you with specific details about your payment schedule.
If you haven’t received your allowance by the expected date (typically the first week of the month), here are some steps you can take: