Does NSFAS fund Private Colleges and Institutions?

The National Student Financial Aid Scheme (NSFAS) is a government funded bursary who receives money from the Department of Higher Education which provides funding for students for further education.

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The National Student Financial Aid Scheme (NSFAS) is a government funded bursary who receives money from the Department of Higher Education which provides funding for students for further education. The bursary covers tuition, registration fees and additional monthly allowances. 

 

However, NSFAS does not fund private college's and institutions. NSFAS only provides funding for South African students who will study at public universities or Technical and Vocational Education and Training (TVET) institutions. 

 

If you are planning on studying at a public college or TVET college, these are the requirements:

  • You're a South African citizen
  • If you're a SASSA grant recipient, you qualify for funding
  • You have a combined household income of not more than R350 000 per year
  • Person with disability: Combined household income must not be more than R600 000 per year

 

For more information, you can visit the NSFAS website

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The wait is almost over, as applications for NSFAS funding will be opening soon. Minister Blade Nzimande held a media briefing on Thursday morning to reveal when students can start applying. 

Students who are funded by NSFAS qualify to receive allowances directly from the financial aid scheme. These allowances are kept in their NSFAS wallets. Here's how you can check your NSFAS wallet balance.

Boland College has opened applications for NSFAS appeals and applications. The TVET College has announced the period for application submissions. 

After closing due to the lockdown in 2020, NSFAS has officially reopened its walk-in centre. This means hopeful applicants, as well as current NSFAS bursary holders, can visit the centre for assistance.

If you are currently receiving funding from the National Student Financial Aid Scheme (NSFAS), you might be wondering if you can apply for the R350 grant. 

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