How NSFAS Works For Returning Students


Please share this article

Advertisement


Post #FeesMustFall, the funding criteria for NSFAS changed. Returning students who are interested in continuing studies are welcomed to apply. However, they need to be on the lookout for a few things which will come in handy before applying for funding.


Advertisement
 

NSFAS bursaries aim to provide students with access to further their studies at any of the 26 public universities or 50 TVET Colleges including students who previously studied without NSFAS.

After the #FeesMustFall, the NSFAS funding criteria changed.

Currently, to qualify for NSFAS funding, one needs to be meet the following requirements:

  • South African citizens
  • All SASSA grant recipients
  • Applicants whose combined household income is not more than R350 000 per annum
  • Person with disability: Combined household income must not be more than R600 000 per annum
  • must comply with the N+Rule 

As of 2024, continuing and First Time Entering Students (FTEN) university students must achieve a credit pass rate of 50%. Continuing and FTEN university students must achieve a course credit pass rate of 60% for the end of the 2024 academic year to succeed academically for the 2025 funding year

What does the bursary cover?

Amounts indicated of accommodation, living allowance, transport and learning materials need to be aligned with the approved latest DHET guidelines.

UNIVERSITY Allowances 

  • Living Allowance
    • R16 500 per year (R3045 personal care allowance + R13,455 meal allowance)
  • NSFAS Accommodation Allowance 2024
    • Institution owned or leased accommodation and private accommodation allowance in metro areas will be capped at R50 000 per annum. Accommodation in other areas will be capped at R41 000 per annum
    • Institution-catered accommodation will have their accommodation allowances capped at R66 500 in metro areas and R57 500 in all other areas per annum.
    • Institutions in non-metro areas can request that NSFAS review these caps in exceptional circumstances.
  • Travel allowance 
    • Students who make their own accommodation arrangements or live with relatives won’t qualify for an accommodation allowance but would then qualify for a NSFAS travel allowance, up to a maximum of R7 875 per annum
  • Learning material allowance (NSFAS Book Allowance 2024)
    • All university students qualify for a learning material allowance which is set at a maximum of R5 460. This is a once-off payment at the beginning of the academic year for the purchase of books and devices.

TVET College NSFAS Allowances 

The TVET college living allowance is R10,000 per annum.

TVET college's self-catered accommodation in metro areas is capped at R60,000 and in other areas is capped at R51,000. This is calculated on a per-annum basis. 

Students who opt to make their own accommodation arrangements with immediate family or with relatives do not qualify for the accommodation allowance. Instead, these students qualify for a travel allowance determined by the institution, up to a maximum of R7,875 in 2024. 

TVET College students may either qualify for the travel allowance or the accommodation allowance. 

TVET College students who are registered on an occupational qualification may qualify for allowances ONLY if in simulated training, students registered on an occupational qualification that have an employment contract and are paid stipend do not qualify for NSFAS allowances. 

The TVET College learning material allowance is included in the cost of tuition.

 

Suggested Article:

Dr Blade Nzimande

Post #FeesMustFall, the funding criteria for NSFAS changed. Returning students who are interested in continuing studies are welcomed to apply. However, they need to be on the lookout for a few things which will come in handy before applying for funding.








Advertisement


WhatsApp Channel

Sponsored Ad

Advertisement

Advertisement

Google News

Post-Matric Options

 

After completing your matric certificate exams, you are faced with a multitude of post-matric options that can shape your future paths.

These options range from pursuing higher education at universities or colleges, entering vocational training programs, joining the workforce, or even considering entrepreneurial ventures, each offering unique opportunities for personal and professional growth.

You've probably been contemplating the next chapter of your life all throughout the year asking yourself, 'what am I going to study after I finish completing my matric certificate exams?', 'am I going to study? What else can I do when I pass'? Well, we can help.

Advertisement


Where to Study


Advertisement


Other Articles

If you're considering applying to Letaba TVET College, it's essential to familiarize yourself with the requirements for admission. Read more for a breakdown of what you need to know. 

 


Advertisement


Latest SASSA articles

The South African Social Security Agency(Sassa) is still in the process of paying out the R350 grant to all qualifying applicants. However, if you are curious as to which grant payment collection methods Sassa currently has in place, then the following answer may be of interest to you. 

The President has confirmed that the SRD Grant is here to stay - and is going to be improved. So its still worth submitting an appeal if you were rejected unfairly for the R350 grant. Here is how the process you should follow and details on how long you can expect to wait. 


Advertisement


Careers Advice

Police officers are often looked up to as the heroes of communities and many people aspire to be in this position. If you're one of those who dream of working for the police, here's where you can study to join SAPS.


Advertisement