How Nsfas Work

How Nsfas Work | NSFAS aims to fund those interested in studying further but cannot afford to do so. The bursary offers two types of funding, which includes university funding and TVET College funding. Their funding goes beyond tuition fees. However, only certain students are eligible. Those eligible for NSFAS funding will receive tuition fees, accommodation fees, transport allowances, living allowances, book allowances and incidental or personal care allowances.

So how does it all work?

After you apply and are approved, NSFAS then waits for registration data from your TVET College. They will then pay your registration fee and your tuition fees for the year.

Those who applied for NSFAS TVET College funding have to meet the following criteria:

Must be a South African citizen.
Must be registered or intending to register on a PLP, NC(V) or Report 191 programme at any of the fifty (50) public TVET Colleges in South Africa.
Must require financial assistance.
You need to pass Grade 9, 10, 11, or 12.
Should you be a returning student, you must demonstrate proven and accepted academic performance in line with the College’s progression policy or the progression prescriptions of the Bursary Rules and Guidelines (whichever is higher).
Must not be enrolling for a qualification that duplicates previous learning that was state-funded.
Household income is less than R350,000 per year.

If you meet these requirements, then you will be eligible for NSFAS TVET College funding which covers tuition fees, accommodation fees, and transport allowances.

How to Apply for NSFAS Online 2022

If you would like to apply for NSFAS 2022, follow the steps outlined below:

You have to visit the NSFAS website: www.nsfas.org.za online
Then, you have to click on the “myNSFAS” tab
After that, you create your myNSFAS account
After creating myNSFAS account, you then have to click on the “Apply” tab
Answer the following questions you see on your screen
Update all your personal information
Upload all the required supporting documents
Lastly, Click on “Submit” to send your application for review.

NSFAS: What is NSFAS?

NSFAS, or National Student Financial Aid Scheme, was established according to the National Student Financial Aid Scheme Act of 1999 and incorporated the Tertiary Education Fund of South Africa (TEFSA), which stopped operating in 2000.