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.
NSFAS-Funded students who qualify to receive allowances directly from NSFAS will receive cash funds in their NSFAS Wallets. If your NSFAS Wallet is locked, no worries. Here's why and how to unlock it.
Your NSFAS Wallet will allow you to withdraw cash or spend at any merchant registered by NSFAS. Allowance amounts are determined through consultation with institutions, communicated to NSFAS when you register.
Are you trying to access your allowances but you are getting a message that your account is locked? Here's why.
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.
It's that time of the year again as NSFAS opened their applications for funding in 2021. However, this bursary isn't open to just anyone. Here's who shouldn't send in that application to NSFAS.
NSFAS has opened their applications for students and prospective students to apply for funding for the 2021 academic year. However, not everyone can get this bursary. Here's who shouldn't apply to receive the bursary.
First and foremost, it's important to remember that if you are currently funded by NSFAS, you do not need to apply for 2021 funding.
NSFAS provides financial aid to students from poor and working-class families. However, there are rules for when you're funded by NSFAS. One is the N+2 rule.
The N+2 rule means that students only have N+2 years to finish a degree. “N” is the minimum number of years allocated to complete a qualification (i.e. record time). The “+2” refers to the extra two years that a student may need to complete the qualification (making the maximum time).
At the beginning of August, a whole month earlier than usual, NSFAS opened up their applications for those wanting to be funded by the financial aid scheme for 2021. Now, as we are five months into the application cycle, they have provided updates on the applications process.
When we reached the end of August, NSFAS had already received over 160 536 applications from students wanting to be funded in 2021. This is only a month after applications opened and they are set to close on 30 November 2020.