Can You Withdraw NSFAS Money?
Can You Withdraw NSFAS Money?
Are you a South African student receiving financial assistance from the National Student Financial Aid Scheme (NSFAS) and wondering if you can withdraw the funds allocated to you? The answer is YES. You can withdraw NSFAS money through your NSFAS Wallet. Your NSFAS Wallet will allow you to withdraw cash and/or spend at any merchant registered by NSFAS.
NSFAS funding is primarily meant to support your tuition, living expenses, and other study-related costs. While the system discourages students from withdrawing money for non-educational purposes, withdrawals may be permitted in certain situations.
READ: Will NSFAS Fund Me for 5 Years?
NSFAS Money Withdrawal
Your NSFAS Wallet will enable you to withdraw cash and/or spend it at any NSFAS-registered business. Allowance amounts are decided by institutions and sent to NSFAS when you enrol. To withdraw your NSFAS money, you need to create your NSFAS wallet account. Follow the steps to create your wallet account;
How to get started (1st time users)?
READ: NSFAS Contact Details Toll Free
General NSFAS Wallet Information
Required Documents To Recieve Your NSFAS Allowance Through NSFAS Wallet
Provide the following to receive your allowance via your wallet;
READ: How Much Is Pocket Money For NSFAS?
Contact NSFAS
NSFAS Virtual Contact Centre
We are available to assist through the following channels:
For general, student and NSFAS Wallet enquiries
Physical Address
Visit the official website of NSFAS for more information. I hope the provided information is helpful, share your thoughts below in the comment section.
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