Nsfas Benefits For Applicants 2023-2024
Nsfas Benefits For Applicants 2023-2024
Nsfas Benefits For Applicants 2023-2024: National Student Financial Aid Scheme is a South African government student financial aid scheme that provides financial aid to undergraduate students to help pay for the cost of their tertiary education after finishing high school. It is funded by the Department of Higher Education and Training. The scheme was established in terms of the National Student Financial Aid Scheme Act 56 of 1999. The application doors for Nsfas will be opened for the year 2024 to all applicants from the 7th of November 2022 and closes on the 21st of January 2023. Applicants are therefore urged to apply within the application deadline.
Nsfas Benefits For Applicants 2023-2024
Amounts indicated for accommodation, living allowance, transport and learning materials need to be aligned with the approved latest DHET guidelines.
UNIVERSITY
- Accommodation
As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence) - Transport (up to 40 km from the institution) R7 500 per annum
- Living allowance R15, 000 per annum
- Book allowances R5200 per annum
- Incidental/personal care allowance of R2900 per annum for students in catered residences
TVET
- Accommodation in an urban area is R24,000 per annum
- Accommodation in a peri-urban area is R18,900 per annum
- Accommodation in a rural area is R15,750 per annum
- Transport (up to 40 km from the institution) R7,350 per annum
- Transport R7000 per annum
- Incidental/personal care allowance R2900 per annum
- All South African citizens
- All SASSA grant recipients qualify for funding
- Applicants whose combined household income is not more than R350 000 per annum
- A person with a disability: Combined household income must not be more than R600 000 per annum
- Students who started studying before 2018 and whose household income is not more than R122 000 per annum.
Required Supporting Documents To Apply For NSFAS Funding.
- Provide your own cellphone number and email address
- You must have a copy of your ID or birth certificate
- National ID copies of parents, guardians, or spouse
- The evidence of your income or 1 year’s IRP5 if necessary
- The proof of income of your parents, guardian, or spouse.
- If you are a SASSA grant recipient, you don’t need to provide any evidence of income.
- All Applicants with a disability should provide and submit a completed and signed Disability Annexure A Form
- An applicant known as a Vulnerable Child by the Department of Social Development should also provide a completed and signed Vulnerable Child Declaration and Consent Form. Nsfas 2024-2025
How to Apply for NSFAS Bursary Online Application
- Visit the NSFAS Application website: www.nsfas.org.za
- Then, you click on the ‘myNSFAS’ tab
- Create a myNSFAS account.
- Click on the ‘APPLY’ tab
- Update your personal information
- Answer the questions you see on the screen
- Upload all the required supporting documents
- Finally, you click on ‘submit’
Contact Details
For general, student and NSFAS Wallet inquiries
For all other queries regarding students:
Tel No.: 08000 67327
Email: info@nsfas.org.za
RELATED LINKS
For more information on nsfas click here