How Much Does NSFAS Pay For Accommodation?

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How Much Does NSFAS Pay For Accommodation?

How Much Does NSFAS Pay For Accommodation?

The National Student Financial Aid Scheme (NSFAS) serves an important role in assisting South African students in gaining entry to higher education. Accommodation money is an essential part of the numerous types of help it provides. You’ve come to the right place if you’re wondering how much NSFAS pays for accommodation. In this essay, we’ll go through the specifics of NSFAS accommodation assistance and eligibility requirements. The amount paid for accommodation by NSFAS varies depending on various criteria, including your institution, the type of housing, and the cost of living in the area.

NSFAS gives a specific amount for accommodation, which is assessed on a regular basis to keep up with inflation and changing living costs.

READ: How Many Months Does NSFAS Pay?

How Much Does NSFAS Pay For Accommodation?

The amount of the allowance may also vary depending on the kind of accommodation you select. NSFAS generally covers both on-campus and off-campus housing. However, depending on your selection, the allowance may differ. The amounts mentioned for lodging, living allowance, transportation, and learning materials must be consistent with the most recent DHET rules. NSFAS bursary covers;

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 institution) R7 500  per annum
  • Living allowance R15, 000  per annum
  • Book allowances R5200 per annum
  • Incidental/personal care allowance R2900 per annum for students in catered residences

TVET

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

READ: Do You Have To Pay NSFAS Back 2024/2025?

Who can Apply For NSFAS 2024/2025

The following people can apply for NSFAS funding;

  • All South African citizens
  • All SASSA grant recipients qualifies for funding
  • Applicants whose combined household income is not more than R350 000 per annum
  • Person with disability: Combined household income must not be more than R600 000 per annum
  • Students who started studying before 2018 whose household income is not more than R122 000 per annum.

NSFAS Application Process 2024/2025

Follow the steps below to apply for NSFAS;

  • Visit the NSFAS portal at https://www.nsfas.org.za/
  • Select the “Create an account” tab where you will be required to fill in your ID number, first and last name, email address, contact number and your selected password
  • You will then be required to validate your account and the information you have provided
  • After creating your account, you will be able to select the “Login” tab and log in by filling in your ID number and password.
  • Fill in all the required information and upload your supporting documents.
  • Submit your application before the closing date.

READ: NSFAS Application For 2024-2025

Contact NSFAS

We are available to assist through the following channels:

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

NSFAS provides accommodation allowances to qualifying South African students in order to alleviate the financial strain of pursuing higher education. The amount you get is determined by a number of variables, including your location, type of housing, financial need, family income, and course of study. Visit the official website of NSFAS for more information.

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