Nsfas Final Year Programme 2024/2025

Nsfas Final Year Courses And Programme 2024/2025

 

Students in their final year of study who will be eligible to graduate after the year are eligible to receive funding under the Final Year Programme. In 2011, the President announced the creation of this unique funding initiative. The loan becomes a 100% bursary if you graduate during your final year. The Final Year Programme is only available to students once.

NSFAS is a bursary program supported by the Department of Higher Education and Training for students who lack the resources to pay for their education and are unable to acquire bank loans, study loans, or other forms of financial aid.

What Do The Nsfas Funds Cover In 2024-205

The NSFAS provides funds to students to pay for their registration, tuition, and other learning materials. Below are some of the things the Nsfas bursary covers for the 2024-2025 year for universities and colleges:

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

TVET COLLEGE STUDENTS

• 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

Nsfas Final Year Programme 2024-2025

What Courses Are Funded By Nsfas In 2024-2025

The following are some courses and programs that are funded by Nsfas:

• Postgraduate qualifications
• Part-time studies
• Private institution courses
• A second undergraduate qualification
• Short courses

Nsfas Online Application Requirements 2024

All candidates must supply the following supporting documents to be considered; so make sure you have them available before submitting your application. Applications won’t be accepted without these materials:

• South African ID document (this can include any of the following):
• copy of green ID document
• temporary ID from the DHA
• copy of both sides of the Smart ID card
• unbridged birth certificate
• Non-SASSA grant applicants: Parents, guardians, or spouse ID documents (copies only)
• Own, parents, guardians, or spouse proof of income, if a non-SASSA applicant (this can include any of the following):
• latest payslip if employed (not older than 3 months)
• UIF letter
• employment letter
• retrenchment letter, if a non-SASSA applicant
• Students with disabilities: complete and sign the Disability Annexure A Form
• Students who are recognized as Vulnerable Children by the Department of Social Development: complete and sign the Vulnerable Child
• Declaration Form

Read: Tshwane South Tvet College Nsfas 2023

Nsfas Online Application Procedure 2024

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.