How much is NSFAS allowance per month?

NSFAS provides financial assistance to those from disadvantaged backgrounds.

It is important for you to understand that the specifics of NSFAS allowances, especially the monthly breakdown.

Knowing this will help you with budgeting and managing your student life effectively. 

Who Qualifies for NSFAS Funding?

Before understanding the specifics of the monthly allowance, it’s important to establish your eligibility for NSFAS funding.

Here are the primary criteria:

  1. You must be a South African citizen.
  2. You must demonstrate financial need through a household income means test.
  3. You must meet the minimum academic requirements set by NSFAS for your chosen program.
  4. You must be a South African social security beneficiary or a dependent of a beneficiary.

Types of NSFAS Allowances

NSFAS offers various allowances to cater to your essential needs throughout the academic year.

These allowances are not provided as a lump sum but are disbursed monthly.

These are some of the main allowances:

  1. Living Allowance: This allowance covers your basic living expenses, including food, toiletries, and utilities. The amount varies depending on whether you reside in a university residence, private accommodation, or reside with family.
  2. Accommodation Allowance: This allowance helps offset the cost of your accommodation, whether in a residence or approved private housing. The amount varies depending on your location and the type of accommodation.
  3. Transport Allowance: If you live more than 40 kilometers from your institution, you may qualify for a transport allowance to help cover commuting costs.
  4. Book Allowance: This allowance assists with purchasing essential learning materials for your studies.
  5. Incidental Allowance: This allowance, applicable only for students in catered residences, provides additional support for personal care expenses.

How Much is the Monthly Living Allowance for NSFAS University Students?

The monthly living allowance for university students varies depending on your living arrangements.

Here’s a breakdown:

  1. University Residence: The monthly living allowance for students residing in on-campus housing can range from R1250 to R1500 approximately.
  2. Approved Private Accommodation: Students in approved private housing receive a higher living allowance compared to residences, with the monthly amount reaching up to R1847 in metro areas and slightly lower in non-metro areas.
  3. Living with Family: If you reside with family, the living allowance is the lowest of the three categories, with a monthly amount of approximately R923.

How Much is the Monthly Transport Allowance for NSFAS Students?

The NSFAS transport allowance is a fixed amount of up to R656.25 per month, disbursed for a maximum of 10 months during the academic year.

It’s important to note that you only qualify for this allowance if you reside more than 40 kilometers from your educational institution and provide proof of your residence location.

How Much is the Monthly Book Allowance for NSFAS Students?

The NSFAS book allowance is provided as an annual lump sum, not a monthly amount.

The current annual book allowance is approximately R5200.

This allowance is intended to cover the cost of essential textbooks and learning materials required for your studies.

How Much is the Monthly Accommodation Allowance for NSFAS Students?

Similar to the living allowance, the accommodation allowance varies depending on your location and type of accommodation.

Below is a general outline:

  1. Metro Areas: For approved private accommodation in metropolitan areas, the monthly accommodation allowance can reach up to R5,541.67 approximately.
  2. Non-Metro Areas: The allowance for approved private accommodation in non-metro areas is slightly lower, with a maximum of approximately R4,708.33 per month.
  3. University Residence: The accommodation allowance for students residing in university residences is determined by the actual cost charged by the institution.