According to the latest NSFAS guidelines for 2022/23, the candidate should be a citizen of the Republic of South Africa. Only those candidates who belong to a family that has less than R350 000 annual income are eligible for NSFAS funding. However, disabled ( only physical problem) students with an annual household income of up to R600 000 are still eligible for NSFAS funding.
Everyone has the right to education! Says South African Constitution.
Every individual is entitled to basic education under the Republic of South Africa Constitution, Act 108 of 1996. There is no more hurdle if a person has a poor financial condition, the NSFAS has established an opportunity to provide bursaries to eligible candidates to keep continuing their education.
With the collaboration of the Minister of Higher Education of South Africa, the NFSAS took the responsibility to develop the literacy rate so that those who are living in underdeveloped areas can still educate themselves.
What is NSFAS?
The National Student Financial Aid Scheme (NSFAS) is a funding program for eligible students that was started by the government of South Africa with the help of MoE. The main motive of this program is to accommodate those candidates who belong to poor families but still want to continue their education.
By applying to this program students can get financial support and start their education in colleges and universities. Hence, those candidates who can’t afford the educational fees but dream of higher education can get funding from NFSAS. Here is the complete NSFAS Guidelines for eligible students
To be eligible for NSFAS funding, students must:
- Be a South African citizen
- Prove financial need.
- Meet the academic requirements of the chosen institution.
- An undergraduate program at a public university or TVET college must be accepted or enrolled.
To apply for NSFAS funding, students must:
- Submit a completed application form.
- Attach all required supporting documents.
- Submit the completed application form and supporting documents to the university or TVET college where you have been accepted for study.
- The NSFAS funding covers the cost of tuition, books, and accommodation for eligible students. Additionally, NSFAS funding recipients receive a stipend to help them pay for living expenses.
How Much Does NFSAS Pay To Students?
The teams at NSFAS work tirelessly to provide as much financial support to students as possible. While the amount awarded to each student varies depending on need and other factors, the average NSFAS grant is around R11 000 per year. This funding covers tuition fees, learning materials, and living expenses, and truly makes a difference in the lives of those who receive it.
The allowances list is here:
- Book allowance: R5200
- Living: R15000
- Personal Care: 2900
- Transport allowance: R7500
NSFAS does not only provide financial support though – but they also offer a wide range of services aimed at ensuring that students succeed academically. They have study funds available for students in need, offer counseling and skills development programs, and provide stipends for students participating in internships or community service projects.
What is needed to apply for NFSAS funding?
In order to apply for funding through the National Financial Services Accreditation Scheme (NFSAS), you will need to meet the following eligibility criteria:
- You must be a South African citizen, with a valid ID document.
- You must have obtained admission to study at an accredited public South African tertiary institution in an undergraduate or postgraduate degree, diploma, or certificate program.
- Double degrees will not increase your allocation.
- Your household income should not exceed R350 000 per annum.
Apply for NSFAS online
Applying for NSFAS online is pretty straightforward.
- Simply go to www.nsfas.org.zа and click on the link that says “Apply Now.” It will then redirect you to the online application form.
- Completely fill out and submit the application.
- If you are a first-time applicant, you will also need to upload a copy of your ID document, most recent academic results, or a certified true copy of your Grade 12 certificate, and proof of income (if applicable).
- Uploading your ID document is all you need to do if you’re not a first-time applicant.
- You will be informed if you are eligible for funding after NSFAS has reviewed your application.
When NSFAS will open for 2023?
1st of September to 30th November 2022.
If you want to apply for the NSFAS funding program then here is good news for you. If you’ve missed the 2022 dates, then don’t wait to apply this September. Apply before the last date of November.