What Are The Income NSFAS Requirements To Qualify?

The NSFAS bursary has a few requirements to ensure students who truly need financial assistance receive support. Here are the income requirements students need to meet in order to qualify for the bursary.

Advertisement

 

The National Student Financial Aid Scheme (NSFAS) offers fully subsidized free higher education and training for students who meet the bursary requirements.

NSFAS is a government-funded bursary that receives its funding budget from and reports to the Department of Higher Education and Training. 

Students who plan to study at TVET Colleges and public universities qualify for NSFAS bursaries. These bursaries cover funding for tuition, registration fees and allowances.

The bursary states that students should have a combined household income of R350 000 per year for you to qualify. Persons living with disabilities should have a combined annual household income of R600 000 or less.

Other NSFAS bursary criteria include the following:

  • South African citizen or permanent resident.
  • Financial constraints which don't allow you to fund your own studies such as:
    • Being a SASSA grant recipient.
  • Students applying to get a formal qualification from a public university or TVET College.
  • Those who passed Grade 9 to 12 (for those applying for TVET funding).
  • Those who passed Grade 12 (for those applying for University funding).

Students are required to pass all their modules to stay funded by the bursary.

NSFAS funds students for the entire duration of their degree or course. Most degrees are about 3 to 4 years, whereas medical degrees are about 7 years.

Click here to visit the NSFAS website.

Article Category


width="300"
height="600"
type="doubleclick"
layout="fixed"
data-slot="/4957315/Bursariesportal/2"
data-multi-size="300x600,320x480,300x250"
data-multi-size-validation="false"
>

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.