Is NSFAS A Bursary Or Loan?
When applying to tertiary institutions, there is always a concern about how you will pay the tuition. This is when you may come across NSFAS. To find out whether it is a bursary or loan, keep on reading...
The National Student Financial Aid Scheme (NSFAS) is a government entity that falls under the Department of Higher Education and Training.
NSFAS offers financial support to students who do not have the means to pay for their studies at tertiary institutions (public universities or TVET colleges).
NSFAS operated as a loan until December 2017 and since 2018, NSFAS has been a bursary scheme.
If any of the following applies to you then you qualify for this bursary:
- South African citizen
- SASSA grant recipients qualify for funding
- Applicants whose combined household income is not more than R350 000 per annum
- A person with a disability: Combined household income must not be more than R600 000 per annum
- Students who started studying before 2018 whose household income is not more than R122 000 per annum.
You are welcome to apply for funding to any public universities or TVET colleges.
Registrations for the 2021 academic year are open at the False Bay College. The False Bay College’s mission is to develop people by serving as a gateway to employment, small business development, and higher education for the community.
Cornerstone institute was established in 1970, situated in Cape Town and is a non-profit educational institution. It is also a fully accredited Private Higher Education Institution that offers undergraduate programmes across various disciplines in the Faculty of Humanities, Entrepreneurship and Economic Transformation. Their aim is to ensure that students who graduate from the institution are able to make a difference in all the fields of study provided at Cornerstone.
African Film Drama (AFDA) is the school for the creative economy and was established in 1994 with campuses in and around South Africa. The institution is a Private Higher Education Institution owned by Stadio Holdings and offers Higher Certificate and Degree programmes that are registered by the Department of Higher Education and Training (DHET) and the South African Qualifications Authority (SAQA). AFDA offers courses in film, television, performance, business innovation and technology, radio and podcasting.
Registrations for the 2021 academic year are open at the North-West University. The North-West University’s mission is to function as a unitary, integrated, multi-campus university that enables equity, redress and globally competitive teaching and research across all three of its campuses.
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