When Can I Expect My Nsfas Money 2023-2024
When Can I Expect My Nsfas Money 2023-2024
When Can I Expect My Nsfas Money 2023-2024: NFAS begins to disburse students’ allowances to their NSFAS Wallets in the first week of the month. The disbursement of the allowances is not simultaneous for all students. This means your friend may receive his or her allowances earlier than you. However, you’ll receive yours in the same first week of the month and you shouldn’t be worried thinking that you’ll not be paid when your colleagues get theirs earlier.
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How To Take Out/Withdrawn Nsfas Money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
RELATED LINKS
For more information on nsfas click here