Nsfas Allowance Payment Dates 2023-2024
Nsfas Allowance Payment Dates 2023-2024
Nsfas Allowance Payment Dates 2023-2024: This article provides complete details about NSFAS allowance payment dates. If you are a South African student who wants to apply for NSFAS funding but also wants to know how much you’ll be paid as your NSFAS allowances monthly before you apply? Or you have been approved for the National Student Financial Aid Scheme and you want to know how much NSFAS gives students per month? Well then, you’re on the right page. In this article, we’re going to walk you through how much NSFAS pays students as monthly allowances. All students who applied for the 2023 NSFAS Allowance are urged to take note of the following important information.
Nsfas Allowance Payment Dates 2023-2024
Every year after funding has been approved for students, nsfas begins to disburse students’ allowances to the wallet. The nsfas allowance is processed and credited to the student’s wallet on the Mynsfas account within the first 10 days of each month. It is important to note that not all students will get the allowance at the same time.
What Does the NSFAS Cover?
The amounts given for housing, living allowance, transportation, and learning materials must be in accordance with the most recent DHET criteria.
- Accommodation allowance
- Transport allowance
- Living allowance
- Learning material allowance
- Incidental/personal care allowance
Nsfas Money Per Month 2023-2024
| NSFAS Allowance For TVET College Students | Payable Amount (Monthly) | Payable Amount (Per Annum) |
| Incidental/Personal Care Allowance | R242 | R2900 |
| Accommodation in Rural Areas | R1,312 | R15,750 |
| Accommodation in Peri-Urban Area | R1,575 | R18,900 |
| Accommodation in Urban Area | R2000 | R24,000 |
| Transport | R583 | R7000 |
| Transport (up to 40km from the institution) | R613 | R7,350 |
Also, when you’re approved to receive the National Student Financial Aid Scheme (NSFAS) funding as a TVET College student, NSFAS covers your registration fees and tuition fees. The registration fees and tuition fees are defined by your institution per the academic semester or year
How Do I Get My NSFAS Allowance?
In order to get your NSFAS allowance, you’ll have to activate your NSFAS wallet. You should go to How To Activate NSFAS Wallet for the easy step-by-step guide to help you to activate your wallet in order to receive your NSFAS allowances.
RELATED LINKS
For more information on nsfas click here