How To Submit Bank Details For NSFAS Allowances

The National Student Financial Aid Scheme (NSFAS) provides bursaries to not only university students but also TVET College students. These students receive NSFAS allowances as part of their NSFAS funding.

NSFAS pays these NSFAS allowances directly to students using their personal bank accounts. TVET College students can receive their NSFAS allowances through a bank account of their choice of any bank.

However, steps need to be taken before students can receive their NSFAS allowance payments.

Here's How To Submit Your Bank Details To Get NSFAS Allowances

1. Visit the NSFAS website
2. Click on 'myNSFAS portal'
3. Log in using your myNSFAS account username and password
4. Click on 'bank account details' which you can find under 'Profile information'
5. Fill in your banking details for your bank account
6. Click on 'Save'

Once you finish this process, NSFAS will then verify the information you submitted to check for successful submission of your banking details. NSFAS will then let you know once this verification process is finished and start the process of paying NSFAS allowances.

Which NSFAS Allowances Do TVET College Students Get?

NSFAS provides the following allowances to students:

• Personal Care Allowance
• Transport Allowance
  • If you live less than 40km away from the College, you're eligible for the transport allowance
• Accommodation Allowance

They will also cover tuition fees and registration fees.

Students who attend TVET Colleges but are enrolled in distance learning programmes will only have their tuition fees and registration fees covered by NSFAS and will only receive a personal care allowance once a year.