What is NSFAS?
If you need financial aid for your tertiary institution, Apply for the National Student Financial Aid Scheme (NSFAS) Bursary for the 2024 academic year.
How does Nsfas Work?
Applications open for a limited time at the end of each year. The National Student Financial Aid Scheme (NSFAS) Online application for 2024 is open from September to November every year. It is a government student financial aid scheme that is given to poor undergraduate students in South Africa to assist them in paying for the cost of their tertiary education after completing high school.
NSFAS financial support previously was in the form of loans and still needs to be paid back when you find employment after completion of your studies. If you passed all your subjects, 40% of the NSFAS funding for that particular year/semester was converted into a bursary. This means you will only pay back 60% of the loan when you start working.
NSFAS 2024 Applications
Once you have been approved for NSFAS funding, you will be covered until you complete your degree.
This, however, is contingent on you continuing to meet the academic requirements. To ensure your continuous funding, all you have to do is concentrate on studying and passing your modules.
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