How Much Is Pocket Money For NSFAS 2025
How Much Is Pocket Money For NSFAS 2025
The National Student Financial Aid Scheme (NSFAS) has been a lifeline for many South African students, allowing them to pursue higher education and achieve their academic goals. While NSFAS largely covers tuition, books, and housing, it also acknowledges the need for students to have some pocket money for daily costs. Pocket money, often known as a living allowance, is a cash allocation given to NSFAS participants to help them with their everyday living expenditures while they study. This allowance is meant to assist students in covering expenditures such as transportation, food, toiletries, and other necessities for maintaining a reasonable quality of life while attending university or college.
READ ALSO: How Much Does NSFAS Pay Per Student Per Month 2025?
NSFAS Bursary Pocket Money
Nsfas provides a living allowance of R15,000 per annum and Incidental/personal care allowance of R2900 per annum for students in catered residences for eligible university students. However, NSFAS provides an Incidental/personal care allowance of R2900 per annum for eligible TVET students.
What Does the NSFAS Bursary cover?
Amounts indicated for accommodation, living allowance, transport and learning materials need to be aligned with the approved latest DHET guidelines.
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
Who Qualifies to Apply for NSFAS 2025
To apply for NSFAS, you must meet the following criteria:
- All SASSA grant recipients
- Must have email and cell phone number
- Be a South African citizen with a valid ID number
- Be a first-time entering university or TVET college student
- Household income must not exceed R350,000 per annum
- Must meet the academic requirements for admission to a university or TVET college
- For persons living with disabilities, household income should not exceed R600 000 per annum.
Who Does Not Qualify For NSFAS 2025
The following people must not apply for NSFAS funding;
- Students who have completed a previous qualification.
- Students with a combined household income of more than R350 000 per annum.
- Students who have already applied, qualified and received funding. They are automatically funded for the duration of their studies provided they pass their modules and meet the academic requirements.
How To Apply For NSFAS Funding 2025
Before applying for NSFAS funding. ensure that you meet the admission requirements of NSFAS. Follow the steps below to apply for NSFAS 2025;
- 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’.
Contact NSFAS
Contact NSFAS through the following details;
Email: info@nsfas.org.za
Facebook: National Student Financial Aid Scheme
Twitter: @myNSFAS
Instagram: @myNSFAS
WhatsApp: +27 78 519 8006
USSD:*120*67327#
Visit the official website of NSFAS for more information.
RELATED LINKS