nsfas wallet
NSFAS is the National Student Financial Aid Scheme which is a government loan and bursary fund for students through the NSFAS funding. NSFAS application and registration opens in the later part of the year for students with the NSFAS closing date usually being in the next calendar year.
NSFAS gives bursaries to students from poor and working class backgrounds which goes beyond just paying for your fees. They’ll also pay for your registration, accommodation, transport, books through NSFAS allowances.
So what are the NSFAS requirements?
The most important requirement is that your household income should come to R350 000 or less per year. This means that if you add up everyone’s salaries in your house for the year and it comes to over R350 000, you won’t qualify.
Usually, students and future students will submit their NSFAS online application for a NSFAS bursary using myNSFAS.
The NSFAS Wallet is where NSFAS allowances are located for students. Students receive allowances directly from NSFAS to withdraw or spend at any trader that's partnered with the organization.
Careers Portal has everything you need to know about NSFAS applications, NSFAS allowances and NSFAS.
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