www nsfas status 2023

www nsfas status 2023

 

 

NSFAS Allowance | How much does NSFAS pay to students?

The bursaries not only cover registration and tuition fees, but also make provision for other annual allowances.  In 2021, these allowances amount to:

• An Accommodation allowance depending on what is charged by the college or university (private accommodation costs cannot exceed costs of halls of residence or institution-provided hostels).

1. A book allowance of R5,200.
2. A living allowance of R15,000.
3. A personal care allowance of R2,900.

• A Transport allowance of R7,500 (no further than 40km from the place of study).

 

Who qualifies for NSFAS funding?

• All South African citizens
• All SASSA grant recipients qualify for funding
• Applicants whose combined household income is not more than R350 000 per annum
• A person with a disability: Combined household income must not be more than R600 000 per annum
• Students who started studying before 2018 whose household income is not more than R122 000 per annum.

 

According to the NSFAS website, the following allowances are included in the bursary:

UNIVERSITY

• Accommodation: amount is the actual cost charged by the university. If private, the cost must not exceed costs for university residence.
• Transport: R7 500 per year (up to 40 km from the institution)
• Living allowance: R15 000 per year
• Book allowance: R5200 per year (only applies at universities)
• Personal Care allowance: R2900 per year

TVET

• Accommodation:
  • in an urban area – R24 000 per year
  • in the peri-urban area – R18 900 per year
  • in a rural area – R15 750 per year
• Transport: R7 350 (up to 40 km from the institution)
• Personal Care allowance: R2 900 per year

The personal care allowance was recently introduced to assist students in paying for toiletries.