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What does NSFAS offer?

A NSFAS loan is the money you borrow to cover the costs of your studies.

The costs include tuition fees, food, accommodation, books and travel allowances.

All loans are only paid back to NSFAS after you have graduated or left university or college, found employment/ in business, and earning R30 000 or more per annum.

If you are still studying or unemployed, you are not required to start making repayments.

At TVET Colleges NSFAS students receive bursaries, which need not be repaid.

NSFAS also administers bursaries such as the Funza Lushaka Teacher Bursary;

Department of Social Development Bursary;

DHET Disability Bursary and numerous other bursaries from Sector Education and Training Authorities (SETAs).

Related Article: What is NSFAS?

 

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