NSFAS provides more than 4 million students with study bursaries at universities or colleges. If you are one of those fortunate students wondering if you need to reapply for NSFAS every year, then keep on reading.
Are you interested in applying for the Funza Lushaka Bursary, however you are unsure if you qualify for the bursary since you were previously funded by NSFAS. Well, keep on reading to find out more...
Are you looking for financial assistance to further your studies? There are various options to get the funding you need to cover the cost of student tuition fees and covering your living expenses. This will allow you to focus on studying and getting the best results you can. Research has shown that graduates will earn a lot more over their lifetime than those who don't study after school, so taking out the student loan will pay off in the long run.
NSFAS Squad, Students who are approved for NSFAS funding, qualify for cash allowances to assist them in their academic journey. A NSFAS study loan or bursary is for those who do not have the financial means to fund their studies and/or cannot access bank funding, student loans or bursaries.
If a prospective student qualifies for a bursary, they will have to sign a contract with binding conditions. Accepting DHET bursary funding will not require a beneficiary to pay back the funds in monetary terms.
The President announced that “government will now introduce fully subsidised free higher education and training for poor and working class South African undergraduate students
I am a first time entrant and come from a family that earns a gross household income of up to R350 000 per annum. I have been offered a bursary/ scholarship from another funder but it does not cover my full cost of study. Can I receive funding in 2018 from NSFAS to cover the remainder of my full cost of study?
This is a grant, which covers the increases for tuition fees and university managed accommodation (where applicable), and will not have to be repaid by qualifying students.
All eligible students will be provided with a bursary that covers the actual cost of their tuition, plus a NSFAS determined allowance for prescribed learning materials.
From 2018 onwards, prospective South African FTEN university students who have received a firm offer of a space at, or confirmation of admission into, a public higher education institution and who meet the criteria for financial assistance as coming from a “poor and working class” family, will be eligible for funding.
On 16 December 2017, the President announced that government would be introducing “fully subsidised free higher education and training for poor and working class South Africans” and that this would be provided through the National Student Financial Aid Scheme (NSFAS) to first year students in 2018.
I was funded by NSFAS in the past, but dropped out in 2016 due to not meeting the academic requirements. I returned to the university in 2017 and paid my own fees through financial assistance from other sources. I meet the academic requirements to continue in 2018. Will I be funded by NSFAS?
Applications for financial aid for all learners, who wish to enter the post-school system and students, who do not have financial assistance to continue their studies in 2018 academic year, has officially opened.
The National Student Financial Aid Scheme (NSFAS) is the government student bursary and loan scheme that receives its funding budget from, and reports to the Department of Higher Education and Training.
