What Does Nsfas Bursary Cover

By | November 18, 2021

What Does Nsfas Bursary Cover

What does nsfas bursary cover

What does nsfas bursary cover

An NSFAS loan is the money you borrow to cover the costs of your studies. The costs include tuition fees, food, accommodation, books and travel allowances. All loans are only paid back to NSFAS after you have graduated or left university or college, found employment/ in business, and earned R30 000 or more per annum.

To get funding for your 2023 academic year, apply to NSFAS now! NSFAS offers to fund University students as well as TVET College students in the form of a bursary. Getting funded by NSFAS does not only cover your tuition fees but will have you receive funding for other needs you have as a student.

University Students

  • Tuition Fees
  • 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 the institution) R7 500  per year
  • Living allowance of R15,000  per year
  • Book allowances of R5200 per year
  • Incidental/personal care allowance of R2900 per year for students in catered residences

TVET College Students

  • Tuition Fees
  • Accommodation
    • Urban area R24,000 per year
    • Peri-urban area R18,900 per year
    • Rural area R15,750 per year
  • Transport
    • up to 40 km from the institution R7,350  per year
    • R7000 per year
  • Incidental/personal care allowance R2900 per year

NSFAS will also provide assistive devices & human support for applicants with disabilities.

Click here for NSFAS Application Closing Date 2023

What documents do I need to apply for NSFAS? 

  • ID document/ ID card (certified copy and electronic copy)
  • Unabridged birth certificate (if you do not have an ID document or ID card) (certified copy and electronic copy)
  • Parents/guardians’ ID documents (certified copy and electronic copy)
  • Parents/guardians’ death certificate (if applicable) (certified copy and electronic copy)
  • Payslips/ employment letters/ pension advice (not older than three months) (do not submit SASSA slips. SASSA should be excluded from household income) (certified copy and electronic copy)
  • Contact details (cellphone number/ email address where NSFAS can communicate with you throughout the application process, as well as to provide feedback on the outcome of your application)
  • NSFAS Consent Form (.pdf) – completed and signed by parents/ guardians
  • If disabled, complete and include the NSFAS Disability Annexure A (.pdf)
  • If orphaned, complete and include the NSFAS Declaration Form (.pdf) – to be signed by an Isibindi Child Youth Care Worker/ a social worker from the Department of Social Development and submitted to an Isibindi Centre/ NYDA office.
See also  NSFAS Consent Form PDF 2023

How to Apply for NSFAS Online 2023

If you would like to apply for NSFAS 2023, follow the steps outlined below:

  1. You have to visit the NSFAS website: www.nsfas.org.za online
  2. Then, you have to click on the “myNSFAS” tab
  3. After that, you create your myNSFAS account
  4. After creating myNSFAS account, you then have to click on the “Apply” tab
  5. Answer the following questions you see on your screen
  6. Update all your personal information
  7. Upload all the required supporting documents
  8. Lastly, Click on “Submit” to send your application for review.

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