NSFAS Students To Receive Increase In Living Allowances

Please share this article


Earlier this year, Higher Education Minister, Blade Nzimande announced that students who are funded by the National Student Financial Aid Scheme would be receiving an increase in their monthly allowances for the 2023 academic year.


Students funded by the National Student Financial Aid Scheme (NSFAS) receive several allowances that aim to cover the costs related to their studies. This includes a learning material allowance, a living allowance, and an accommodation allowance.

Minister Nzimande recently announced an across the board increase of 7% for all Nsfas allowances. Of these allowances, the living/food allowance will increase by 10% for the 2023 academic year.

These increases come amid countless appeals from students and student unions, stating that the over the past few years, the monthly allowances were not enough for students to meet their basic needs considering inflation and the rising cost of living.

In a recent statement, the South African Union of Students (SAUS) said they appealed to NSFAS to increase the food allowances of students, as the last time this was done, was in 2018.

Saus noted that the bursary scheme then increased the allowances by 5%, to which they rejected, on the basis that the food afforded by students with the 2018 allowance, had far diminished to them now affording almost 60% of the food they can buy now with that same allowance.

We therefore advocated for a much larger increment, and although we couldn’t get what we’d proposed, we agreed on rather a 10% increment, to which the minister of DHET and the chair of NSFAS board announced in a join media briefing.

After a meeting held with NSFAS and various other stakeholders it was reaffirmed the decision by government to increase living allowances by 10% as per the submission of the union, and not 5%.

Saus continued, "Therefore, the meeting resolved that pending a concurrence with the Minister, all increments shall be processed before the end of this week and paid retrospectively to students at the next “ingenile”."

Furthermore, Nzimande held a meeting with Universities South Africa (USAf) to discuss concerns raised by students at various public universities, including the cap on student accommodation allowances.

NSFAS recently revealed that accommodation allowances paid by the bursary scheme will be capped at R45 000 per annum for all funded students.

Students have expressed that the new allowance limits aren’t feasible because of the rising costs for housing across various geographic areas in the country.

Minister Nzimande said the committee would meet during this week to look at cases and practical solutions for the current student accommodation crisis.

NEWS: Minister Defends NSFAS Accommodation Price Cap

HOW TO: How To Sign Up For A NSFAS Mastercard For Allowances


Suggested Article:

Nsfas cap on student accommodation causes tension

Universities across South Africa are not having a smooth start to the academic year, as students battle with various challenges, particularly the recently implemented blanket cap on NSFAS student accommodation allowances.


WhatsApp Channel

Sponsored Ad



Google News

Post-Matric Options


After completing your matric certificate exams, you are faced with a multitude of post-matric options that can shape your future paths.

These options range from pursuing higher education at universities or colleges, entering vocational training programs, joining the workforce, or even considering entrepreneurial ventures, each offering unique opportunities for personal and professional growth.

You've probably been contemplating the next chapter of your life all throughout the year asking yourself, 'what am I going to study after I finish completing my matric certificate exams?', 'am I going to study? What else can I do when I pass'? Well, we can help.


Where to Study


Other Articles

In a country with a staggering unemployment rate, it's important that awareness is brought to industries where employees are needed. Citizens can use this list to see which careers they could follow and potentially boost their employment prospects. 


Latest SASSA articles

The South African Social Security Agency(Sassa) is still in the process of paying out the R350 grant to all qualifying applicants. However, if you are curious as to which grant payment collection methods Sassa currently has in place, then the following answer may be of interest to you. 

The President has confirmed that the SRD Grant is here to stay - and is going to be improved. So its still worth submitting an appeal if you were rejected unfairly for the R350 grant. Here is how the process you should follow and details on how long you can expect to wait. 


Careers Advice

Police officers are often looked up to as the heroes of communities and many people aspire to be in this position. If you're one of those who dream of working for the police, here's where you can study to join SAPS.