What Does Nsfas Bursary Cover 2023

What Does Nsfas Bursary Application Cover 2023

 

 

Most Public Universities and Tvet Colleges are currently open for enrollment into the 2023-2024 academic year. Every year, all new and fresh South African student who gets enrolled also has the chance to apply for Nsfas bursaries.  The National Student Financial Aid Scheme, or NSFAS, is a government loan available to only South African students to assist them in paying for their education.

 

Nsfas financing applications for the year 2023 academic will be accepted from the 1st of November 2022 and will close on the 21st of January 2023. The Nsfas funds cover the costs of tuition fees, food, accommodation, books and travel allowances. All brsaries are to be paid back to NSFAS after you have graduated from university or college and found employment earning R30 000 or more per annum.

 

Nsfas Bursary Application Date For 2023-2024

The online application date for Nsfas 2023-2024 begins on November 2nd, 2022, and closes on January 7th, 2023. Therefore, applicants are requested to submit their applications by the deadline.

 

Read: Tshwane South Tvet College Nsfas 2023

 

What Does Nsfas Bursary Cover 2023-2024

The Nsfas funds have been allocated to pay for the following :

 

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 R2900 per annum for students in catered residences

 

Tvet Colleges:

 

• 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

 

Nsfas Online Application Requirements For 2023

All candidates must supply the following supporting documents in order to be considered for the funds, 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 recognised as Vulnerable Children by the Department of Social Development: complete and sign the Vulnerable Child

 

• Declaration Form

 

CONTACT NSFAS

 

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

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

 

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