How Often Nsfas Pay For Tuition Fees In 2023

How Often Nsfas Pay For Tuition Fees  Allowance In 2023

 

 

Universities and TVET Colleges are preparing to start their registration processes as the new academic year is about to start. Students must pay a registration fee in order to enrol, but does the NSFAS bursary cover these costs?

A significant portion of South African students will be entitled to NSFAS payments of tuition fees in 2023, particularly those who start their studies at TVET institutions and universities. The student’s family’s income, which cannot be more than R350 000 per year, is one of the additional factors taken into account.

If you are qualified and complete the requirements, NSFAS will pay for more than just your tuition. Over the course of ten months in every academic year, NSFAS payments will be paid during the first week of each month.

 

How Often Nsfas Pay For Tuition Fees In 2023

Nsfas bursary pays for tuition fees as soon as the 2023 academic season begins. If you are chosen as a beneficiary, you will get a monthly student allowance. It should be noted that this typically begins the moment academic activities resume.

Therefore, you might need to exercise patience if your school is still on vacation. Nevertheless, cash is used to pay for these allowances. As a student, you have the option of receiving payment directly through the NSFAS Wallet or through your school.

 

What Does Nsfas Pay For University Students In 2023-2024

Often, Nsfas pay for tuition fees, registration fees, learning materials and more, below are some of the areas Nsfas pays an allowance for University students:

• Accommodation (As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence) -R5,617 (Private)
• 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

 

What Does Nsfas Pay For Tvet College Students In 2023-2024

Often, Nsfas pay for tuition fees, registration fees, learning materials and more, below are some of the areas Nsfas pays for 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

 

How Often Nsfas Pay For Tuition Fees In A Year

The Department of Higher Education and Training funds and oversees the government programme known as the National Student Financial Aid Scheme (NSFAS), which provides student bursaries. The first week of each month for a 10-month period, NSFAS allowances will be paid.

 

CONTACT NSFAS

 

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

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