How Much Does NSFAS Give Students

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How Much Does NSFAS Give Students

How Much Does NSFAS Give Students

Are you interested in knowing the amount NSFAS gives to its beneficiaries? worry no more, as this article gives detailed information about NSFAS payments. The National Student Financial Aid Scheme (NSFAS) is a South African government program that provides financial support to qualified students attending public universities and TVET institutes for higher education. One of the main worries for students and their families when it comes to pursuing higher education in South Africa is the expense. Fortunately, the National Student Financial Aid Scheme (NSFAS) is available to help qualifying students with much-needed financial aid. NSFAS is essential in making education available to people who may not have the financial resources to afford the fees of college, accommodation, and study materials.

READ: Will NSFAS Fund Education In 2024/2025?

How Much Does NSFAS Give Students

The amount of funding you can receive from NSFAS varies based on several factors. Below is a breakdown of NSFAS allowances;

UNIVERSITY

  • Accommodation: As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence)
  • Transport (up to 40 km from the institution) R7 500  per annum
  • Living allowance R15, 000  per annum
  • Book allowances R5200 per annum
  • Incidental/personal care allowance of R2900 per annum for students in catered residences

TVET

  • Accommodation in an urban area is R24,000 per annum
  • Accommodation in a peri-urban area is R18,900 per annum
  • Accommodation in a rural area is R15,750 per annum
  • Transport (up to 40 km from the institution) R7,350  per annum
  • Transport R7000 per annum
  • Incidental/personal care allowance R2900 per annum.

READ: Will NSFAS Fund Me If I Pass 50% Of My Modules?

How To Apply For NSFAS

Follow the detailed guide below to apply for NSFAS;

  • Visit the official website of NSFAS at:  www.nsfas.org.za
  • Click on the ‘myNSFAS’ tab.
  • Create a myNSFAS account with your personal information
  • Click on the ‘APPLY’ tab and complete the sections on the screen
  • Upload required supporting documents where applicable
  • Click on ‘Submit’.

Required Documents To Apply For NSFAS

NSFAS Applicants must provide the following documents;

  • 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.

READ: How Much Is NSFAS Allowance 2024-2025?

Contact NSFAS

NSFAS Virtual Contact Centre

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

The amount of support available from NSFAS is determined by criteria such as your family income, program of study, and expenses for living. You may take advantage of this useful financial help program and pursue your educational goals if you match the qualifying conditions and apply on time. Visit the official website of NSFAS for more information.

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