Who Funds NSFAS 2026
Who Funds NSFAS 2026
If you’re planning to study at a university or TVET college in South Africa in 2026, you might be wondering who pays for NSFAS. This is a good question because understanding how NSFAS is funded helps explain how it continues to support so many students each year. The main source of funding for NSFAS comes from the South African government. Specifically, it’s funded through the Department of Higher Education and Training (DHET). Each year, the government sets aside a large budget to help students from low-income households get access to higher education.
This shows just how serious the government is about investing in the country’s future through education. But the government isn’t the only supporter. NSFAS also works with other partners to keep the program going. These include other government departments, private companies, and even some non-profit organizations. Together, they help fund special bursary programmes for specific fields of study or certain groups of students.
Thanks to these combined efforts, NSFAS can provide financial assistance that covers tuition fees, accommodation, textbooks, and even living expenses. So, when we talk about who funds NSFAS in 2026, it’s not just one organization—it’s a network of contributors all working together to help students succeed. This kind of support is essential for giving everyone a fair chance to reach their academic goals.
Learn more: Will NSFAS Fund Education In 2026?
NSFAS Funders
NSFAS funders are government departments (national, provincial, and local), government agencies, Sector Education and Training Authorities (SETAs), private companies, and philanthropic organizations that have signed an agreement with NSFAS to provide funding for loans and bursaries administered through NSFAS. NSFAS has formed and cultivated relationships with a variety of industry stakeholders throughout the years. These ties must be nurtured, and new partnerships/relationships formed to leverage and utilize fresh funding.
NSFAS Funding Sources 2026
NSFAS receives funding from the following;
South African Government:
The South African government is a major source of funding for NSFAS. The government devotes a considerable percentage of its budget to higher education, with a particular emphasis on assisting students who cannot afford to pay for their studies. This financial assistance helps you fund education, accommodation, and other necessary expenses.
Other Funding Partners Working with NSFAS
NSFAS doesn’t work alone. It also helps manage bursary programs funded by different government departments and organisations. These partnerships help support even more students, especially those studying in high-demand fields or coming from challenging backgrounds. Here’s a breakdown of who some of these partners are:
Funza Lushaka (Department of Basic Education):
National Skills Fund (NSF):
Department of Employment and Labour (COID):
Truth and Reconciliation Commission (TRC) – DHET Reparations:
Department of Military Veterans (DMV):
Department of Agriculture, Land Reform and Rural Development (DALRRD):
Learn more: Can A 35 -Year -Old Apply For NSFAS?
Rural Education Access Programme (REAP):
Sector Education and Training Authorities (SETAs):
Eligibility Criteria for NSFAS Funding
To qualify for NSFAS funding, applicants must meet specific criteria:
NSFAS Contact Details
Government allocations, gifts, repayments, investments, borrowing, partnerships, and institutional contributions all contribute to NSFAS’s funding. This diverse financing strategy guarantees that the National Student Financial Aid Scheme can continue to fulfil its essential objective of providing financial support to South African students in need. Visit the official website of NSFAS for more information.
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