The National Student Financial Aid Scheme (NSFAS) has now opened NSFAS 2024 applications. This application period will come to an end on 31 January.
NSFAS provides financial aid in the form of a bursary and is highly sought-after every year and is the top government bursary in South Africa.
So what are the NSFAS requirements?
The most important requirement for financial eligibility 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.
If you are a student living with a disability and you're wanting financial aid, this household income threshold is R600 000 per annum.
This financial aid is for any South African citizens studying at one of the 26 public universities or one of the 50 technical vocational education and training colleges. If you are successful with your application you will be funded for your whole multi-year qualification if you meet the academic eligibility.
What does NSFAS funding cover?
NSFAS financial aid gives bursaries to students from poor and working-class backgrounds which goes beyond just paying for your fees. They'll also provide financial support for your registration and tuition fees, accommodation, transport, and books.
NSFAS funded students living in self-catering residence will also benefit from receiving monthly living allowances and is perfect for working class families.
How To Submit A 2024 NSFAS Application
Step 1: Create a myNSFAS account
Step 2: Click on the ‘Apply’ tab to update your personal information
Step 3: Upload your application supporting documents
Step 4: Submit your application