How NSFAS assists students

The National Student Financial Aid Scheme is a South African government initiative that provides financial assistance to students from disadvantaged backgrounds who wish to pursue higher education.

This financial aid can make a world of difference for students facing financial constraints, allowing them to focus on their studies and achieve their academic goals.

In this article, we’ll go into the various ways NSFAS assists students, answer common questions, and guide you through the application process.

What is NSFAS funding used for?

NSFAS funding covers a variety of expenses crucial for a successful academic journey.

Here’s a breakdown of the main areas covered:

  1. Tuition fees: This ensures your place at the university or TVET college is secure, covering the cost of your chosen program.
  2. Accommodation: Living expenses on or near campus are often covered, including residence fees or private rentals.
  3. Learning materials: Textbooks, stationery, and other course-related supplies are included in the funding.
  4. Living allowance: This provides for basic necessities like food, transport, and personal care items.
  5. Disabilities allowance: Students with disabilities may receive additional funding to cater to specific needs.

Is NSFAS a loan or a bursary?

NSFAS funding can be awarded as either a loan or a bursary, depending on your household income and academic performance.

  1. Loan portion: A portion of the funding is considered a loan that must be repaid after completing your studies. The repayment terms are flexible and take into account your future income.
  2. Bursary portion: This portion is a grant that does not need to be repaid. The bursary amount typically increases as your academic performance improves.

Who qualifies for NSFAS funding?

To qualify for NSFAS funding, you must meet the following criteria:

  1. Be a South African citizen.
  2. Demonstrate financial need.
  3. Apply for admission to a registered public university or TVET college in South Africa.
  4. Be enrolling for a first undergraduate qualification (exceptions apply for scarce skills programs).
  5. Meet the academic requirements of your chosen program.

How do I apply for NSFAS funding?

The NSFAS application process is conducted online via the NSFAS website.

Here’s a simplified outline:

  1. Register: Create an online profile on the NSFAS website.
  2. Complete the application form: Accurately fill out the online application form, providing details about your financial situation and academic history.
  3. Supporting documents: Submit all required supporting documents, such as proof of income, ID documents, and your acceptance letter from the university or TVET college.
  4. Track your application: The NSFAS website allows you to track the status of your application.

What happens after I apply for NSFAS?

Once you submit your application, NSFAS will assess your eligibility based on the information provided.

The assessment process may take some time. You will be notified of the outcome via email and SMS.

  1. If approved: Congratulations, NSFAS will provide details on the funding awarded and how you will receive the funds.
  2. If rejected: You can appeal the decision if you believe there was an error in the assessment. The NSFAS website provides information on the appeals process.

What are the responsibilities of NSFAS recipients?

As an NSFAS recipient, you have certain responsibilities:

  1. Maintain satisfactory academic performance: NSFAS funding is contingent on good academic standing. There are minimum academic progress requirements you must meet to continue receiving funding.
  2. Register on time: Registration for your chosen program one time is important.
  3. Attend classes regularly: Regular attendance demonstrates your commitment to your studies.
  4. Use the funds responsibly: The funding is meant to cover your essential expenses related to your studies.
  5. Repay the loan portion: After completing your studies and finding employment, you are responsible for repaying the loan portion of your funding.

Where can I find more about NSFAS?

For comprehensive information on NSFAS funding, application processes, and eligibility criteria, refer to the following resources:

  1. NSFAS website
  2. NSFAS contact center: 0800 00 NSFAS (67327)
  3. NSFAS social media: NSFAS is active on various social media platforms like Facebook and Twitter. You can follow them for updates and announcements.