How Many Months Does Nsfas Pay In 2024

How Many Months Does Nsfas Pay In 2024

Are you a South African undergraduate student or high school alumnus who successfully applied for financial aid through the NSFAS? If it has been confirmed that you are one of the individuals chosen to receive the funds and you have questions about how much money you will receive from NSFAS each month, continue reading because this blog article will provide you with all the information you need.

Over ten months, NSFAS payments will be paid during the first week of each month. The Nsfas grants are used to cover costs such as registration fees, tuition, accommodation, meals, and other expenses. As a result, if you are chosen as a beneficiary, you will get a monthly student allowance. It is important to remember that this typically begins as soon as academic activities resume.

From the 21st of November 2023, the online application window will open to all applicants who wish to apply for the bursary, and on the 31st of January 2024, it will be closed. You must be South African to be able to apply. During your application, it will be required by Nsfas that you upload all your application requirements attached to your application documents.

Who Is Qualified to Receive the Nsfas Funds In 2024

The following are the people who qualify for the 2024 Nsfas allowances:

• All South African citizens
• All SASSA grant recipients qualify for funding
• Applicants whose combined household income is not more than R350 000 per annum
• A person with a disability: Combined household income must not be more than R600 000 per annum
• Students who started studying before 2018 and whose household income is not more than R122 000 per annum.

Read: How Often Nsfas Pay For Accommodation In 2023

How Many Months Does Nsfas Pay University Students In 2024

NSFAS allowances will be paid during the first week of each month over 10 months. University students who are confirmed by Nsfas for funds will receive the following amounts as allowances every month to pay for the following:

• 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, of 000  per annum
• Book allowances R5200 per annum
• Incidental/personal care allowance of R2900 per annum for students in catered residences

How Much Does Nsfas Give To Tvet College Students In 2024-2025

Throughout a 10-month term, NSFAS allowances will be paid during the first week of each month. Tvet College students who are confirmed by Nsfas for funds will receive the following amounts as allowances every month to pay for the following:

• Accommodation in an urban area is R24,000 per annum
• Accommodation in a peri-urban area R18,900 per annum
• Accommodation in a rural area is 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

CONTACT NSFAS

For any queries related to this bursary program, please contact NSFAS directly:

• Tel: 0860 067 327
• Email: info@nsfas.org.za

Hope the information given has been helpful to you, leave your comments in the comments section. Better still you can visit the official website of NSFAS for more details.