how long does nsfas take to pay allowance 2024-2025
how long does nsfas take to pay allowance 2024-2025
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. The NSFAS allowance payment dates for the 2024 academic year are the subject of this article.
How Long Does Nsfas Take To Pay Allowance
Students receive allowances every first week of the month from NSFAS. 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 |
Additionally, the National Student Financial Aid Scheme (NSFAS) covers your tuition and registration costs if you are accepted as a TVET College student. Your educational institution determines the annual or semester-by-semester registration and tuition fees.
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