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 |
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How To Take Out/Withdrawn Nsfas Money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