The National Student Financial Aid Scheme (NSFAS) provides funding in the form of bursaries and loans to students who attend one of the 26 public universities and 50 TVET Colleges. Unisa students are eligible to apply for NSFAS funding as they fall under this category.
NSFAS funding covers tuition and registration with students also receiving NSFAS allowances for any student needs. Many Unisa students might be wondering how their NSFAS allowance payments for October will be made.
NSFAS has confirmed that Unisa will continue to disburse student allowances until the end of the year. This means that Unisa students can expect to receive their October 2024 NSFAS allowances directly from the university.
What Unisa Students Receive
- Learning Materials Allowance: This allowance helps cover the cost of textbooks and study materials.
- R700 per module for the first four modules.
- A one-time payment of R5,460 for five or more modules.
- Living Allowance: This allowance is for essential living expenses.
- Available for students registered for ten or more modules.
- Tuition and Registration Fees: NSFAS covers these costs directly.
NSFAS has outlined a specific timeline for October payments.
NSFAS has been instrumental in supporting over 1.2 million students in 2024, ensuring a skilled workforce for the country.
