The National Student Financial Aid Scheme (NSFAS) is a vital lifeline for countless South African students, providing crucial financial assistance to help them pursue their academic dreams. Among the essential benefits offered by NSFAS are monthly allowances, which are designed to cover living expenses, accommodation, transport, and learning materials.
NSFAS has outlined its allowance payment plan for the remainder of the year, detailing how payments will be made to students enrolled in approved programmes at Technical and Vocational Education and Training (TVET) colleges.
Which NSFAS Allowances Do TVET College Students Get?
NSFAS provides the following allowances to students:
- Personal Care Allowance
- All students funded by NSFAS get the personal allowance
- Transport Allowance
- If you live less than 40km away from the College, you're eligible for the transport allowance
- Accommodation Allowance
They will also cover tuition fees and registration fees.
NSFAS allowances are divided into 10 payments every year. This means that in January 2025, students will not receive any allowance.
December and January are 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 only.
