What Is The 55% Rule For NSFAS?

What Is The 55% Rule For NSFAS?

Are you a South African student interested in furthering your education but concerned about the costs? The National Student Financial Aid Scheme (NSFAS) is intended to assist students in financial need. To increase your chances of receiving NSFAS funding, you must grasp the 55% rule. In this post, we’ll look at the 55% rule for National Student Financial Aid Scheme and how it might help you.

READ: Will NSFAS Fund Me If I Fail 60% Of My Modules?

What Is The 55% Rule For NSFAS?

The NSFAS 55% rule is a key qualifying factor that determines whether you qualify for NSFAS financial aid. Simply defined, this law mandates a minimum academic achievement of 55% in your Grade 12 final examinations. This percentage is based on your overall performance in six recognized subjects.Continuing university students must obtain a progressive course credit pass rate of 55% by the 2024 academic year. NSFAS hopes to encourage students to continue giving their all to their studies by instituting minimum credit ratings. In 2024, NSFAS will evaluate the N+ for remote university students, and academic qualifications will gradually increase from 55% to 60%.

NSFAS evaluates the marks from six particular topics in your Grade 12 final examinations to determine if you satisfy the evel. Depending on the curriculum you choose to follow, these topics are often a combination of required and optional subjects. It is critical that you select the subjects thoughtfully and do well in them.The total of your scores in the chosen six topics is added up, and the result is divided by six to determine your composite percentage. You fulfill the academic requirements for NSFAS if this aggregate percentage equals or surpasses 55%. Students are encouraged to strive for academic achievement by the 55% rule. NSFAS guarantees that its support is allocated toward students who are dedicated to their studies by establishing a minimal threshold.The rule serves as a filter, allowing NSFAS to operate.

READ: When Can I Apply For NSFAS For 2024-2025

Who Qualifies For NSFAS?

To be eligible for NSFAS funding, You must be a South African citizen or permanent resident to apply. The combined total household income should not be more than R350 000 per year. The combined total family income of disabled people should not exceed R600,000 per year. SASSA recipients are automatically eligible for financial assistance. An email address and a cell phone number are required. Students who began their studies prior to 2018 and have a combined household income of no more than R122 000 per year.

How To Apply for NSFAS 2024-2025

NSFAS application is simple, straightforward and convenient and must be done on the official website of NSFAS. Follow the steps below to apply for 2024-2025 funding;

• Go to www.nsfas.org.za and click on the ‘myNSFAS’ tab.
• Create a myNSFAS account.
• Click on the ‘APPLY’ tab and complete the sections on the screen.
• Upload required supporting documents where applicable.

1. A certified copy of your ID document or birth certificate
2. Proof of income for yourself and your parents or guardians, such as salary slips or an affidavit
3. A certified copy of your latest academic results or a statement of results
4. A letter of acceptance from the tertiary institution you will be attending
5. A completed and signed NSFAS bursary application form

• Click on ‘Submit’.

READ: How Long Does NSFAS Fund A 3 Year Course?

Contact NSFAS

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 NSFAS 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

The NSFAS 55% rule is an essential aspect of the application procedure. Meeting this academic benchmark not only increases your chances of receiving financial help, but it also positions you for academic success. Remember that NSFAS exists to help students who are committed to their education, so utilize the 55% rule to motivate you to achieve in your studies and follow your aspirations. Visit the official website of NSFAS for more information.

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