What is an NSFAS?
The National Student Financial Aid Scheme is a South African government student financial aid scheme that provides financial aid to undergraduate students to help pay for the cost of their tertiary education after finishing high school. It is funded by the Department of Higher Education and Training.
How To Qualify For NSFAS in South Africa?
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 disability: Combined household income must not be more than R600 000 per annum
- Students who started studying before 2018 and whose household income is not more than R122 000 per annum.
Does NSFAS fund non-South African students?
Only South African citizens and permanent residents with a valid South African ID number registered at an institution are eligible for NSFAS DHET funding.
How much does NSFAS pay per student?
Moreover, TVET students who are living in urban areas will receive R24000 per year or R2000 per month. Students who are living in a peri-urban area will receive R18900 per year or R1575 per month.
However, students living in rural areas will get R15750 per year or around 1312 South African Rand per month.
How much is NSFAS allowance per month at Unisa?
LMA is calculated at R700 per module for the first 4 modules, and R5460 for 5 or more modules per academic year. Students registered for 10 or more modules qualify for an incidental allowance of R304.