The National Student Financial Aid Scheme (NSFAS) has confirmed how much NSFAS allowances will be for university students in February 2025.
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 allowances are divided into 10 payments 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.
How University NSFAS Allowance Payments For February 2025 Will Be Made
During the second half of 2024, NSFAS made the announcement that they will no longer use the NSFAS Bank Account and instead said that university allowances will be paid to students through universities.
Allowances of students will be paid based on an approved NSFAS payment channel.
NSFAS planned for allowances for university students to be paid directly to their personal bank accounts. NSFAS has however been unable to put this in place due to an ongoing court case.
Universities will therefore continue to pay allowances to students directly in February 2025.