nsfas news 2024-2025

nsfas news 2024-2025

A government loan and bursary program for students that is funded by NSFAS is called the National Student Financial Aid Scheme, or NSFAS for short. The NSFAS application and registration period opens later in the year for students, and it typically closes in the calendar year after that.

Students from working-class and poor backgrounds receive bursaries from NSFAS, which go beyond simply covering tuition costs. All expenses, including NSFAS allowances, registration, lodging, transportation, and books, are covered.

So what are the requirements for the NSFAS?

The minimum annual household income of R350 000 is the most important requirement. This means that you won’t be eligible if the annual salaries of everyone in your house total more than R350,000.

Typically, students and future students will use myNSFAS to submit their NSFAS application online for an NSFAS bursary.

Everything you need to know about the NSFAS, NSFAS applications, and NSFAS allowances can be found on the Careers Portal.

What’s going on with NSFAS 2023?

• Understudies who wish to apply for Public Understudy Monetary Guide Plan (NSFAS) financing for 2024 have only multi weeks left to present their applications. NSFAS applications for subsidizing for the 2024 scholarly year opened on 28 September 2022 and will close on 31 January 2023.
• Thousands of new students will apply for funding to cover the cost of their academic journey as the 2024 academic year approaches. Over a million applicants applied for a government bursary program.