Nsfas Allowance 2023

  • Post author:
  • Post category:NSFAS

Nsfas Allowance 2023

NSFAS Allowance 2023

nsfas allowance 2023

NSFAS was established according to the National Student Financial Aid Scheme Act (Act 56 of 1999) and incorporated TEFSA (Tertiary Education Fund of South Africa). From 1993 to 2000, TEFSA was the primary non-profit company in terms of Section 21 of the Companies Act and ceased to operate in July 2000. All existing loans on the TEFSA books were transferred to NSFAS.

The NSFAS Act enables any student to apply for a bursary from NSFAS but allows the board to impose conditions, generally, or in respect of a particular loan or bursary. Such conditions include the use of the means test and the loan conversion of up to 40 per cent of any loan as an incentive for academic success.

READ ALSO NSFAS Application 2022-2023

Most students are curious as to how much NSFAS funds they can access. The information below explains that.

See also  Nsfas Track Status 2022

NSFAS Allowance Amount

NSFS ALLOWANCE CATEGORY ANNUAL AMOUNT SELF-CATERED/CATERED RES
Study Materials (Once Off) R5,200 R5,200
Accommodation (Max) R5,617 (Private)
Living Allowance R15,000 R1,500
Incidental Allowance R2,900 R290
Travel R7,500 R750 (Home)

 

How to Apply for NSFAS Online 2023

If you would like to apply for NSFAS 2022, follow the steps outlined below:

  1. You have to visit the NSFAS website: www.nsfas.org.za online
  2. Then, you have to click on the “myNSFAS” tab
  3. After that, you create your myNSFAS account
  4. After creating myNSFAS account, you then have to click on the “Apply” tab
  5. Answer the following questions you see on your screen
  6. Update all your personal information
  7. Upload all the required supporting documents
  8. Lastly, Click on “Submit to send your application for review

Recommended:

Vacancies in South Africa

Government Vacancies in South Africa

Amazon Vacancies In South Africa

UN Vacancies in South Africa

NGO Vacancies In South Africa

See also  NSFAS Online Application 2022 - 2023

Teaching Vacancies In South Africa

Social Work Vacancies In South Africa

MTN Vacancies In South Africa

Nsfas Application for 2022 Closing Date

Apply to Nsfas

NSFAS Application 2022-2023

How to Apply for NSFAS Application 2022-2023

NSFAS Contact Details