How Much NSFAS Pay Per Month 2024

What is the NSFAS monthly allowance for 2024; How Much NSFAS Pay Per Month 2024

Under the Department of Higher Education and Training (DHET), the South African government established and administers the National Student Financial Aid Scheme (NSFAS). Young people who deserve it are awarded the NSFAS allowance to attend public universities and TVET colleges for higher education. “How much does NSFAS pay per month?” is a frequently asked question in this regard. This study dives into the core worries of students by attempting to clarify the kind of financial assistance they should anticipate during their academic careers.

What Will I Receive From NSFAS Every Month 2024

Amounts indicated for accommodation, living allowance, transport and learning materials need to be aligned with the approved latest DHET guidelines.

UNIVERSITY

Accommodation
As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence)
Transport (up to 40 km from the institution) R7 500 per annum
Living allowance R15, 000 per annum
Book allowances R5200 per annum
Incidental/personal care allowance of R2900 per annum for students in catered residences

TVET

Accommodation in an urban area is R24,000 per annum
Accommodation in a peri-urban area is R18,900 per annum
Accommodation in a rural area is R15,750 per annum
Transport (up to 40 km from the institution) R7,350 per annum
Transport R7000 per annum
Incidental/personal care allowance R2900 per annum

Who Should Expect NSFAS Monthly Allowance 2024

Who qualifies for NSFAS funding?

All South African citizens
All SASSA grant recipients qualify for funding
Applicants whose combined household income is not more than R350 000 per annum
A person with disability: Combined household income must not be more than R600 000 per annum
Students who started studying before 2018 and whose household income is not more than R122 000 per annum.

Where Can I Receive My NSFAS Monthly Fund 2024

What you will need to receive your NSFAS allowances via NSFAS Wallet?

Your own cell phone and valid SIM card
You must sign your NSFAS Bursary Agreement if you are a new student to NSFAS
You will not need to withdraw cash to pay your landlord or any registered merchant

Contact Details Of Nsfas

NSFAS Contact Center:

Phone: 08000 67327 (toll-free)
Operating hours: Monday to Friday, 8:30 AM – 5 PM (South African Standard Time)

Nsfas Email:

General inquiries: info@nsfas.org.za
Application inquiries: apply@nsfas.org.za

Nsfas Postal Address:

Private Bag X1
Plumstead
7801
South Africa

Physical Address:

10 Brodie Road
House Vincent, 2nd Floor
Wynberg
Cape Town
7700
South Africa

visit NSFAS Official website and read more

If you’re considering applying for NSFAS assistance, make sure to research thoroughly, prepare your application diligently, and embark on your educational journey with confidence, knowing that financial support is available to help you succeed.