In a landmark move, the National Student Financial Aid Scheme (NSFAS Funds) has announced that it will fund college education for students in South Africa.
This is a major step forward for the country and means that more young people will be able to get the education they need to build a better future. The scheme will be rolled out in 2022 and will provide financial assistance to students who meet the eligibility requirements.
Related Post: About NSFAS
We are excited about this new development, and look forward to seeing the positive impact it has on our colleges and universities!
List of Colleges that Accept NSFAS Funding
If you’re looking for a college that accepts NSFAS funds applications, look no further! Here is a list of colleges in South Africa that accept NSFAS funding:
- University of Cape Town
- University of the Witwatersrand
- Stellenbosch University
- Rhodes University
- Nelson Mandela Metropolitan University
- University of KwaZulu-Natal
- University of the Western Cape
- University of Pretoria
- Walter Sisulu University
- TVET Colleges
Click here for a complete list of Colleges supported by NSFAS
Eligibility Criteria to Apply for NSFAS Funding Colleges
To apply for NSFAS funds, college applicants must meet the following criteria:
- You must be a South African citizen or permanent resident.
- You should intend to study full-time at an accredited public university or TVET college in 2022.
- Your family’s combined gross annual income should not exceed R350 000 per year.
- You must not have previously benefitted from NSFAS funding.
- You should be a first-time entering student in 2022.
- You should not be older than 30 years old when you begin your studies in 2022.
- If you are applying to study towards a medical or dental degree, you should not be older than 35 years old when you begin your studies in 2022.
- You must not have completed a college diploma or university degree before 2022.
- If you are currently studying and receiving NSFAS funding, but will be changing to a new course in 2022, you may still apply for NSFAS funding for your new course.
- You must be enrolled at a college or university that has signed a Memorandum of understanding (MOU) with NSFAS for the 2022 academic year.
- You should be able to demonstrate financial need.
- You should not have outstanding debt from any other student funding institution.
- You should not be registered for a part-time course.
- You should not be studying through correspondence.
- You should not be enrolled at a private college or university.
- If you are enrolled at a college that offers both full-time and part-time courses, you may only apply for NSFAS funding if you are enrolled for full-time studies.
- You should not be enrolled at a college that only offers part-time courses.
- If you are studying towards a higher certificate or diploma, you may only apply for NSFAS funding if your course is accredited by the South African Qualifications Authority (SAQA) and is included on the list of priority areas for funding.
- If you are studying towards a bachelor’s degree, you may only apply for NSFAS funding if your course is accredited by the South African Qualifications Authority (SAQA).
- You should not be enrolled at a college or university outside of South Africa.
- You should not be enrolled at a college or university that is not accredited.
- You should not have already completed your course of study.
- If you are employed, you may only apply for NSFAS funding if you are employed on a contract of 24 months or less.
Related Post: NSFAS Requirements 2022
- If you are self-employed, you may only apply for NSFAS funding if your business is registered and has been operational for 24 months or less.
- You should not have previously received a bursary or scholarship from another institution.
- If you are currently receiving a bursary or scholarship from another institution, you may still apply for NSFAS funding, but the value of the bursary or scholarship will be deducted from your NSFAS allowance.
- You should not have been found guilty of any academic offense.
- If you have been found guilty of an academic offense, you may still apply for NSFAS funding, but you will need to provide an explanation of the offense.
- You should not have been found guilty of any criminal offense.
- If you have been found guilty of a criminal offense, you may still apply for NSFAS funding, but you will need to provide an explanation of the offense.
- You should not be under any form of disciplinary action from your college or university.
- If you are under disciplinary action from your college or university, you may still apply for NSFAS funding, but you will need to provide an explanation of the disciplinary action.