The National Student Financial Aid Scheme (NSFAS) has confirmed the allowance payment amounts for September 2024. This article outlines the specific allowances for TVET College students, including living allowances, learning material allowances, and transportation allowances.
NSFAS Allowances for TVET College Students
TVET College students can expect to receive an annual living allowance of R10,000. The learning material allowance varies depending on the course of study.
Students with disabilities receive higher living allowances and additional learning material allowances.
Monthly NSFAS Allowances for September 2024
- Meal Allowance: R1,345
- Personal Care Allowance: Approximately R300 (for catered accommodation)
- Transportation Allowance: R771 per month (for students living more than 10 km from campus)
NSFAS funding is contingent upon maintaining academic eligibility. Students must ensure they meet all requirements to continue receiving benefits.
Submitting Banking Details
TVET College students are urged to upload their banking details on the myNSFAS portal to guarantee timely payment of allowances. Approximately 11,000 students have yet to submit their details, which could delay payments.
How to Upload Bank Details
- Visit the myNSFAS portal.
- Log in using your myNSFAS credentials.
- Select "Bank Account Details" under "Profile Information."
- Enter your bank details.
- Click "Save."
By understanding the allowance amounts and following the guidelines for submitting banking details, TVET College students can ensure they receive their NSFAS funds promptly and efficiently.
