NSFAS Allowance Amount | How Much is NSFAS Allowance For 2022 Per Month

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NSFAS Allowance Amount | How Much is NSFAS Allowance For 2022 Per Month

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.

You qualify to apply for a bursary if:

  • You are a South African citizen;
  • Your combined annual household income does not exceed R350 000 per annum;
  • You are a SASSA grant recipient;
  • You are registering for the first time for an undergraduate qualification at a public university or you are registered at a TVET college for one of the National Certificate Vocational or report 191 programmes;
  • You are applying to study at a public university or TVET college for a qualification;
  • You are an already registered university student with an annual household income of less than R122 000 per year;
  • You have passed Grade 9 & 10 to receive NSFAS funding to study at a TVET college;
  • You have passed Grade 12 to receive NSFAS funding to study at a university.

What does the bursary cover?

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

NSFAS Allowance Amount

NSFS ALLOWANCE CATEGORY ANNUAL AMOUNT SELF-CATERED/CATERED RES
Study Materials (Once Off) R5,200 R5,200
Accommodation (Max) R5,617 (Private)
Living Allowance R15,000 R1,500
Incidental Allowance R2,900 R290
Travel R7,500 R750 (Home)

 

How to Apply for NSFAS Online 2023

If you would like to apply for NSFAS 2023, follow the steps outlined below:

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