The National Student Financial Aid Scheme (NSFAS) provides comprehensive funding to eligible students registered in an approved academic programme at a public university or Technical and Vocational Education and Training (TVET) colleges.
NSFAS funding is highly sought after as successful applicants benefit from comprehensive funding that covers almost all the costs associated with obtaining a tertiary education qualification.
This funding includes the money for tuition and registration fees. They also include several NSFAS allowances for students that aim to cover the costs students will incur during their quest to obtain a tertiary education qualification.
Whether you want to apply for a NSFAS bursary or a NSFAS missing middle student loan, you will need to understand your myNSFAS status.
The NSFAS application status informs students whether their application was successful or unsuccessful and also provides students with information about further actions they should take if they want to benefit from NSFAS funding.
What Does A 'Registration Received' NSFAS Status Mean?
A “registration received” NSFAS status means that NSFAS has received your registration from the institution and you will soon be reaping the benefits of NSFAS funding.
Before students receive a “registration received '' NSFAS status, they would have had a provisionally funded status.
While NSFAS can confirm you are deserving of a bursary, they will only authorise payments once they receive your registration from your university or TVET college. This is why students get a “registration received” NSFAS status when this has occurred.
Once you receive this NSFAS status, you gave full approval for NSFAS funding.
Applying For NSFAS Funding
If a student wants to be considered for NSFAS, they will need to apply for funding during the official NSFAS application window. Students are required to timely apply for NSFAS financial assistance, ensuring all necessary documents are included.
It's essential for students to provide precise, thorough, and accurate information to NSFAS during both the application process and appeals. Failure to do so may lead to rejection of applications and appeals.
If inaccurate or incomplete data leads to students receiving funding they aren't eligible for or being overpaid, NSFAS reserves the right to withdraw financial aid and recover the excess funds from the student.
