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How To Take Out/Withdrawn Nsfas Money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:

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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