How Does NSFAS Fund
How Does NSFAS Fund
Are you a South African student who wants to further your studies but is limited by financial constraints? The National Student Financial Aid Scheme (NSFAS) Fund might be the key to achieving your academic goals. In this post, we will walk you through the NSFAS application process, qualifying requirements, and the transformative influence it may have on your educational path. The National Student Financial Aid Scheme is a South African government initiative that provides financial assistance to qualified students seeking to pursue higher education.
Since its inception in 1991, NSFAS has played an essential part in making tertiary education more accessible to students from low-income families. The primary goal of NSFAS is to ensure that no worthy student is denied entry to higher education due to financial constraints.
READ: How Much Does NSFAS Give Students
NSFAS Eligibility Criteria
NSFAS provides financial relief to students by converting a significant portion of the loan into a bursary that enables students to enrol in reputable institutions, thereby enhancing the overall quality of education in South Africa. To be eligible for this program, you must meet the following requirements;
- 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.
Documents To Apply For NSFAS
NSFAS applicants must submit the following documents to apply for funding;
- Copy of student ID / Birth certificate
- Copy of parent/s or guardian/ spouse ID
- Smart card: both sides of the card required
- Proof of income (where applicable)
- Persons living with disability (Disability Annexure A form)
- An applicant who is recognised as a vulnerable child by the Department of Social Development must provide a completed Vulnerable Child Declaration form completed by a social worker
- An applicant who has indicated that s/he has no family member details and or abridged birth certificate must complete the Declaration: Non-SASSA.
NSFAS Application Procedure
To apply for NSFAS funding, follow the steps below;
Step 1: Go to www.nsfas.org.za and click on the ‘myNSFAS’ tab.
*Step 2: Create a myNSFAS account
Step 3: Click on the ‘APPLY’ tab and complete the sections on the screen
*Step 4: Upload required supporting documents where applicable
Step 5: Click on ‘Submit’.
READ: Can You Withdraw NSFAS Money?
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#
The NSFAS Fund is an invaluable resource for South African students seeking financial assistance to further their studies. If you match the qualifying requirements, don’t wait to apply and open the door to a better educational future. Visit the official website of NSFAS for more information.
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