The National Student Financial Aid Scheme offers qualified low-income students financial aid so they can pursue higher education without worrying about the cost of tuition.
Students who are citizens or legal residents of South Africa and want to enroll in or are already enrolled in a public university or TVET college are eligible for Nsfas support.
They are eligible for financing if they fit into one or more of the following categories:
- Are a Sassa grant recipient
- Have a combined household income of not more than R350 000 per year.
- For persons living with disabilities, the combined household income may not more than R600 000 per year.
The bursary program covers the costs of study materials, food allowance, incidental or personal care, as well as lodging or transportation in addition to tuition and registration fees.
Many students have questioned if they should reapply for Nsfas assistance if their previous application was successful.
Nsfas states that students who complete their modules and fulfill the academic standards are financed for the remainder of their education. As a result, they are exempt from submitting new funding requests at the beginning of each academic year or when the Nsfas application period opens.
Only In these instances, should students reapply for Nsfas funding:
- If you are doing a certificate qualification and you are finishing that year, you will need to reapply for undergraduate funding.
- if you currently studying at a TVET college and you want to study at university the next year, you should reapply and vice versa.
- Students who de-register or drop out during an academic term and wish to resume their studies in future academic terms must re-apply.
You will have the chance to challenge the funding decision if the bursary scheme has rejected your application during the appeals session. Students who are unsuccessfully assessed must file an appeal within 30 days.