The National Student Financial Aid Scheme (NSFAS) offers extensive financial assistance to eligible students, which includes bursaries, loans and allowances for living expenses, learning materials, and accommodation. This support is exclusively available to students enrolled in accredited programmes at public universities and Technical and Vocational Education and Training (TVET) colleges in South Africa.
How Much Are NSFAS Allowances?
For university students, the living allowance will be R16,500 annually, which includes R3,045 for personal care and R13,455 for meals. Additionally, university students receive a learning material allowance of up to R5,460.
TVET college students receive a living allowance of R10,000 annually. The learning material allowance for TVET students varies depending on the courses they are registered for.
Special provisions are made for students with disabilities, who receive higher living allowances and a learning materials allowance. However, certain conditions apply, such as eligibility for allowances only during simulated training for some TVET students.
Monthly NSFAS Allowances for July
NSFAS meal and personal care allowances are divided into 10 payments. This means that in July, students will receive a meal allowance of R1,345. Students who live in catered accommodation will receive a personal care allowance of approximately R300.
Transportation Allowance
If students live 10 km away from campus, they are eligible for a transportation allowance of R7,718 annually, which means students receive a monthly travel allowance of R771. It's important to note that this allowance will be given directly to the student if the institution hasn't arranged travel on their behalf.
Remember, NSFAS will only fund you if you maintain your academic eligibility criteria. Ensure you meet all necessary requirements to continue receiving these benefits.
