The National Student Financial Aid Scheme (NSFAS) is a government entity that falls under the Department of Higher Education and Training.
NSFAS offers financial aid to students who cannot afford to pay for their studies at Universities and TVET colleges.
The NSFAS requirements states that those who experience financial constraints which does not allow them to fund their own studies, such as those people who are SASSA recipients qualify for funding from NSFAS.
This is because it indicates that financial assistance is needed.
One might want the answer to the question: Does NSFAS Fund Part Time Studies? Well, we have the answer for you. NSFAS applications are now open and will close on 30 November. NSFAS offers bursaries for South African students studying at public universities and TVET colleges.
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.
In society today, there are many students that are not fortunate enough to pursue their dreams of studying. “These days, we are all told how important it is to have some qualification, other than a matric certificate”, says Candice Grobler. One of the many options that are available to students is to apply for a student loan.
What is a student loan?
A student loan refers to money that is borrowed from the government or lender to pay for your college tuition fees. The money that has been borrowed has to be paid back with interest over a period of time.
The National Student Financial Aid Scheme, better known as NSFAS, offers bursaries to South African students who plan to study at public universities and TVET colleges. They cover funding for registration, tuition and allowances.
The question is, do people with jobs qualify for the bursary?
In the NSFAS requirements it states that those with a combined household income of not more than R350 000 per year qualify for the bursary.
If you're a SASSA recipient wanting to pursue your higher education studies but can't afford it, you might ask yourself: Can I get a bursary?
Well, the answer to this is YES OF COURSE!
Receiving a grant from SASSA indicates to companies and organisation that the prospective bursary recipient is coming from a disadvantaged background. This is because the means test used by SASSA to determine whether a person’s income is low enough to qualify for grants corresponds to the income requirements of bursaries.