nsfas qualification 2023-2024
nsfas qualification 2023-2024
About Nsfas
National Student Financial Aid Scheme (NSFAS) is a government supporting system in South Africa, that seeks to support citizen students financial through their tertiary education.
Who qualifies for NSFAS funding and should apply for support
- All South African citizens
- All SASSA grant recipients qualifies for funding
- Applicants whose combined household income is not more than R350 000 per annum
- Person with disability: Combined household income must not be more than R600 000 per annum
- Students who started studying before 2018 whose household income is not more than R122 000 per annum.
Who should not apply for nsfas government support
- Students that have completed a previous qualification.
- Students with a combined household income of more than R350 000 per annum.
- Students who have already applied, qualified and received funding. They are automatically funded for the duration of their studies provided they pass their modules and meet the academic requirements.
- Foreign students (any student who is not a South African citizen).
Areas the support covers for Applicants
NSFAS plays an important roll in helping South African’s citizens financially, through schooling either in a University of a Tvet College. The Financial supports covers the following listed below:
University in South Africa
- Cover’s Accommodation
According to the university’s actual costs (costs for private accommodation must not exceed costs for university residence) - Cover’s Transport (up to 40 km from 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
Tvet College in South Africa
- Cover’s accommodation in an urban area R24,000 per annum
- Cover’s accommodation in an peri-urban area R18,900 per annum
- Cover’s accommodation in an rural area R15,750 per annum
- Cover’s Transport (up to 40 km from institution) R7,350 per annum
- Cover’s Transport R7000 per annum
- Incidental/personal care allowance R2900 per annum