Are Nsfas Applications Closed
Are Nsfas Applications Closed
NSFAS was established according to the National Student Financial Aid Scheme Act (Act 56 of 1999) and incorporated TEFSA (Tertiary Education Fund of South Africa). From 1993 to 2000, TEFSA was the primary non-profit company in terms of Section 21 of the Companies Act and ceased to operate in July 2000. All existing loans on the TEFSA books were transferred to NSFAS.
Financial Aid
The NSFAS Act enables any student to apply for a bursary from NSFAS but allows the board to impose conditions, generally, or in respect of a particular loan or bursary. Such conditions include the use of the means test and the loan conversion of up to 40 per cent of any loan as an incentive for academic success.
It provides for payment by NSFAS of the amount of the loan or bursary “to the designated higher education institution”, rather than to the applicant. It also allows NSFAS to enter into what is in effect an agency agreement with higher education institutions (HEIs) or further education and training (FET) colleges.
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- Registration
- Tuition
- Food
- Accommodation or transport
- Learning material
- Personal care
- SASSA grant recipients or
- Your combined household income is not more than R350 000 per year or
- A person with a disability with a combined household income of not more than R600 000 per year or
- A student who began their university studies before 2018 and whose household income is not more than R122 000 per year
- Your own cellphone number and email address
- Copy of your ID or birth certificate
- ID copies of parents, guardians, or spouse
- Your proof of income or 1 year’s IRP5 (if applicable)
- Your parents, guardian, or spouse’s proof of income
- If you are a SASSA grant recipient, no proof of income will be required
- Applicants with a disability must submit a completed and signed Disability Annexure A Form, click here to download
- An applicant who is recognized as a Vulnerable Child by the Department of Social Development must provide a completed and signed Vulnerable Child Declaration and Consent Form, click here to download.
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