Nsfas Bursary Agreement

Nsfas Bursary Agreement

The National Student Financial Aid Scheme(NSFAS) is responsible for allocating funds to qualifying students. The only students who have been approved will enter into a formal agreement with NSFAS. According to the agency selected students will not receive any money until the agreement is signed.

So how does it work?

1. Apply For Funding

If you meet the criteria for NSFAS funding you will need to apply for financial aid when the applications open.

Applications can be submitted online or manually.

2. Wait For Approval

Due to the number of applications received by NSFAS each year it can take some time for your application to be processed.

Once your application has been approved NSFAS will send a notification via email or SMS to confirm your beneficiary status.

This notification will direct you to the NSFAS website where you will be able to view your bursary agreement form.

3. Sign Agreement

Agreements are signed online.

In order to sign the agreement, you will have to log in to your NSFAS account through a one-time pin number.

You will then be instructed to check your details on the agreement and make sure the information is correct.

Once you have validated your details tick the ‘terms and conditions and declaration boxes.

After you click yes to the terms and conditions you will have completed the signing process.

How to sign

Step 1

You will receive an email with a link to sign online, click on the link to proceed

Step 2

After inserting your ID number, you will receive a One Time Pin (OTP) through an SMS to your registered cell phone number.

Step 3

Type in the received OTP to continue with the signing of the agreement

When finished, you will receive a notification on the screen that the Terms and Conditions have been submitted. This means you have successfully signed your NSFAS bursary agreement. Your parent or legal guardian should sign for you if you are under the age of 18.