how much does nsfas fund tvet colleges 2024-2025

By | October 24, 2022

how much does nsfas fund tvet colleges 2024-2025

how much does nsfas fund tvet colleges 2024-2025

how much does nsfas fund tvet colleges 2024-2025

The National Student Financial Aid Scheme is responsible for funding all qualifying students in the country’s public tertiary institutions. This is how it works for students in TVET colleges.

 

NSFAS also supports 50 TVET colleges throughout the country. But how exactly does this procedure work? According to NSFAS, here is what we know.

TVET College students currently receive their allowances through the NSFAS wallet system. NSFAS supervises and administers the TVET College Bursary Scheme on behalf of the Higher Education Department.

The National Student Financial Aid Scheme covers the following expenses for qualifying TVET students:

  • Registration & Tuition Fees
  • Personal Care Allowance
  • Transport Allowance
  • Accommodation Allowance

If your NSFAS student funding application as a TVET college student is approved, this is how your bursary will be distributed to you in more detail.

  • 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 ┬áper annum
  • Transport R7000 per annum
  • Incidental/personal care allowance R2900 per annum

TVET college students can apply for NSFAS student funding at the following locations: their TVET college bursary offices, online, and at the NSFAS headquarters. The application cycles are organized as follows:

Annual – online application and walk-in assistive capture application at the beginning of each year for National Certificate Vocation (NC(v)), Semester 1 and Trimester 1 –

Trimesters 2 and 3 of the DHET calendar are in May and September, respectively, and there is also a walk-in assistive capture application.

Semester 2 walk-in, June – July assistive capture application

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