The National Student Financial Aid Scheme (NSFAS) is a government entity in South Africa that provides financial support to disadvantaged students who wish to further their studies at public universities or TVET colleges.
If you’re a student from a family with an income of R350,000 or less in South Africa, you may be eligible for NSFAS funding.
Who Qualifies for NSFAS Funding?
- South African citizens
- SASSA grant recipients
- Applicants with a combined household income of R350,000 or less per annum
- Persons with disabilities (combined household income not exceeding R600,000 per annum)
- Students who started studying before 2018 with a household income of R122,000 or less per annum
To increase your chances of qualifying for NSFAS funding, it’s essential to understand the eligibility criteria and application process.
Total NSFAS Funding Amount in South Africa
The National Student Financial Aid Scheme (NSFAS) bursary covers various expenses to support students in their academic pursuits.
The funding is allocated to help students cover essential costs, ensuring they can focus on their studies without financial burdens.
University Students
- Accommodation (actual costs or university residence costs)
- Transport (up to 40 km from institution): R7,500 per annum
- Living allowance: R15,000 per annum
- Book allowances: R5,200 per annum
- Incidental/personal care allowance: R2,900 per annum (for students in catered residences)
TVET College Students
- Accommodation:
- Urban area: R24,000 per annum
- Peri-urban area: R18,900 per annum
- Rural area: R15,750 per annum
- Transport (up to 40 km from institution): R7,350 per annum
- Transport: R7,000 per annum
- Incidental/personal care allowance: R2,900 per annum
The NSFAS funding covers various expenses, including accommodation, transport, living allowance, and book allowances.
How to Apply for NSFAS Funding
To apply for NSFAS funding, you’ll need to:
- Visit the NSFAS website and create an account.
- Fill out the application form and provide required documents.
- Submit your application before the deadline.
It’s crucial to apply early, as funding is limited and allocated on a first-come, first-served basis.
Who Should Not Apply?
- Students who have completed a previous qualification
- Students with a combined household income exceeding R350,000 per annum
- Students who have already applied, qualified, and received funding (they are automatically funded for the duration of their studies if they pass their modules and meet academic requirements)