When is NSFAS First Payment for 2024
The initial NSFAS payment for the 2024 academic year was disbursed on the 6th of February, 2024. This payment covered the first two months of the academic year, February and March.
It is important to note that this payment was made directly to universities, which then distributed the funds to eligible students. However, due to challenges experienced at the beginning of the year, NSFAS implemented changes to the payment schedule.
To simplify the process and ensure timely disbursements, NSFAS introduced direct payments to students starting from April 2024. This means that subsequent allowance payments for the year will be made directly to students’ bank accounts.
When was the NSFAS upfront payment made for 2024?
To support universities and students in preparing for the academic year, NSFAS made an upfront payment to all institutions on the 31st of January, 2024.
This payment covered tuition fees, accommodation, and a portion of the book allowance.
How are NSFAS allowances paid in 2024?
NSFAS has implemented a new payment system for the 2024 academic year. Allowances for February and March were paid through universities.
However, starting from April 2024, NSFAS will disburse allowances directly to students through appointed payment partners.
When will NSFAS allowances be paid for the rest of 2024?
The payment schedule for the remaining months of 2024 is as follows:
- Living expenses and transport allowances: February, March, May, June, and July.
- All allowances for pre-funded students and beneficiaries of NSFAS disability funding: Throughout the year.
- Living expenses and travel allowances: April and August onwards (disbursed directly to students).
What is the NSFAS payment process for 2024?
The NSFAS payment process for 2024 involves two phases:
- Upfront payment to universities: This was made on the 31st of January, 2024, to cover tuition, accommodation, and part of the book allowance.
- Direct payments to students: Starting from April 2024, NSFAS will disburse allowances directly to students for living expenses, transport, and other eligible costs.
Will all NSFAS students receive allowances in 2024?
To qualify for NSFAS allowances, students must meet specific eligibility criteria, including financial need, academic performance, and enrollment at a registered institution.
Students who meet these requirements will receive allowances per the approved payment schedule.
How can I check my NSFAS payment status?
Students can check their NSFAS payment status through the following channels:
- NSFAS website: Visit the official NSFAS website and log in to your account to view payment information.
- University portal: Some universities provide updates on NSFAS payments through their student portals.
- NSFAS contact center: Students can contact the NSFAS call center for assistance.
NSFAS beneficiaries must stay updated on the latest payment information through official NSFAS channels.