A question that's often asked is: will NSFAS still fund me if I move to another University/TVET College? Well, we have the answer for you. NSFAS applications for 2021 are now open and will close on 30 November 2020.
The answer to this question is: yes, NSFAS will continue funding you.
This question deals with the N+ rule NSFAS has in place. Before NSFAS was changed from a loan scheme to a bursary, the rule was 'N+2' and after the change which came into action in 2018, it was changed to the 'N+1' rule.
We are here to answer all your NSFAS questions. If you find yourself wondering whether NSFAS will still fund you even if you took a year or two off and they funded you before, we have an answer for you. Don't forget that NSFAS applications are now open.
During a webinar with Careers Portal Live, NSFAS answered this question and said that gap year students, whether that be before you start your qualification or during, will still be funded by NSFAS if they were approved before and qualify.
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.
When you want to apply for NSFAS bursaries to pay your college or varsity fees you can do the whole application online. If that is difficult for you then you can also apply from any public university or college.
The first thing you need is your SA ID document or your Unabridged Birth Certificate.
You then need the ID documents for your parents or guardian.
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.