The National Student Financial Aid Scheme (NSFAS) remains a critical source of financial support for thousands of South African students.
NSFAS provides comprehensive bursaries and student loans to deserving learners enrolled in approved courses at universities and TVET colleges. These bursaries cover tuition and registration fees, as well as several allowances for food, accommodation, and learning materials.
NSFAS Allowance Payments For 2024
University Students
- Living Allowance: R16,500 per year (R3,045 allocated for personal care, R13,455 for meals)
- Learning Material Allowance: Up to R5,460
TVET College Students
- Living Allowance: R10,000 per year
- Learning Material Allowance: Varies depending on the course
There are additional provisions for students with disabilities, including higher living allowances and a larger learning materials allowance, subject to certain conditions.
NSFAS Monthly Allowances for December
NSFAS allowances are divided into 10 payments every year. This means that in December 2024, students will not receive any allowance.
December is different to every month due to NSFAS not paying allowances during this month. NSFAS only pays allowances for 10 months every year, during the academic year.
The academic year commences in February and ends in November for most institutions which means that NSFAS pays allowances from February until November.
This article was updated on 25 November 2024.
