Last Chance To Apply For NSFAS 2024

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NSFAS currently funds more than one million students in tertiary education in South Africa. This number is set to grow as the financial aid scheme has officially opened 2024 NSFAS applications. 

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The National Student Financial Aid Scheme (NSFAS) will soon be closing the 2024 application period for students who want to study in 2024 but need financial assistance. Prospective students can begin submitting their NSFAS bursary applications on the official NSFAS website using the online application process.

NSFAS applications for 2024 close on 15 February 2024.

NSFAS provides comprehensive funding to more than one million students enrolled in approved programmes at public universities and Technical and Vocational Education and Training (TVET) colleges.

The bursaries offered by NSFAS are designed to cover all costs associated with tertiary education. This includes funding for tuition and registration fees, along with various allowances.

Students receive accommodation allowances, meal allowances, and stationery allowances from NSFAS. Adjustments are made to the allowances for students living at home or in catered accommodation. Students are eligible for NSFAS funding if they are South African citizens who live in households with a combined household income of no more than R350 000 per annum. Students with a disability have a higher threshold of R600 000 per annum. This can be specified on the NSFAS online application form when making the request for funding.

No Matric Results Needed Before NSFAS Application 2024

NSFAS encourages all eligible students to submit their applications during the designated application period. They also reminded grade 12 learners that matric results are not a prerequisite for submitting a NSFAS application

So learners who sat their Matric exams at the end of 2023 do not have to wait for their matric exam results to be released on the 19th of January before they apply for NSFAS funding. You can create an account on the MyNsfas student portal now and make your application. If you Matric results are a passing grade they will be linked to your application automatically once they are released.

No Documents Needed To Apply For NSFAS In 2024

NSFAS revealed that they are in discussions with the Department of Basic Education (DBE), to enhance the application validation process, particularly concerning parental relationships. These adjustments aim to improve verification procedures and ensure timely confirmation of funding decisions.

READ MORE: What A NSFAS 'Funding Eligible' Status Means

Applicants are urged to provide accurate information, as mistakes may lead to the rejection of their NSFAS 2024 applications. The process is simplified this year so many applicants will not be required to submit supporting documents with their application.

As was the case with the last few years, South African Social Security Agency (SASSA) grant beneficiaries will receive immediate funding decisions without the need for additional supporting documents, except for learners with disabilities.

How To Submit A 2024 NSFAS Application

Step 1: Create a myNSFAS account

Step 2: Click on the ‘Apply’ tab to update your personal information

Step 3: Upload your application supporting documents

Step 4: Submit your application

To enhance accessibility, NSFAS will introduce a mobile application for 2024 applications. The application will only initially be compatible with iPhone operating systems (iOS) and Android, later extending to HUAWEI devices. 

The mobile app, set to include biometric capabilities later in the year, allows students to track their application statuses and funding through WhatsApp at 078 519 8006 and USSD at 12067327#.

Who Qualifies For NSFAS Bursary Funding

To qualify for NSFAS, applicants must be South African, enrolled in an approved course at a public university or Technical and Vocational Education and Training (TVET) college and not exceed the household income threshold. 

Applicants may not have a household income exceeding R350,000 while disabled students may not have a household income that exceeds R600,000. The latest data from SARS will help NSFAS verify if applicants meet the household income threshold. 

How To Check Your NSFAS Status 

Step 1: Visit the myNSFAS student portal.

Step 2: Enter your username and password on the NSFAS website and then click SIGN IN

Step 3: Click on Track Funding Progress to check your NSFAS application status.

If your application for NSFAS is rejected, you have the right to submit a NSFAS appeal application. You will be provided with the reason your funding application was rejected

How To Submit A NSFAS Appeal

Step 1: Visit myNSFAS website.

Step 2: Log into your myNSFAS account.

Step 3: Click the 'Track Funding Progress' option.

Step 4: Check the application progress tabs.

If your application status reflects an unsuccessful message, you may submit an appeal by clicking on the 'Submit Appeal Tab'.

Once you are on the 'Application Appeal' page, you can see the reason for your unsuccessful application status.

Step 5: Choose the appeal reason.

Step 6: Upload certified supporting documents to support your reason.

Step 7: Click 'Submit Appeal'.

Who Can Submit A NSFAS Appeal 

A student whose application for financial aid is rejected, or the financial aid for a continuing student is withdrawn can submit a NSFAS appeal. NSFAS warned that appeals will only be considered for students who have applied for NSFAS funding. 

The appeal decisions are subject to budget availability.

Who Cannot Submit A NSFAS Appeal?

Students can not submit a NSFAS appeal application if they are registered for a qualification that NSFAS does not fund or if they have reached N+2 (or N+3 in the case of students with disabilities).

They will also not consider appeal applications where the student is a gap year student to whom NSFAS previously denied financial aid because they did not meet the academic eligibility criteria.

The appeal will also not be considered if the institution has not submitted its registration record to NSFAS or has submitted an incorrect registration record such enquiries should be directed to the institution.

Why NSFAS Applications in 2024 Are Opening So Late 

NSFAS says the decision to open the application process in November aims to expedite decision-making processes by allowing for shorter turnaround times. Opening applications in November also aligns with the financial eligibility assessment, which requires updated information from the South African Revenue Service (SARS). 

Suggested Article:

nsfas press conference

It's almost time for NSFAS applications to open for the 2024 academic year. This year's applications are opening later than normal but why?

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