Who Gets NSFAS

Does everyone get NSFAS, Who Gets NSFAS

One important factor that supports the availability of higher education for prospective South African students is the National Student Financial Aid Scheme or NSFAS. To help applicant pursue their ambitions of higher education without the weight of financial restraints, individuals must be aware of the NSFAS qualifying requirements. This thorough guide explores the details of who is eligible to apply for NSFAS. Whether you’re a worried parent looking for financial support for your child’s education or a prospective student ready to start your educational adventure this information will be helpful.

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

Who Will Receive NSFAS Fund

To qualify for the National Student Financial Aid Scheme, you must meet the following criteria:

All recipients of SASSA grants
Email and cell phone numbers are essential.
possess a valid ID and be a citizen of South Africa.
Be a first-time entering university or TVET college student
Household income must not exceed R350,000 per annum
Must meet the academic requirements for admission to a university or TVET college
The annual household income of individuals with impairments should not surpass R600,000.

Please note that this information is subject to change at any time, so it is advisable to get in touch with NSFAS directly to find out the most up-to-date information on their qualifying requirements. On NSFAs.org.za: Download the PDF application form for 2024.

Documents Required When I Apply For NSFAS

All applicants are required to submit:

Certified copy of your Identity Document.
Certified copy of a SASSA letter
Certified copy of the ID document of each household member including parents or legal guardian.
Certified copy of your latest academic transcript or exam results
If either of your parents is deceased, please provide a certified copy of the death certificate.
If your parents are divorced, please provide a certified copy of the divorce decree.
Certified copy of your ID, not older than 3 months A signed and completed consent form.
If you are dependent on your parents/guardian/spouse, please provide Certified ID copies of parent/s, guardian, spouse not older than 3 months and Proof of income of parent, guardian or spouse (payslip or appointment letter If you are self-sufficient (no parent/guardian support) please provide: Proof of income (payslip or appointment letter).
If you have a disability, please provide a completed and signed Annexure A (if your information is not pre-populated on the portal). If you are an orphan, please provide the completed and signed Declaration Form, Other documents required, if applicable: Retrenchment letter / UIF documentation; Death certificate/s; Divorce decree.

NSFAS Allowance

The amounts specified for lodging, stipend, transportation, and educational materials must be in compliance with the most recent DHET regulations.

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