The National Student Financial Aid Scheme (NSFAS) funds students who hope to study teaching at the University of South Africa (Unisa). However, there are a few conditions.
With the aim of ensuring students receive the most from their studies, the bursary makes their studies enjoyable and free of any financial burden by offering financial assistance from registration to graduation.
Although Unisa may not be like the traditional universities, the bursary does offer funding to students who wish to study there.
Registration fees, tuition and allowances are all granted through the bursary. However, the amounts of the allowances vary from those who attend other universities due to the difference in teaching methods.
Approved NSFAS students who attend Unisa receive the following allowances:
- Learning material allowance: The allowance is calculated according to the number of modules or subjects the student has registered for. Unisa students will receive R600 per module for the first four modules and a R5 200 once off payment for five to ten modules. This allowance is provided to cover the cost of textbooks, stationery and other learning materials to complete their studies.
- Living allowance: Available to students who are registered for ten or more modules.
- Incidental allowances: Those who are registered for ten or more modules are paid R290 every month for ten months to cover any small expenses that may arise.
If you are a South African citizen who hopes to study at a TVET college or public university and fall within one or more of the categories below:
- All SASSA grant recipients
- Applicants whose combined household income is not more than R350 000 per year
- Persons with disabilities combined household income must not be more than R600 000 per year.
- Students who started studying before 2018 and whose household income is not more than R122 000 per year.
To learn more about NSFAS funding please CLICK HERE.