NSFAS Wallet

NSFAS Wallet

Are you a South African student seeking a simple and effective way to handle your National Student Financial Aid Scheme (NSFAS) financial aid? Consider using the NSFAS Wallet. The NSFAS Wallet, also known as the National Student Financial Aid Scheme Wallet, is a digital financial platform that is part of South Africa’s National Student Financial Aid Scheme (NSFAS). It is intended to make the disbursement and management of financial assistance funding easier for qualified South African students attending universities and TVET institutions.

The NSFAS Wallet is a digital account into which approved NSFAS funds, such as tuition, accommodation, and living expenses, are deposited immediately. The digital wallet allows students to access and manage their money. Your NSFAS Wallet will enable you to withdraw cash and/or spend it at any NSFAS-registered business. Allowance amounts are decided by institutions and sent to NSFAS when you enrol.

READ: Does NSFAS Fund 2 Courses?

How To Get Started With NSFAS Wallet

To get started with the NSFAS Wallet, which is part of South Africa’s National Student Financial Aid Scheme, you must first complete several steps. Below are steps to get started with NSFAS Wallet\;

Receive an SMS welcoming you to the NSFAS Wallet
Verify your account by dialling *120*176# and reply with your ID number
Receive a password that you will use when transacting. Note that you need to keep this password secure at all times as anyone with access to your password may access or spend your money. It is advisable to log in to Celbux.appspot.com with your 5-digit password and update your password to something more secure and memorable.
Do not keep or save your password on your cell phone and always keep your cell phone’s screen locked with a password or pin.

Once your NSFAS Wallet account is created, you will receive a “Welcome” SMS instructing you to verify your account. Make sure you always have access to the cell phone number you provided during your application, as it will be used for depositing your funds. You can withdraw cash at Checkers, Boxer, U-Save, or select Spar stores, with daily limits ranging from R200 to R1000, while spending at registered stores has no limit, allowing you to use the full balance of your wallet.

READ: NSFAS Online Application 2025

Features Of The NSFAS Wallet

The wallet is made up of the following features;

Instant Fund Disbursement:

Say goodbye to long wait times for your financial aid. With the Wallet, funds are disbursed directly to your digital wallet, ensuring you have quick access to the money you need for tuition, textbooks, and other educational expenses.

Secure Transactions:

Security is a top priority. The NSFAS Wallet employs robust encryption and authentication measures to safeguard your financial data and transactions.

Convenient Expense Tracking:

Easily monitor your spending and manage your finances with the wallet’s built-in expense tracking tools. Stay on top of your budget and make informed financial decisions.

Mobile Accessibility:

Access your Wallet on the go via your mobile device or computer. It’s designed for convenience, allowing you to check your balance and make transactions anytime, anywhere.

READ: Can You Withdraw NSFAS Money?

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#

For general, student and Wallet enquiries

For all other queries regarding students:
Tel No.: 08000 67327
Email: info@nsfas.org.za

Physical Address

The Halyard, 4 Christiaan Barnard St,
Cape Town City Centre,
Cape Town, 8001

Visit the official website of NSFAS for more information. I hope the provided information is helpful, share your thoughts below in the comment section.

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