NSFAS is the National Student Financial Aid Scheme which is a government loan and bursary fund for students through the NSFAS funding. NSFAS application and registration opens in the later part of the year for students with the NSFAS closing date usually being in the next calendar year.
NSFAS gives bursaries to students from poor and working class backgrounds which goes beyond just paying for your fees. They’ll also pay for your registration, accommodation, transport, books through NSFAS allowances.
So what are the NSFAS requirements?
The most important requirement is that your household income should come to R350 000 or less per year. This means that if you add up everyone’s salaries in your house for the year and it comes to over R350 000, you won’t qualify.
Usually, students and future students will submit their NSFAS online application for a NSFAS bursary using myNSFAS.
Bursaries Portal has everything you need to know about NSFAS, NSFAS applications and NSFAS allowances.
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When you have been successful with your NSFAS bursary, you will receive an email with a link to sign your NSFAS Bursary Agreement form (NBA) online.
In order to sign the NBA you will need to follow these steps:
Many students do not realise how much university actually costs aside from the learning material, transport costs, accommodation and living expenses. A bursary is a monetary reward from an institution to a student based on their academic performances and personal circumstances.
If you’re not sure what your NSFAS application status means and need more information, we can help you.
Understanding what you’re reading when you’re checking your NSFAS application status is of utmost importance. Here’s what your NSFAS application status means.
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