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What is the difference between NSFAS and Fundi?


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There are many options for funding and so you may be wondering what the pros and cons are of different financial aid schemes. 

 

What is NSFAS?

The National Student Financial Aid Scheme (NSFAS) is a government run bursary scheme for students, which receives its funding budget from the Department of Higher Education and Training (DHET) and also reports to the DHET. NSFAS provides bursaries to students who meet their requirements and are studying at public universities or Technical and Vocational Education and Training (TVET) Colleges in South Africa.

 

What does NSFAS cover?

NSFAS covers tuition fees and accommodation fees. NSFAS further may cover transport costs, living expenses and book allowances. 

 

What are the requirements? 

  • Must be a South African citizen.
  • All SASSA grant recipients qualify for funding.
  • Applicants must have a combined household income not more than R350 000 per annum
  • The person with a disability: Combined household income must not be more than R600 000 per annum
  • If you started studying before 2018 and your household income is not more than R122 000 per annum.

If you wish to study or are already studying at a public university or TVET college and come from a family with an income of R350 000 or less, you qualify to be funded by NSFAS. 

If you would like more information, you can visit the NSFAS website

 

What is Fundi?

Fundi is a South African Education Finance specialist who hopes to provide students with the financial aid they need to support them through their studies. 

 

What does Fundi cover?

  • Study loans 
  • Short courses
  • Accommodation loans
  • Executive loans
  • MBA funding (Master of Business Administration degree)
  • Study device loans
  • Educational tools

 

To learn more about Fundi, you can read here

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Latest Bursaries

The Pharmaceutical Society Of South Africa (PSSA) is offering bursaries to full-time pharmacy students. Only students registered with a School/Department/Faculty of Pharmacy will be considered.

Students who apply for this bursary must be postgraduate students with a PSSA membership.

Founded in memory of the late Uyinene Mrwetyana, the Uyinene Mrwetyana Scholarship for Women is open for applications. 

The scholarship will be awarded to women students who are pursuing a degree in the Faculty of Humanities at UCT. Applicants will need to demonstrate evidence of leadership in social justice and social activism.

WK Construction awards a number of bursaries, that cover the full cost of studying, to successful candidates in the field of BSc Civil Engineering.

Exxaro is inviting full time students to apply for a bursary. Students currently in their 2nd, 3rd or 4th academic year of study can apply for bursary opportunities in the following disciplines:
  • BSc Geology – 2nd academic year

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) is offering bursaries to students studying in the following fields:

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