National Student Financial Aid Scheme 2024-2025

National Student Financial Aid Scheme 2024-2025

The National Student Financial Aid Scheme is a helpful program in South Africa that helps financially underprivileged students and their parents. On December 16, 2017, Jacob Zuma launched this scheme to the country, and it continues to serve inhabitants to this day.National Financial Aid Scheme 2024-2025

Applicants are to take notice of the following before applying;

The National Student Financial Aid Scheme has requirements that must be followed before applying for financial aid. These are the rules:

• Rule 1: Make sure you meet all of the application requirements to prevent being rejected as an applicant.
• Rule 2: If you have any questions, please get advice before filling out the application form.
• Rule 3: Make sure you follow all of the application’s regulations.
• Rule 4: Make sure you have all of the relevant documentation.

What does the bursary cover?

Amounts indicated of accommodation, living allowance, transport and learning materials need to be aligned with the approved latest DHET guidelines.

TVET

• Accommodation in an urban area R24,000 per annum
• Accommodation in an peri-urban area R18,900 per annum
• Accommodation in an rural area R15,750 per annum
• Transport (up to 40 km from institution) R7,350  per annum
• Transport R7000 per annum
• Incidental/personal care allowance R2900 per annum

University in South Africa

• Cover Accommodation
  According to the university’s actual costs (costs for private accommodation must not exceed costs for university residence)
• Cover Transport (up to 40 km from the institution) R7 500  per annum
• Cover’s  Living allowance R15, 000  per annum
• Cover’s Book allowances R5200 per annum
• Incidental/personal care allowance R2900 per annum for students in catered residences