How Many Years Does NSFAS Cover

By |

How Many Years Does NSFAS Cover

How Many Years Does NSFAS Cover

*How Many Years Does NSFAS Cover: The National Student Financial Aid Scheme (NSFAS) is a South African government initiative that assists financially disadvantaged students in gaining entrance to and completing their higher education. NSFAS provides loans and bursaries to pay different expenditures associated with higher education, including tuition, housing, and study materials.NSFAS usually covers the duration of your undergraduate degree.

In most circumstances, this implies that NSFAS will cover the whole cost of your first bachelor’s degree. Depending on the curriculum and educational institutions, this might range from four to five years.

READ: What Does NSFAS Bursary Cover

How To Maintain Your NSFAS Funding

The following factors must be considered in order to continue receiving NSFA funding;

  • Academic Progress:

In order to keep NSFAS funding, students must typically achieve the minimum academic performance standards. Failure to meet these requirements may result in NSFAS assistance being suspended or withdrawn.

  • Course period:

Typically, the period of coverage is connected to the normal term of your selected program. If your program is longer than usual for academic reasons, NSFAS may not fund the extra years.

  • Qualification of Study:

NSFAS is primarily concerned with undergraduate qualifications. Postgraduate students seeking master’s or doctorate degrees may be ineligible for NSFAS funding.

  • Reapplication:

Students must typically reapply for NSFAS support each year. The continuation of assistance is subject to your eligibility and the availability of funds.

  • Financial Eligibility:

NSFAS gives preference to students from low-income families. Your family’s financial position determines your eligibility for assistance.

  • Bursaries/Loans:

Some NSFAS funds are offered as a bursary (non-repayable), while other sections may be in the form of a loan, which must be returned after your studies are over.

READ: How Much Is NSFAS Allowance 2024-2025?

Who Can Apply For NSFAS Funding?

The following people are eligible to apply for NSFAS funding to pursue Higher education;

  • 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.

Required Documents to Apply For NSFAS

The following documents must be submitted to support the NSFAS application;

  • 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.

How To Apply For NSFAS Funding

Follow the steps below to complete the NSFAS application;

  • Visit the official website of NSFAS at: www.nsfas.org.za
  • 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 Me If I Fail 60% Of My Modules?

NSFAS Contact  Details

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

NSFAS coverage normally lasts for the three to four years required to earn an undergraduate degree, which is the industry standard. To continue receiving NSFAS funding, students must maintain academic progress, reapply yearly, and fulfil other eligibility conditions. Visit the official website of NSFAS for more information.

RELATED LINKS

Leave a Reply

Your email address will not be published. Required fields are marked *