Can NSFAS Fund My Second Degree

Can NSFAS Fund My Second Degree

Are you looking forward to pursuing your second degree with NSFAS Funding? well, NSFAS mainly focuses on funding first-time undergraduate degrees, which means that if you’ve already obtained one degree, securing NSFAS funding for a second degree can be challenging.

NSFAS is a South African government project that provides financial assistance to qualified students pursuing higher education. It primarily provides loans and bursaries to undergraduate students in South Africa to finance tuition, housing, and study materials.NSFAS does include options for people seeking a postgraduate degree or a second undergraduate degree, even though it primarily targets undergraduate study. When deciding whether to grant you a loan for a second degree, NSFAS into consideration how well you performed academically in your first degree. To qualify, you have to meet the minimum academic requirements.

READ: NSFAS My Status

NSFAS Eligibility Requirements For Application

To be eligible for NSFAS, you must meet the below criteria;

Must be a South African citizen / permanent resident
Combined gross household income should not exceed R350 000 per annum
Combined gross household income (persons living with disabilities) should not exceed R600 000 per annum
SASSA recipients automatically qualify for financial eligibility
Must have email and cell phone number.

How To Apply For NSFAS

Follow the step-by-step guide below to apply online for NSFAS;

Go to www.nsfas.org.za and click on the ‘myNSFAS’ tab.
Create a myNSFAS account
Click on the ‘APPLY’ tab and complete the sections on the screen
Upload required supporting documents where applicable
Click on ‘Submit’.

READ: Will NSFAS Fund Education Students In 2024/2025?

Documents To Apply For NSFAS

All applicants must provide;

a copy of their ID. A temporary ID issued by the Department of Home Affairs will be accepted.
Non-SASSA applicants must provide ID copies of parent/s, legal guardian/guardian or spouse.
Smart ID cards: a copy with both sides of the smart ID must be provided.
Proof of income: applicant and/or parents/legal guardian/spouse (where applicable (non-SASSA) should provide the latest payslip not older than 3 months, UIF letter, appointment letter, retrenchment letter (applicant and/or parent(s), legal guardian/spouse)
Passports/Driver’s licenses will not be accepted as proof of ID.

Points NSFAS May Consider Funding Second-Degree

NSFAS may consider you for your second degree depending on the following points;

Previous NSFAS support: If you obtained support for your first degree, you are eligible to apply for additional funding for your second degree. However, the overall amount of funds you may obtain from NSFAS is limited, so make sure you satisfy their criteria.
Academic achievement: When determining your eligibility for a second-degree loan, NSFAS analyzes your academic achievement in your prior degree. To qualify, you must meet the minimal academic criteria.
Financial Eligibility: As with the first degree, your financial condition will be evaluated to see if you fit the criteria for support. This involves taking into account your family’s income as well as other financial conditions.

READ: NSFAS My Status

Contact NSFAS

Email: info@nsfas.org.za
Facebook: National Student Financial Aid Scheme
Twitter: @myNSFAS
Instagram: @myNSFAS
WhatsApp: +27 78 519 8006
USSD:*120*67327#

NSFAS can support your second degree in South Africa if you match their eligibility criteria and meticulously complete the application process. Visit the official website of NSFAS for more information.

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