NSFAS Payment Schedule - How Much NSFAS Allowances Will Be For December 2023

Please share this article


NSFAS has been disbursing funds for the 2023 academic year but has been experiencing some delays. NSFAS funding goes beyond just paying your fees with allowances covering other student needs.


For the 2023 academic year, nearly 1 million tertiary students throughout the country are funded by the National Student Financial Aid Scheme (NSFAS). This includes funded students enrolled in the country’s public universities and TVET colleges.

The scheme received a budget allocation of R47.6 million for the current academic year, according to Higher Education Minister, Blade Nzimande, who went on to say that this year’s NSFAS allowance payments have been adjusted for inflation. 

Nzimande also confirmed that NSFAS allowance payments would still be made on a monthly basis but will be paid directly to students through their NSFAS bank accounts, which also comes with added benefits.

How Much Will NSFAS Allowances Be For December?

According to Nzimande, the only distance university students who qualify for a personal care allowance are those enrolled for an equivalent full-time course credit load. They qualify for an annual personal care allowance payment of R3 045. 

This cohort of NSFAS funded students must be registered for a minimum of 120 course credits per year. Meanwhile those enrolled for less than 60 course credits will only receive the learning material allowance.

NSFAS Payment Schedule

All NSFAS-funded university students who live in non-catered university residences will receive an annual living allowance of R15 750 made up of R3 045 as a personal care allowance per year and R12 705 as a meal allowance. The NSFAS payment schedule informs you of when the payments will be made.

In terms of student accommodation allowance, all institutions owned or leased, as well as private accommodation, will be capped at R45 000 per academic year. Private accommodation allowances will be required to be paid directly to private accommodation service providers by Nsfas or institutions.

NSFAS Allowance Delays

Students might have experienced delays with NSFAS allowance payments. NSFAS spokesperson Slumezi Skosana attributed the allowance payment delays for November 2023 to a data adjustment process.

Skosana says this process affords institutions the opportunity to rectify their data, to address scenarios such as student module additions or cancellations and changes in allowance types, such as transitioning from transportation to accommodation.

To find out more about the NSFAS bursary, applications and the latest changes, head to our NSFAS page.


Suggested Article:

nsfas table

Many South African students aspire to pursue higher education, and for those seeking affordable options, TVET (Technical and Vocational Education and Training) colleges like Vuselela TVET College offer a promising pathway. However, the cost of education can be a significant barrier for some students.


WhatsApp Channel

Sponsored Ad



Google News


Post-Matric Options


After completing your matric certificate exams, you are faced with a multitude of post-matric options that can shape your future paths.

These options range from pursuing higher education at universities or colleges, entering vocational training programs, joining the workforce, or even considering entrepreneurial ventures, each offering unique opportunities for personal and professional growth.

You've probably been contemplating the next chapter of your life all throughout the year asking yourself, 'what am I going to study after I finish completing my matric certificate exams?', 'am I going to study? What else can I do when I pass'? Well, we can help.


Where to Study


Other Articles

Making the right career choices can be a daunting task, especially for recent Matriculants or those contemplating a midlife career shift. But here’s the good news – it’s never too late to pursue your dreams or change your career path, and Regent Business School (RBS) is here to guide you through the journey of informed decision-making.


Latest SASSA articles

Millions of vulnerable people rely on Sassa grants to purchase basic goods every month. However, does Sassa pay grants on weekends?

Sassa's Social Relief of Distress grant is a temporary measure millions of South Africans depend on. An important part of being an SRD grant beneficiary is knowing all there is to know about the Sassa status check appeal process.

Editors choice

The Asavela Peko Foundation is an organization committed to serving underprivileged communities in the Western Cape region. With a primary focus on running a feeding scheme, the foundation aims to address critical issues that affect many individuals and families.


Careers Advice

Tertiary education providers face a number of challenges, including a high dropout rate. This is where FundiMatch can help.