The National Student Financial Aid Scheme (NSFAS) has given a second chance to students who are currently unfunded for the 2021 academic year. Applications for students who might have missed their chance applying for a NSFAS bursary are now open.
So who can apply? The usual household income threshold still applies which is R350 000 per annum and R600 000 per annum for students living with disabilities.
You have to be a registered student at one of South Africa's 26 Public Universities. Students also need to not have any other bursary or financial aid in place.
NSFAS will need students to pass a minimum of 50% of their modules as well.
There has also been some confusion when it comes to how these NSFAS applications will work but NSFAS has cleared some of the confusion up.
Universities have to give NSFAS a list of registered students who are eligible for this funding window. This is a once-off opportunity.
From then on, NSFAS is sending messages to these students to go and submit their applications on the myNSFAS portal. This means that students cannot apply if they haven't received a message from NSFAS.
Applications will close on 3 September 2021.
NSFAS Spokesperson, Kagisho Mamabolo, said:
This group of students who registered at the beginning of the year and now Universities and students leaders have informed NSFAS that these students seemingly, they don't have money and they seem to qualify for NSFAS.
The board then went and looked at whether they have the budget for this and also considered the impact Covid-19 has had on financial circumstances on families. This is the first time in history that the financial aid scheme has implemented this kind of action.
The 2022 application period has not yet opened but will open in September.
Should you be rejected with this 2021 funding window, you can still apply when 2022 applications open.