NSFAS: What is NSFAS?

If you’ve been looking for funding for your studies, you may have come across the the term NSFAS. You may be wondering: what is NSFAS? Let’s take a look at what NSFAS is and what it can do for you.

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If you’ve been looking for funding for your studies, you may have come across the the term NSFAS. You may be wondering: what is NSFAS? Let’s take a look at what NSFAS is and what it can do for you.

NSFAS: What is NSFAS?

NSFAS, or National Student Financial Aid Scheme, was established according to the National Student Financial Aid Scheme Act of 1999 and incorporated Tertiary Education Fund of South Africa (TEFSA), which stopped operating in 2000.

The NSFAS Act allows students to apply for financial aid, be it a bursary or student loan. These applications do, however, come with certain conditions: each student undergoes a "needs test" to determine how much financial aid they require and if they are eligible. This system is being changed currently to make financial aid available to the missing middle.

Paid to the higher education institute
Under the NSFAS Act, the bursary or loan is paid directly to a student’s place of learning, rather than to the student. This also allows NSFAS to engage with universities and keep track of those who receive financial aid and their academic progress.

Funding
NSFAS makes financial aid available to students in the form of bursaries and student loans. This allows students in need to finance their studies at either university or a TVET college and so further their education and career prospects.

Click here to visit the NSFAS website.

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NSFAS Articles

Once you have submitted your NSFAS application, you may have tracked your application status via your myNSFAS portal. Well, if you received a ‘Funding Eligibility’ status, here is what it means.

Students who have submitted their NSFAS bursary applications are reminded to check their application status regularly. Their application status may show ‘Application Submitted’, here is what it means.

Are you tracking your NSFAS application and notice that your application status says that it is on the ‘Filtering’ stage? Well, here is what it means.

When submitting your NSFAS application, you are required to attach certain documents to it in order for your application to be processed. Here is how you can submit your documents.

As soon as students submit their applications, they are able to view their application status. They may see that they are on the ‘Validation’ step, here is what it means.