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.
You may have read recently that NSFAS would be changing the way applications worked. The organisation has adopted what they call a Student Centered Model, completely overhauling the applications system. So what does this mean for you?
NSFAS: What is the Student Centered Model?
The idea behind the Student Centered Model is that students will no longer apply for financial aid through their colleges or universities. Instead, students apply directly to NSFAS and bursaries are awarded after an evaluation of the application.
NSFAS has confirmed that from the 6th of January 2020, students will find out if they are funded or not. If you have not yet received any information, do not panic. All you have to do is keep an eye on your application status.
Unfortunately not all NSFAS applicants were successful with their application, however don't give up hope. If you are one of the NSFAS 2019 applicants whose application was unsuccessful and would like to dispute this funding decision, follow these easy steps: