Is it true that NSFAS is increasing allowance for 2023? Archives - Education, insurance and loans https://nsfasapply.com/tag/is-it-true-that-nsfas-is-increasing-allowance-for-2023/ Fri, 16 Dec 2022 11:00:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/nsfasapply.com/wp-content/uploads/2025/09/cropped-NSFASAPPLY.COM_.png?fit=32%2C32&ssl=1 Is it true that NSFAS is increasing allowance for 2023? Archives - Education, insurance and loans https://nsfasapply.com/tag/is-it-true-that-nsfas-is-increasing-allowance-for-2023/ 32 32 248524355 When Will I Receive My Nsfas Allowance 2023-2024 https://nsfasapply.com/when-will-i-receive-my-nsfas-allowance/ Fri, 16 Dec 2022 11:00:18 +0000 https://nsfasapply.com/?p=1077 When Will I Receive My Nsfas Allowance 2023-2024 When Will I Receive My Nsfas Allowance 2023-2024 When Will I Receive My Nsfas Allowance 2023-2024: In the first week of each month, NFAS starts transferring students’ allowances to their NSFAS Wallets. Not all students receive their allowances at the same time. This implies that your friend… Read More »

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When Will I Receive My Nsfas Allowance 2023-2024

When Will I Receive My Nsfas Allowance 2023-2024

When Will I Receive My Nsfas Allowance 2023-2024: In the first week of each month, NFAS starts transferring students’ allowances to their NSFAS Wallets. Not all students receive their allowances at the same time. This implies that your friend might get their allowance earlier than you do. You will receive yours during the same first week of the month, so you shouldn’t worry that you won’t get paid because colleagues get theirs earlier.

Nsfas Money Per Month

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
NSFAS monthly allowances for TVET College Students

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How To Take Out/Withdrawn Nsfas Money

The first step is to create a cash voucher:

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

The second step would be to go and withdraw it:

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

RELATED LINKS

For more information on nsfas click here

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