National Student Financial Aid Scheme Sbux

By | June 1, 2018
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National Student Financial Aid Scheme Sbux

 
National Student Financial Aid Scheme Sbux : In January, National Student Financial Aid Scheme introduced a new system called sBux to pay eligible students their allowances in the following categories: Food, Books, Private accommodation and Travel
 

How does sBux work?
  • If you are eligible for allowances, National Student Financial Aid Scheme will pay your allowances in the form of vouchers, which are sent to your cell phone.
  • The vouchers have a unique number and can only be used once.
  • You are able to spend these sBux vouchers at registered sBux merchants.
  • If you receive travel allowances, you are able to redeem cash vouchers at Shoprite, Checkers, Boxer, U-Save and select Spar stores.
  • You may not redeem food, books or private accommodation vouchers into cash.
What you will need to receive your National Student Financial Aid Scheme allowances via sBux?
• Your own cell phone and valid SIM card
• To have signed your National Student Financial Aid Scheme Loan Agreement Form/Statement of Particulars
• Ensure that your landlord is registered on sBux, if staying in private accommodation.
How to get started (1st time users)?
• Sign your LAF/ SOP
• Receive an SMS welcoming you to sBux
• Verify your account by dialing *134*176# and reply with your ID number
• Receive a password that you will use when transacting
• Your vouchers will be made available for spending
How will National Student Financial Aid Scheme support you?
• For all queries, please contact the National Student Financial Aid Scheme Contact Centre on 0860 067 327
• You can also send queries or feedback to [email protected]
• For forgotten passwords or change number requests, the Contact Centre will assist you

Will all students receive their allowances through sBux? Please note that only students studying at the following Universities and TVET Colleges, which are participating in the New Student-Centered Model, may receive their allowances through sBux:

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National Student Financial Aid Scheme Sbux
University of South Africa (University of South Africa)
Durban University of Technology
Nelson Mandela Metropolitan University
University of Venda
Sol Plaatje University
University of Mpumalanga
Ekurhuleni East TVET College
King Hintsa TVET College
Motheo TVET College
Orbit TVET College
Central Johannesburg TVET College
South Cape TVET College
False Bay TVET College
Ekurhuleni West TVET College
Cape Town TVET College
Buffalo City TVET College
Vhembe TVET College
West Coast TVET College

sBux numbers to date:
Since 2014, over 3 million transactions have been processed on the sBux system and nearly R 500 million has been disbursed to students to date.
There are over 80,000 student accounts on sBux.

There are over 2,700 merchants registered on sBux with the majority being food merchants.

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