National Student Financial Aid Scheme 2024-2025
National Student Financial Aid Scheme 2024-2025
National Student Financial Aid Scheme 2024-2025: The National Student Financial Aid Scheme is a South African government student financial aid scheme which provides financial aid to undergraduate students to help pay for the cost of their tertiary education after finishing high school. It is funded by the Department of Higher Education and Training. The scheme was established in terms of the National Student Financial Aid Scheme Act 56 of 1999.
What does the bursary cover?
Amounts indicated for accommodation, living allowance, transport and learning materials need to be aligned with the approved latest DHET guidelines.
UNIVERSITY
- Accommodation
As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence) - Transport (up to 40 km from the institution) R7 500 per annum
- Living allowance R15, 000 per annum
- Book allowances R5200 per annum
- Incidental/personal care allowance R2900 per annum for students in catered residences
TVET
- Accommodation in an urban area R24,000 per annum
- Accommodation in a peri-urban area R18,900 per annum
- Accommodation in a rural area R15,750 per annum
- Transport (up to 40 km from the institution) R7,350 per annum
- Transport R7000 per annum
- Incidental/personal care allowance R2900 per annum
Who should apply?
To qualify for NSFAS funding, students will have to meet the following criteria:
- Must be a South African citizen.
- Academically deserving and can demonstrate the ability to succeed in your studies.
- Applied or are applying to study at a public university for a qualification.
- You need to have passed Grade 12 to receive NSFAS funding to study at a university.
- Applicants whose combined household income is not more than R350 000 per annum
- A person with a disability with a combined household income of no more than R600 000 per annum.
- Students who started studying before 2018 whose household income is not more than R122 000 per annum.
Required Supporting Documents To Create NSFAS Account.
To complete your NSFAS Bursary Online Application for 2024-2025, you must have the following information:
- You must have a phone number and an email address of your own.
- A copy of your ID or birth certificate is required.
- You should also provide copies of your parents’, guardians’, or spouse’s identification cards.
- 1 year’s worth of IRP5 or proof of income (if applicable,)
- Proof of income from your parents, guardians, or spouse
- SASSA grant beneficiaries are not required to show proof of income.
- All disabled applicants must present a completed and signed Disability Annexure. A Document
- All applicants who have been identified by the Department of Social Development as Vulnerable Children must also submit a completed and signed Vulnerable Child Declaration and Consent Form. Application Status for NSFAS
How to Apply for NSFAS Bursary Online Application
- Visit the NSFAS Application website: www.nsfas.org.za
- Then, you click on the ‘myNSFAS’ tab
- Create a myNSFAS account. If you don’t know how to create, click HERE
- Click on the ‘APPLY’ tab
- Update your personal information
- Answer the questions you see on the screen
- Upload all the required supporting documents
- Finally, you click on ‘submit’
How to Check NSFAS Application Status
In order to check NSFAS Application Status, you must follow the simple steps below:
- Visit NSFAS Status website: www.nsfas.org.za
- Then, log in to myNSFAS account, if you don’t have one, create one. Click HERE
- Enter your User ID
- Type in the password you created during the application process.
- Click “Track Funding Progress” to check your NSFAS Application Status.
RELATED LINKS
For more information on nsfas click here