How often does NSFAS fund UNISA students?

For University of South Africa (UNISA) students, understanding how often NSFAS funding is disbursed can be important for budgeting and managing academic expenses.

This article aims to clarify how often NSFAS funds UNISA students and address some frequently asked questions.

How Often Does NSFAS Disburse Allowances to UNISA Students?

NSFAS disburses allowances to qualifying UNISA students twice a year.

The disbursements normally occur in March for the first semester and in August for the second semester.

This applies to both new and returning students as long as they meet the academic progress requirements set by NSFAS.

Here’s a look at the disbursement schedule:

  1. March: This disbursement covers allowances for learning materials and, for students registered for ten or more modules, incidental allowances.
  2. August: This disbursement primarily consists of living allowances for students who qualify.

You should note that the exact disbursement dates can vary slightly each year.

NSFAS usually announces the confirmed dates on their official website and through communication channels like student portals closer to the disbursement periods.

What Types of Allowances Do UNISA Students Receive from NSFAS?

NSFAS funding for UNISA students can encompass two main types of allowances:

  1. Learning Material Allowance (LMA): This allowance is intended to assist students with purchasing essential learning materials such as textbooks and study guides. The LMA is calculated based on the number of modules a student is registered for. Students receive R700 per module for the first four modules, and a one-time payment of R5,460 for five or more modules per academic year.
  2. Living Allowance: This allowance is meant to help students cover living expenses such as accommodation, food, and transport. Living allowances are only disbursed to students who are registered for ten or more modules and meet specific criteria set by NSFAS. The current living allowance is R304.50 per month for ten months.

How Can I Check the Status of My NSFAS Funding for UNISA?

Students can check the status of their NSFAS funding for UNISA by logging into their myNSFAS account.

Once you’ve logged in, go to the “Funding Status” section where you can view details about your application, disbursement schedule, and any outstanding information required by NSFAS.

What If I Haven’t Received My NSFAS Allowance for UNISA?

If you haven’t received your NSFAS allowance within the expected timeframe, it’s good to take the following steps:

  1. Check your myNSFAS account: Ensure your account information is accurate and up-to-date.
  2. Verify your registration: Confirm that you are registered for the semester and your registration details are reflected correctly in the NSFAS system.
  3. Contact NSFAS: Reach out to NSFAS through their online portal, email, or their contact center number (0800 067 323) to inquire about the delay. You can also contact the UNISA Financial Aid Office for further assistance.

Do I Need to Reapply for NSFAS Funding Every Year as a UNISA Student?

No, NSFAS funding is generally awarded for the duration of your studies, provided you meet the academic progress requirements set by NSFAS.

However, you are required to renew your application each year by the stipulated deadline.

This renewal process involves confirming your personal information, income details, and academic progress.

What Happens if I Fail My Modules at UNISA?

NSFAS funding is contingent on maintaining satisfactory academic progress. 

If you fail your modules, you may risk losing your NSFAS funding. 

The specific consequences of failing modules will depend on the severity of the situation and NSFAS regulations. 

It’s highly recommended that you contact the UNISA Financial Aid Office or NSFAS directly to understand the potential impact on your funding and explore available options.