Categories: Nsfas Online Applications 2023

Who Funds Nsfas 2025-2026

Who Funds Nsfas 2024/2025

Who Funds Nsfas 2025-2026

Who Can Apply For Nsfas Funds 2025-2026

The National Student Financial Aid Scheme (NSFAS) is a government-funded initiative aimed at providing financial assistance to underprivileged students in South Africa. As tertiary education costs rise, NSFAS continues to play a critical role in ensuring that students from low-income families can pursue higher education. But who exactly funds NSFAS for the 2025-2026 academic year? Let’s explore the key contributors that make this vital financial aid program possible.

NSFAS application portals will be opened to all applicants beginning on November 21st, 2024, and closing on December 15th, 2024. Therefore, applicants are requested to submit their applications by the deadline. The Nsfas is a South African government body that operates under the auspices of the Department of Higher Education and Training and provides financial aid to less financially privileged students whose family’s income is R350 000 or less.

To apply, you must be a South African who is determined to enrol at any of the public Tvet colleges or Universities and possess all the application requirements of Nsfas. Bursaries are given to only South African students including other qualifications which are published in this blog post. Nsfas makes it plain to all applicants that their applications will be rejected if they don’t match the criteria.

Primary Source of Funding: The South African Government

The South African government is the primary funder of NSFAS. Each year, the government allocates billions of rand to NSFAS from the national budget. These funds are sourced through the Department of Higher Education and Training (DHET), which oversees NSFAS’s operations and ensures that the funds are distributed to eligible students. For the 2025-2026 academic cycle, the government is expected to continue playing a pivotal role in NSFAS funding, driven by the national goal to support education and economic growth.

Government Budget Allocations

NSFAS’s funding has steadily increased over the years, with allocations often topping R30 billion annually. The government’s contributions are crucial in addressing South Africa’s socio-economic inequalities by ensuring that even those from low-income families have access to quality education.

Read: Nsfas Late Application 2025

Additional Funding Sources

While the government remains the primary contributor, NSFAS also receives funding from other sources that supplement its budget. These include:

Sector Education and Training Authorities (SETAs)

Some NSFAS funding is drawn from the SETAs, which are organizations established to promote skills development in various sectors. SETAs provide bursaries and financial assistance to students studying specific programs aligned with the country’s skills shortage. These contributions help expand NSFAS’s reach by targeting students in vocational and skills-based training.

Private Sector Contributions

Private companies and organizations sometimes contribute to NSFAS as part of their corporate social responsibility (CSR) initiatives. Large corporations may choose to fund students studying in fields that align with their industry, such as engineering, technology, and business management. This form of investment not only supports the students but also contributes to a well-trained workforce, ultimately benefiting the companies and the economy.

Donations and Endowments

NSFAS also receives funds through donations from philanthropic individuals and organizations, both domestically and internationally. Some of these donations are earmarked for specific fields of study or specific groups of students, such as those with disabilities or from historically disadvantaged communities.

Who Can Apply For Nsfas Funds 2025-2026

The following category of people are those who are eligible to apply for 2025-2026 Nsfas bursaries:

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 and whose household income is not more than R122 000 per annum.

Read Also: Apply For Nsfas 2025

Application Requirements For Who Can Apply For Nsfas 2025-2026

Make sure you have the following supporting documents before submitting your application because all applicants must have them to be considered for application:

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

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.