How to check my NSFAS wallet balance online | Complete Guide

For qualifying students, NSFAS allocates funds directly into an NSFAS Wallet.

This allows for easier access and management of these allowances.

But how do you check your NSFAS Wallet balance online?

This guide will walk you through the two convenient methods available: using the USSD code and via the NSFAS Wallet website.

What is an NSFAS Wallet?

An NSFAS Wallet is a secure digital account used by NSFAS-funded students to receive and manage their allowances.

It eliminates the need for physical collection points and allows for convenient access to funds through withdrawals or purchases at registered merchants.

How do I register for an NSFAS Wallet?

NSFAS will automatically create an NSFAS Wallet account for all qualifying students.

You’ll receive a welcome SMS notification prompting you to verify your account.

This process involves setting a secure 5-digit password.

Remember, you will not be prompted for your password during the application process.

Can I check my NSFAS Wallet balance without internet?

Yes. You can conveniently check your NSFAS Wallet balance using a USSD code on your mobile phone.

This method doesn’t require an internet connection.

This is how to check your NSFAS Wallet balance using USSD:

  1. Dial 134176# on your mobile phone.
  2. Enter your registered NSFAS Wallet password.
  3. Upon successful login, you’ll be presented with a menu.
  4. Select option 2 for “Query.”
  5. Choose option 2 again to “View cash balance and transactions.”
  6. Your current NSFAS Wallet balance and recent transactions will be displayed.

What can I do with my NSFAS Wallet?

Your NSFAS Wallet offers several functionalities:

  1. Withdraw cash: You can withdraw funds at participating ATMs and retailers displaying the NSFAS logo.
  2. Make payments: Pay for approved purchases at registered merchants using your NSFAS Wallet.
  3. Track transactions: Monitor your spending habits by viewing your transaction history within the NSFAS Wallet.

Is it safe to use my NSFAS Wallet online?

NSFAS employs robust security measures to protect your financial information.

However, it’s important for you to practice safe online practices:

  1. Never share your NSFAS Wallet password with anyone.
  2. Beware of phishing scams. NSFAS will never request your password via SMS or email.
  3. Log out of your NSFAS Wallet after every session.
  4. Report any suspicious activity to NSFAS immediately.

What if I forget my NSFAS Wallet password?

If you forget your NSFAS Wallet password, you can’t retrieve it. However, you can easily reset it by following these steps:

  1. Dial 134176# on your mobile phone.
  2. Enter “0” (zero) when prompted for your password.
  3. Follow the prompts to set a new secure password.

How to check your NSFAS Wallet balance online

For those with internet access, checking your NSFAS Wallet balance online offers a more detailed view of your account activity.

Here’s how to check your NSFAS Wallet balance online:

  1. Visit the NSFAS Wallet website
  2. Enter your registered cellphone number and password.
  3. Click “Login.”
  4. Once logged in, scroll to the “More” tab and select “Transactions.”
  5. You’ll see your current balance and a detailed breakdown of your recent transactions.