The National Student Financial Aid Scheme (NSFAS) is a government student bursary scheme which receives its funding budget from, and reports to the Department of Higher Education and Training. NSFAS will cover more than just your tuition fees, should you qualify.
NSFAS offers bursaries to South African students who plan to study at public universities and TVET colleges. They cover funding for registration, tuition and allowances.
NSFAS funds students depending on the duration of their course or degree.
So will they fund failed courses?
The answer is yes they will.
According to the NSFAS policy agreement students must pass at least 50% of their modules as well as meet the academic requirements of their institution in order to continue receiving financial aid during the course of their study period.
This means you will be given another opportunity to do those failed modules granted you passed 50% of the total modules you were registered for.
Students are granted one year extra of funding should they fail a year in their course. This is according to the N+1 rule which NSFAS currently has in place.
It is important to further note that, the N+ rule is not based on the number of years that a student has been funded, but on the number of years that the student has been registered for tertiary study at any public university in South Africa.
Visit the NSFAS website for more information on this bursary.
