Does NSFAS Pay for Diploma Courses?
NSFAS provides higher education funding to students from poor and working-class families who would otherwise not afford to study. You have come to the right place to learn more about whether NSFAS funds diploma courses.
NSFAS will cover any course studied at a public institution, with a few exceptions. It's important to remember that NSFAS only funds your first qualification and won't fund your postgraduate one.
The financial aid scheme will also cover your online course, should it be done through a public University or TVET College.
To clearly put you at ease in answering your question, yes, NSFAS will fund your diploma course under the requirements of the public institution you are registered with.
Students who accept funding from NSFAS will also be required to meet certain conditions in order to continue receiving funding.
Such conditions include the use of the means test and the loan conversion of up to 40% of any loan as incentive for academic success.
NSFAS provides loan or bursary to the designated higher education institution, rather than to the applicant.
Once NSFAS to enters into an agreement with higher education institutions or further education and training colleges, they are then permitted to:
• Administer bursaries granted to students of the institution.
• Receive loan and bursary applications from students.
• Consider and assess the applications in light of the criteria for the granting of bursaries determined by NSFAS.
• Grant bursaries if the criteria are met after verification processes.
• Enter into a written agreement with a borrower or applicant in accordance with the provisions of the guidelines and on the terms and conditions determined by NSFAS.
NSFAS defines the funding as a loan or bursary in order to enable the person to cover the costs connected with his or her education at a designated higher education institution.
It also extends to cover accommodation of that person for purposes of attending the institution.
NSFAS determines the conditions under which bursaries are granted to students, ensuring that students are provided with sufficient funds to cover their costs of tuition and accommodation at any public higher education institution.
To learn further about NSFAS, click here.
Those looking for student accommodation, have you looked at CampusKey yet? You really should. With all-inclusive student accommodation, you'll be on your way to being inspired and gaining that success that's well in your grasp. Apply now to live in a space that's won many awards.
A background in Logistics offers one the qualification to be able to oversee or organize the transportation, storage and distribution of goods within a business’ supply chain, which represents a vital part of the business’ ability to perform efficiently. For someone who has their sights set on a career in Logistics, South African private and public universities offer a great variety of qualifications within this field to choose from.
Most popular articles today
Students at the University of the Free State may have to present vaccination certificates to access campuses next year. This comes as the institution is looking to return students to campus in a way that will prioritize safety and minimise the risk of Covid-19 infections.
The recently held National Teachers Awards included a prize where teachers needed to identify a learner who would win a Funza Lushaka Bursary. This Bursary offers a multi-year programme to students, which promotes teaching as a profession.
Other people were also interested in:
After the University of Cape Town announced the launch of their online high school, they have now confirmed the appointment of the director and principal of the school who is an avid educationalist.