Scam Targets NSFAS Students

The National Student Financial Aid Scheme (NSFAS) will no longer be communicating directly with students via SMS channels during the 2019 academic year, with immediate effect, and advises students to only use the myNSFAS Online Self-Service Portal to view application status or any other information relating to funding after students were targeted in phishing email and text message scams

Scam Targets NSFAS Students

Over the past two weeks, first-time applicants, returning and continuing students have been targeted in these scams that aim to compromise personal data.

NSFAS identified scams in which fraudsters lure students into providing confidential information via a link to a site controlled by the attackers.

The email or text message scam is designed to look like it is a regular message issued by the NSFAS contact centre.

“Unidentified attackers are posing as NSFAS representatives and sending out emails requesting applicants and progressing students to update their account information by clicking on an embedded link.

We would like to warn all the applicants, students and parents to be aware of these fraudsters and take extra care when dealing with their personal information online or over the phone.

Any SMS messaging regarding funding received following this message will be from fraudsters and not NSFAS,” says Dr Randall Carolissen, NSFAS administrator. 

“We are seeing an increase in fraudulent activities, possibly due to the increase in the number of applications.

We advise every student that NSFAS will never ask for your account details, password, PIN or OTP (one time password) over the phone or via email.”

NSFAS contact centre call centre agents will ensure that suitable precautions are being taken and key security questions are asked to positively identify the person contacted.

Other official notices will be published on the NSFAS official website www.nsfas.org.za or the official Twitter page @mynsfas.

NSFAS is working with the law enforcement agencies to investigate the matter.

Article Category

Other Articles

Students who are studying teaching or prospective education students who require funding, this one is for you. The National Student Financial Aid Scheme (NSFAS) could possibly be able to assist you with your funding needs. If not, we have another option too. 

Those that excel in business all possess a number of core skills: they’re efficient, decisive and strategic. They’re able to think on their feet and take responsibility for their actions. Excellent communicators too, they find it easy to talk to and relate to just about anyone they meet.

Since South Africa has been hit by the pandemic there has been a need for more healthcare workers, so why does the country need nurses? Keep reading to find out. 

With the Covid-19 pandemic still rampant in 2021, both public and private High Schools have had to adapt their Matric curriculum programme in order to make up for time lost during the epidemic, with some IEB schools having to alter their teaching methods as a result.

Kristal Duncan-Williams from Youth Capital gave some advice for Matrics looking to enter the workforce immediately. Youth unemployment is a major issue in South Africa and greater focus needs to be placed on not only graduates looking for work, but Matriculants as well.