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[web_stories title=”false” excerpt=”false” author=”false” date=”false” archive_link=”true” archive_link_label=”” circle_size=”150″ sharp_corners=”false” image_alignment=”left” number_of_columns=”1″ number_of_stories=”5″ order=”DESC” orderby=”post_title” view=”circles” /]NSFAS for 2023 Application Now is Open, NSFAS aims to fund those interested in studying further but cannot afford to do so. The bursary offers two types of funding, which include 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.
Applications will open on September 28, 2022. NSFAS encourages qualifying students who are registered in the 2022 academic cycle and are without any other form of a bursary to enquire with their Financial Aid Office whether they qualify to apply during this window, prepare all the relevant supporting documents and apply as soon as the university gives you the go-ahead. Applications submitted after the closing date will not be considered.
What does the bursary cover?
As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence)
- Transport (up to 40 km from the institution) R7 500 per annum
- Living allowance R15, 000 per annum
- Book allowances R5200 per annum
- Incidental/personal care allowance R2900 per annum for students in catered residences
- Accommodation in an urban area is R24,000 per annum
- Accommodation in a peri-urban area 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
Who qualifies for NSFAS funding?
- All South African citizens
- All SASSA grant recipients qualify for funding
- Applicants whose combined household income is not more than R350 000 per annum
- A person with a disability: Combined household income must not be more than R600 000 per annum
- Students who started studying before 2020 whose household income is not more than R122 000 per annum.
Who should not apply?
- 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).
How to Apply for NSFAS Online 2023
If you would like to apply for NSFAS 2023, 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.
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