NSFAS is a public entity and is governed as such by the NSFAS Act and the Public Finance Management Act (PFMA) and regulated by the PFMA and Treasury Regulations. Chapter Six of the PFMA and Part 9 of the Treasury Regulations include: requirements regarding the responsibilities of accounting authorities of public entities, budgets, annual reports,… Read More »
What does nsfas covers What does nsfas covers: Full funding is paid for students who qualify and who pass the NSFAS Means Test, which assesses their family’s ability to pay something towards their studies. Students can qualify for varying amounts up to the maximum of R60 000 a year. This includes full tuition fees, accommodation,… Read More »
How does nsfas works What exactly is NSFAS? How does nsfas works : NSFAS is a government scheme set up to help young people pay for tuition at any of the 25 public universities and 50 public FET colleges in the country. NSFAS provides loans and scholarships that will cover your tuition, accommodation, living expenses and… Read More »
How does nsfas bursary work How does nsfas bursary work : A NSFAS bursary is the money you receive to cover the costs of your studies for certain qualifications at any public university or college in South Africa.We administer various bursary funds including the ones listed below. Depending on the quality of your results, up… Read More »
Nsfas how to apply Nsfas how to apply : It’s quite simple, really. Full time registered students who meet the entry requirements for the scheme just have to complete and submit NSFAS applications forms at their university’s financial aid offices. The only catch is that funding isn’t automatically renewed, so students need to make sure to reapply… Read More »
Nsfas how to pay back Nsfas how to pay back: Loan repayments are based on the salary that you earn; you start paying them back once your salary is R30,000 or more per year. The repayment rate is reasonable: 3% of the annual salary, increasing to a maximum of 8% when your salary reaches R59,300… Read More »
How does nsfas sbux work How does nsfas sbux work : sBux is the new cellphone payment system – developed by Celbux – which NSFAS uses to pay allowances to students who qualify for an FSFAS bursary. sBux issues NSFAS allowances (in the form of cellphone vouchers) to students on their cellphones for the payment of food,… Read More »
How to check nsfas application status How to check nsfas application status: Students can check their NSFAS Application Status through your school’s Financial aid Office. Nsfas Application Status NSFAS Approved List Update January NSFAS Approved List Update January 2019 : Kindly be informed that NSFAS will make an announcement next week, regarding the outcomes of the 2018… Read More »
How can I get Nsfas How can I get Nsfas : We have produced an infographic for quick reference on how to get an NSFAS Loan. As well as who, how and how much goes into an NSFAS Loan. 73,7%: The collective bumber of courses passed by all students receiving NSFAS funding. Amount paid out… Read More »
How much do I owe nsfas How much do I owe nsfas : You will have to call the NSFAS Contact Centre on 0860 067 327 or email [email protected]. Regards