Yes NSFAS has to be paid back!
Students borrow the money to cover their study costs. However, the loan only needs to be repaid after completing your qualification, upon leaving University or College, found employment / in business, earning R30,000 or more annually.
Every cent of a loan repayment goes towards helping other students with funding.
However, since 2018, NSFAS turned into a bursary and should you have started your NSFAS funding after 2017, you would not have to pay back anything.






