How Much Does Nsfas Give Students In 2023-2024

How Much Does Nsfas Give Students For Accommodation In 2023-2024

 

Are you a South African undergraduate student or high school graduate who has submitted a successful NSFAS (National Students Financial Aid Scheme) application? Has it been confirmed that you are selected among the people who are going to receive the funds, do you know how much you are going to receive from nsfas every month, keep reading, this blog post has enough explanation for you.

 

The Nsfas allowances given are allocated for the payments of registration fees, tuition fees, transportation, accommodation, meals etc. Therefore, if you are identified as a beneficiary, a monthly student allowance will be given to you. It should be noted that this normally starts as soon as academic activities pick back up.

 

Therefore, if your college or university is still out on vacation, you might need to be patient. These allowances are nonetheless paid in cash. As a student, you can receive payment directly using NSFAS Wallet, or your school may do so.

 

Read: How Much Is Nsfas Allowance For 2023

 

Who Is Qualified Recieve The Nsfas Funds In 2023

The following are the people who qualify for the 2023 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 whose household income is not more than R122 000 per annum.

 

How Much Does Nsfas Give To University Students In 2023-2024

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 R2900 per annum for students in catered residences

 

How Much Does Nsfas Give To Tvet College Students In 2023-2024

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 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

 

CONTACT NSFAS

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

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