The National Student Financial Aid Scheme (NSFAS) is a government-funded organization that provides comprehensive bursaries and student loans to deserving students.
NSFAS funding covers tuition and registration fees, as well as offers various allowances to help students cover additional costs associated with their tertiary education.
Meaning of ‘Requesting Financial & Academic Data’ on NSFAS
When NSFAS receives an application, they review the student’s financial and academic eligibility.
A ‘Requesting Financial and Academic Data’ status indicates that NSFAS is awaiting data confirmation to assess eligibility.
What Does ‘Requesting Financial and Academic Data’ Mean?
This status means that NSFAS requires additional information to verify the student’s financial and academic details.
Applicants must meet the minimum academic requirements for admission to a tertiary institution and maintain satisfactory academic progress throughout their studies.
Academic Eligibility Criteria
To be eligible for NSFAS funding, applicants must:
- Meet Minimum Admission Requirements: Pass Grade 12 or equivalent with the qualifications needed to enrol in a higher education programme.
- Maintain Satisfactory Academic Progress: Pass a certain percentage of courses each year.
Financial Eligibility Criteria
NSFAS aims to assist students from low-income households. Eligibility criteria include:
- Household Income Threshold: Combined annual income below R350,000.
- Student Loan Option: Available for students with household income exceeding R350,000.
- Disabled Students: Household income of up to R600,000 may qualify for a NSFAS bursary.
For more information or assistance with your NSFAS application, contact NSFAS directly:
- Contact Centre: 0800 067 327
- Email: info@nsfas.org.za
- WhatsApp: +27 63 093 5671
- Office Address: The Halyard, 4 Christiaan Barnard St, Cape Town City Centre, Cape Town, 8001