When can I Apply for NSFAS 2024/2025

When can I apply for NSFAS 2024/2025

When can I apply for NSFAS 2024/2025:

Thank goodness for students who require financial assistance to begin or complete their undergraduate studies at tertiary (universities and technical colleges). All applicants, excluding postgraduate students, who have completed their higher education and intend to continue their studies are invited to apply for financial aid through the National Student Financial Aid Scheme (NSFAS) for the 2024/2025 academic year. Candidates who meet the requirements and are eligible for the program are accepted for bursaries.

Nsfas Application Dates for the 2024/2025 academic calendar

New applications for the Scheme will be accepted from September 2023 to January 2024. Applicants interested in applying for the fund at the National Student Financial Aid Scheme (NSFAS) must gather all necessary documentation on the opening dates in order to submit their applications as soon as possible. This is significant because each year, students submit a large number of applications, the majority of which do not receive funding due to the timing of their submission. If you apply early, your chances of being accepted for a fund increase. The Nsfas opening date is September 28, 2023.

What are the Documentations of NSFAS for Online Applications

All applicants must provide these documents as part of the application procedure. Your application will be deemed invalid and not eligible for funding if it contains forged or invalid documentation. Before submitting, these documents must be properly formatted and certified.

Copy of your ID or birth certificate
ID copies of parents, guardians or spouse of an Applicant
An Applicant must provide proof of income or 1 year’s IRP5 (if applicable)
Applicant’s parents, guardian or spouse’s proof of income
If an applicant is a SASSA grant recipient, no proof of income will be required
An applicant with a disability must submit a completed and signed Disability Annexure A Form, the form is accessible online.
An applicant who is recognized as a Vulnerable Child by the Department of Social Development must provide a completed and signed Vulnerable Child Declaration and Consent Form.

Who Is Ineligible to Apply for NSFAS?

Although the program is intended to assist all applicants who require financial aid to support their post-secondary studies for the academic year 2024/2025, not all students are eligible to apply. look at the list below

Students who have previously completed a qualification.
Students whose combined household income exceeds R350 000 per year.
Students who have previously applied, qualified and been awarded funding. They will be funded automatically for the duration of their studies if they pass their modules and meet the academic requirements.
International students (any student who is not a South African citizen).

Nsfas Benefits and Coverage for 2024/2025

The benefits are shown below based on your qualification.

Benefits derived as university students

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 annum
Living allowance: R15, 000 per annum
Book allowances: R5200 per annum
Incidental/personal care allowance: R2900 per annum for students in catered residences

Benefits derived as Tvet College Students

Accommodation in an urban area: R24,000 per annum
Accommodation in a peri-urban area: R18,900 per annum
Accommodation in a rural area: R15,750 per annum
Transport (up to 40 km from the institution): R7,350 per annum
Transport: R7000 per annum
Incidental/personal care allowance: R2900 per annum

Read Also: Unisa Status Check 2024/2025

NSFAS Application Process

step 1: Login Information

Get access to the internet
Enter www.nsfas.org.za and locate the myNSFAS button
Click on this tab to open the application page for you to begin

Step 2: myNSFAS Accout

Applicants are to create a myNSFAS account before applying for funding. Follow these steps to create your account

Log onto www.nsfas.org.za and click on the myNSFAS tab.
Click on register. Tick on the acceptance option to allow NSFAS to verify and validate the information you provided.
Type in your ID number as it appears on your ID document.
Type in your name and surname as they appear on your ID Document.
Type in your email address and cellphone number. Your username will be your email address.
Create a password and confirm your password.
Upload a copy of your ID.
Click on register.
After clicking register, a One Time Pin (OTP) will be sent to the email address and cellphone number you provided.
Check your cell phone and email for the OTP.
Type in the OTP in the tab provided and click submit.
You will then receive another SMS and email confirming that your myNSFAS account has been created. You may now continue with your application.

Step 3: Apply Now

Complete the sections on the screen by clicking on the Apply Tab

Step 4: Required Documents and submit an application

Upload required supporting documents where applicable and click on ‘Submit’

What is the Academic Requirement for Nsfas

To be eligible for NSFAS funding to attend a TVET college, an applicant must have completed Grades 9 through 12, and Grade 12 to be eligible for financing to attend a university or TVET college. Before receiving any financing from NSFAS if your application for funding is approved, you must fulfil the university’s or TVET college’s academic admission standards.

The Scheme is available to assist through the following channels: