how long does it take to get nsfas allowance 2024-2025
how long does it take to get nsfas allowance 2024-2025
When your financing application is approved, how long does it take to receive your NSFAS allowance? Thank you for being selected to receive funding from the National Student Financial Aid Scheme. The dates of allowance payments are the next important information to know now that you have been approved for funding. We also assume that’s why you’re here. We’ll talk about how long it takes to get an NSFAS allowance in this article. The payment dates for NSFAS allowances for 2024 have been set. In a process known as disbursement, you will receive your allowance funds on a monthly basis. As a result, you won’t receive your NSFAS allowances in one lump sum throughout the entire year you receive funding. The allocation of NSFAS payments and allowances in 2024 is shown below.
How Long Does It Take To Get Nsfas Allowance
NSFAS distributes monthly allowances to students in the first week after applicants have been approved. In a process known as disbursement, you will receive your allowance funds on a monthly basis. As a result, you won’t receive your NSFAS allowances in one lump sum throughout the entire year you receive funding.
What Does the NSFAS Cover?
The most recent DHET criteria must be followed when allocating funds for housing, living allowance, transportation, and instructional materials.
- Accommodation allowance
- Transport allowance
- Living allowance
- Learning material allowance
- Incidental/personal care allowance
Nsfas Money Per Month
NSFAS Allowance For TVET College Students | Payable Amount (Monthly) | Payable Amount (Per Annum) |
Incidental/Personal Care Allowance | R242 | R2900 |
Accommodation in Rural Areas | R1,312 | R15,750 |
Accommodation in Peri-Urban Area | R1,575 | R18,900 |
Accommodation in Urban Area | R2000 | R24,000 |
Transport | R583 | R7000 |
Transport (up to 40km from the institution) | R613 | R7,350 |
NOTE. For more details, applicants can download THE NSFAS ELIGIBILITY CRITERIA AND CONDITIONS FOR FINANCIAL AID HERE.
FOR ANY INFORMATION ON PAYMENT OR RECEIVING OF MONEY PLEASE GO TO THE NSFAS MAIN WEBSITE BY CLICKING HERE OR CALL THEM DIRECTLY ON
Tel No.: 08000 67327
Email: info@nsfas.org.za
RELATED LINKS
Nsfas Online Application links
For more info visit Nsfas Website