nsfas sbux balance

NSFAS extended a lot of apologies but it would have been cold comfort for TVET students who were told they would be paid their allowances on Friday.

The National Student Financial Aid Scheme is no stranger to controversy and allegations of fraud, corruption and maladministration. Now, the CEO of the bursary scheme may be soon placed under investigation after criminal complaints were laid against him.

If you’ve had your application rejected by the National Student Financial Aid Scheme, you will have a chance to appeal the decision. We have some insight into everything you need to know about the appeal process, from submitting your appeal to tracking it.

The National Student Financial Aid Scheme has extended their Trimester 2 applications for certain qualifications. If you have not yet applied, but require funding, you still have a chance.

Amidst the current digital transformation, the National Student Financial Aid Scheme has recently launched a bank card which students can use to make transactions and purchases. However, students with disabilities will receive their allowances in a different manner.

Following the discovery that NSFAS funds amounting to R5.1 billion were improperly spent on funding students who did not qualify for financial assistance, calls for the resignation of the Higher Education Minister have intensified. 

Students have faced a number of challenges when it comes to submitting, appealing and tracking their NSFAS applications. While students are frustrated with further delays, the organisation claims that this could be due to several possible reasons.

Back in January, the National Student Financial Aid Scheme announced that they would be introducing a R45 000 accommodation cap. Amidst ongoing housing issues and the shortage of suitable accommodation, student organisations are now calling for this cap to be reconsidered.

One of the most common challenges NSFAS-funded students face is access to suitable and affordable accommodation while they complete their studies. NSFAS chairperson, Ernest Khosa, revealed what the government, together with the bursary scheme plan to do to improve the situation.

Since its establishment, millions of disadvantaged students have been funded through the National Student Financial Aid Scheme. NSFAS funded students also appear to be consistently outperforming students not receiving financial aid.