How Much Is Pocket Money For NSFAS 2026

The National Student Financial Aid Scheme (NSFAS) is a government program that helps many students in South Africa pay for their higher education. It gives financial assistance so that young people can attend college or university, even if their families don’t have enough money to cover all the costs. NSFAS pays for important things like tuition fees, learning materials, and a place to stay. But it also knows that students need extra money to handle daily expenses while studying.

This extra money is called pocket money or a living allowance. It is meant to help students pay for everyday needs so they can focus on their studies without constant financial stress. The living allowance is usually paid every month straight into the student’s bank account or NSFAS card. Students can then use it to buy food, toiletries, and other personal items. They can also pay for transport to get to campus or attend classes.

For many students, this pocket money makes a big difference. It helps them avoid worrying about how they will cover basic costs while they complete their courses. Instead of being distracted by financial problems, they can put their energy into their education. NSFAS doesn’t only cover tuition and accommodation—it also cares about students’ everyday well-being. By providing a living allowance, NSFAS supports students in living decently and succeeding in their studies.

Learn more: How Much Is NSFAS Money 2026

Eligibility for NSFAS Funding 2026

To apply for NSFAS, you must meet the following criteria:

All SASSA grant recipients
Must have an 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.

Breakdown of NSFAS Allowances for 2026

NSFAS allowances help cover living costs, books, and personal needs. The amount depends on your type of college and where you live.

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 Does Not Qualify For NSFAS 2026

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.

Learn more: NSFAS Allowance 2026

How To Apply For NSFAS Funding 2026

Before applying for NSFAS funding. Ensure that you meet the admission requirements of NSFAS. Follow the steps below to apply for NSFAS 2026;