National Student Financial Aid Scheme NSFAS Details

If you need financial aid for your tertiary institution, Apply for National Student Financial Aid Scheme (NSFAS) Bursary for the 2023 – 2024 academic year.

Applications open for a limited time at the end of each year. The National Student Financial Aid Scheme (NSFAS) Online application for 2023 – 2024 is open from September to November every year. It is a government student financial aid scheme that is given to poor undergraduate students in South Africa to assist them to pay for the cost of their tertiary education after completing high school.

NSFAS financial support previously was in the form of loans and still needs to be paid back when you find employment after completion of your studies. If you passed all your subjects, 40% of the NSFAS funding for that particular year/semester was converted into a bursary. This means you will only pay back 60% of the loan when you start working.