Who Pays Out NSFAS Allowances To University Students?


The National Student Financial Aid Scheme shoulders the responsibility of ensuring that all financially vulnerable tertiary students across the country's 50 universities are funded in their tertiary studies. But how is this process carried out? Here is who pays out NSFAS allowances to university students?


The National Student Financial Aid Scheme (NSFAS) allocates the funds to universities on an annual basis. Universities then disburse the allowances to all eligible students whose student funding applications have been approved.

Some universities rely on payment administrators, intellimali to process payments allocate allowances to eligible students, while others opt to allocate the funds to student bank accounts

Related: Unisa To Disburse NSFAS Allowances Differently

NSFAS has also stated that students may consult their institution for clarity as they will determine which allowances they may be eligible for with their funding. For universities, the bursary scheme covers the items listed:

  • Accommodation
  • As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence)
  • Transport (up to 40 km from institution) R7 500  per annum
  • Living allowance R15, 000  per annum Book allowances R5200 per annum
  • Incidental/personal care allowance R2900 per annum for students in catered residences.

In order to qualify for NSFAS funding, students must meet the following requirements:

  • Be a South African citizen
  • If you're a Sassa grant recipient, you will qualify for funding
  • If you are an applicant whose combined household income is not more than R350 000 per annum




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