How Much Nsfas Allowance 2023-2024

How Much Nsfas Allowance Per Month 2023-2024

 

 

In every academic year, Nsfas allocates bursaries to students who have been accepted into the scheme as allowances. The Nsfas is a financial scheme operating under the Department o Higher education and training of South Africa which provides financial support to eligible South African citizens who have applied or are currently studying at any of the public colleges and universities.

 

The Nsfas bursary gives out money to students for the payment of registration fees, tuition fees, accommodation, transport, learning materials and many more. If you want to benefit from the bursary, the  2023-2024 application period is currently open from the 2nd of November 2022 and closes on the 7th of January 2023.

 

Who Is Qualified To Receive The Nsfas Allowances In 2023-2024

The Nsfas bursary is only given to South Africans who fall under the following categories:

• 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 Nsfas Allowance Do University Students Receive 2023-2024

Apart from that Nsfas pays for the registration fee and tuition fees for university students, they also provide funds 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

 

Read: Application For NSFAS 2023-2024 Closing Date

 

How Much Nsfas Allowance Do Tvet College Students Receive 2023-2024

Apart from that Nsfas pays for the registration fee and tuition fees for Tvet college students, they also provide funds 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