My Nsfas Allowance 2023-2024

My Nsfas Allowance 2023-2024

My Nsfas Allowance 2023-2024: Do you wish to know the Nsfas allowance for students? Also, do you want to know how to apply for the Nsfas allowance or have been accepted to receive funding and want to know how you will be paid every month? Kindly read through this article to know more about the Nsfas allowance.

Requirements To Apply For The NSFAS Allowance

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 who is known as a Vulnerable Child by the Department of Social Development should also provide a completed and signed Vulnerable Child Declaration and Consent Form.

How to Apply for NSFAS Allowance

Visit the NSFAS Application website: www.nsfas.org.za
Then, you click on the ‘myNSFAS’ tab
Create a myNSFAS account. If you don’t know how to create, click HERE
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

What You Need To Receive Your NSFAS Allowance

You will need your cell phone and a valid SIM card.
If you are a new student to NSFAS, you will need to sign your NSFAS Bursary Agreement.
Once you have been awarded your NSFAS Bursary then dial *134*176# and enter your ID number to verify & authenticate your account.
Your account password will be sent to you via SMS. You will be able to access your account by dialling *134*176#.
Cash may be withdrawn from any of the participating stores (Shoprite, Usave, Checkers, SPAR, Choppies or Boxer).

Nsfas Money Per Month 2023-2024

NSFAS Allowance 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

How To Take Out/Withdrawn Nsfas Money

The first step is to create a cash voucher:

Dial *134*176#
Enter your NSFAS wallet password
Select option 1. Cash Voucher
Enter amount
You will then get your voucher

The second step would be to go and withdraw it:

Go to a merchant which has partnered with NSFAS and Celbux
Through their NSFAS Wallet, they would then state how much they wish to withdraw
A voucher will then be produced
Present the voucher number to the merchant
You will then be given cash in exchange for the voucher

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