What Does NSFAS Cover

How much money does NSFAS give to students; What Does NSFAS Cover

Funds for the academic year 2024 will be disbursed by NSFAS. The new payment method will be used for the distribution of NSFAS allowances. Students need to be aware of what to anticipate from NSFAS allowance payments at all times. Approximately one million Tertiary students across the country will receive support for the 2024–2025 academic year under the National Student Financial Aid Scheme (NSFAS). This includes financially aided students enrolled in public universities and TVET colleges around the country. Registration fees, tuition, and many allowances are given to students who are awarded the NSFAS bursary. Nevertheless, the amount of each allowance varies based on the school attended.

READ ALSO; WWW.NSFAS.org.za Apply 2024

Things NSFAS Allowance Cover

The National Student Financial Aid Scheme, NSFAS Funding Bursary, will cover tuition and several other study-related fees in 2024–2025. Among these costs are:

Accommodation: NSFAS covers the cost of on-campus or off-campus student housing.
Textbooks and study materials: NSFAS can provide you with a study allowance to purchase the required textbooks and materials for your course.
Meals: The NSFAS provides a meal allowance to help cover the cost of food while you are studying.
Travel expenses: NSFAS provides a travel allowance to help cover the cost of travel to and from campus.

Amount To Expect From NSFAS In 2024

The amounts listed for housing, a living allowance, transportation, and educational supplies must match the most recent approved DHET requirements.

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