NSFAS is a financial aid scheme that supports students with funding for their studies. If you are a NSFAS funded student you may want to know if you need to re-apply for NSFAS every year to recieve funding. You can keep reading to find out!
NSFAS, the National Student Financial Aid Scheme, funds students for their studies from money they receieve from the government. If you are funded by NSFAS, not only will your studies but also further funding for other expenses.
With regards to how long NSFAS funds their students, it depends on the duration of your course or degree. Most degrees take about 3 to 4 years, whereas medical degrees for example take up to 7 years. And if you fail one year, NSFAS has granted students an extra year of funding.
As a NSFAS funded student, or in general, you may be curious as to how NSFAS ensures that students funded before 2018 pay back their loan.
Students funded after that date will be a bit confused! Do you have to pay back NSFAS? The good news for recent beneficiaires of NSFAS is that it is now a grant and you do not have to pay anything back.
NSFAS provides funding to University students that extends beyond just your fees. Not sure if NSFAS funds the University you're at or plan to go to? Well, now you can find out. Read further.
You need to apply or be studying at a public university to qualify for financial assistance. Students who intend to study at private institutions will not be assisted by NSFAS.
The National Student Financial Aid Scheme (NSFAS) is a government run bursary scheme for students, which receives its funding budget from the Department of Higher Education and Training (DHET) and also reports to the DHET. NSFAS provides bursaries to students who meet their requirements and are studying at public universities or Technical and Vocational Education and Training (TVET) Colleges in South Africa.
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.
In December 2017, the President announced that NSFAS will offer bursaries as a form of free education rather than loans that need to be paid back. Students who received a NSFAS loan before the president's address need to repay the loaned amount as per the agreement form that was signed. If you only started being funded by NSFAS in 2018, there is no need to pay back any money as you received a bursary.
If you've applied to NSFAS and are getting nervous about whether you have been approved, you might be wondering how you will know if you've been approved.
NSFAS has said:
Application results will be communicated to all applicants once NSFAS received confirmation from the institution that an academic offer has been made to you.
When NSFAS has finished with the the decision process, they will let the successful applicants know their status through an SMS, an email and through your myNSFAS account.
Exxaro is inviting full time students to apply for a bursary. Students currently in their 2nd, 3rd or 4th academic year of study can apply for bursary opportunities in the following disciplines:
The Independent Field Advertiser (IFA) Bursary Scheme is giving academically deserving learners the opportunity to study further in their chosen profession.
IFA is a division of Clientèle Life. IFA is one of South Africa’s biggest network marketing companies.
All applicants will be notified via SMS of the status of their application by 30 June 2021
Founded in memory of the late Uyinene Mrwetyana, the Uyinene Mrwetyana Scholarship for Women is open for applications.
The scholarship will be awarded to women students who are pursuing a degree in the Faculty of Humanities at UCT. Applicants will need to demonstrate evidence of leadership in social justice and social activism.
