NSFAS Sign Your NBA

NSFAS Sign Your NBA

NSFAS is a government agency that helps qualified South African students access and succeed in higher education by providing financial support. Its main goal is to make sure no deserving student misses out on further studies because they can’t afford it. If you are a First-Time Entering Student (FTEN) or a new senior student applying for NSFAS funding for the first time and get approved, you will need to sign the NSFAS Bursary Agreement, often called the NBA.

The National Bursary Agreement (NBA) is a legal contract between you and NSFAS. It clearly explains the details of your funding, such as the amount you will receive, any repayment terms if applicable, and what you are expected to do as a student. By signing this agreement, you show that you understand and accept these terms. This step is very important because it confirms your commitment and allows NSFAS to release the funds to cover your tuition fees and other costs.

Knowing why the NBA matters and how to sign it can help you make the most of the support NSFAS gives you. In this guide, we will look at why signing your NBA is crucial and walk you through the simple steps to complete the process, ensuring your funding is smooth and your studies go uninterrupted.

Learn more: NSFAS Coinvest Sign Up

Who Needs to Sign the NBA?

• First-time NSFAS beneficiaries must sign the NSFAS Bursary Agreement (NBA).
• Students who have just been approved for NSFAS funding also need to sign it.
• Returning students do not need to sign again if they have already signed it in previous years.
• However, if the NBA has been updated, even returning students must sign the new version.

Features Of NSFAS NBA

The NSFAS comprises the following;

Academic advancement:

• The NBA has laws about academic advancement. To continue receiving NSFAS funding, you must achieve adequate academic progress and pass your courses.
• Academic failure may result in the suspension of your funding.

Financial Information:

• The amount of funds you will get from NSFAS is specified by the NBA.
• This support usually includes tuition, housing, and a living allowance.

Repayment Terms:

• The payback terms are one of the most important parts of the NBA. While NSFAS strives to reduce financial burdens on students while they are studying, recipients are expected to repay the bursary after they have completed their education and are employed.
• Repayment is calculated on a sliding basis based on your income, ensuring that it remains reasonable.

Honest Reporting:

• You must supply NSFAS with correct and up-to-date information during your study.
• To prevent problems, any changes in your personal or financial situations must be disclosed as soon as possible.

How To Sign the NSFAS NBA

Signing an NBA agreement gives you access to the financial resources you need to pursue further education. NSFAS pays necessary expenses such as tuition, housing, and living expenses, easing the financial strain on students and their families. Therefore, follow the steps below to sign your agreement form;

• STEP 1

You will receive an email notification to sign online.

• STEP 2

The email will contain a link to the online portal. Click on the link.

• STEP 3

You will be required to input your ID number to receive a one-time PIN (OTP).

• STEP 4

The OTP will be sent through an SMS to the cell phone number registered with NSFAS.

• STEP 5

Enter the OTP and sign the NBA online.
Once you have signed, you will see a notification stating that the Terms and Conditions of the agreement have been submitted, which indicates that you have signed successfully.

Learn more: NSFAS Bursary Agreement

NOTE: When you are completed, you will see on the screen that the Terms and Conditions have been submitted. This implies you have signed your NSFAS bursary agreement successfully. If you are under the age of 18, your parent or legal guardian must sign on your behalf.

NSFAS Contact Details

NSFAS Virtual Contact Centre

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#

Signing your NBA with NSFAS is an important step toward attaining your educational and professional objectives. It not only provides you with the required financial assistance, but it also specifies your obligations and expectations as a bursary recipient. Visit the official website of NSFAS for more information.

RELATED LINKS