Can NSFAS Fund You For a Second Degree?

Can NSFAS Fund you for a Second Degree?

Can NSFAS Fund You For a Second Degree?

Can NSFAS Fund you for a Second Degree?

Are you planning to pursue a second degree and wondering if NSFAS can fund you? Find out everything you need to know about NSFAS funding for a second degree.

Pursuing a second degree can be an excellent way to improve your skills and knowledge in a specific field, opening up more career opportunities. Many South Africans consider applying for funding from the National Student Financial Aid Scheme (NSFAS) to support their studies but are often unsure if NSFAS covers second degrees. In this article, we’ll explore whether NSFAS can fund you for a second degree and provide crucial information to help you navigate the funding process.

READ: When Can You Apply For NSFAS For 2025?

What is NSFAS and what does it cover?

NSFAS only provides funding for first undergraduate qualifications. This means that if you’ve already completed an undergraduate degree, you’re not eligible to receive funding from NSFAS for a second degree.

NSFAS is a government-funded organization in South Africa, responsible for providing financial assistance to eligible students at public universities and Technical and Vocational Education and Training (TVET) colleges. The primary objective of NSFAS is to support students from disadvantaged backgrounds who cannot afford to pay for their tertiary education.

NSFAS funding covers tuition fees, study materials, accommodation, and living expenses in the form of a bursary. It’s essential to understand that NSFAS funding is not a loan but rather a bursary, which means that qualifying students are not required to pay it back.

What are the Alternatives for Funding a Second Degree?

If you’re not eligible for NSFAS funding for your second degree, don’t lose hope – there are several other funding options available:

Private Bursaries: Many organizations and companies offer bursaries to students pursuing specific degrees. These bursaries usually come with certain conditions, such as working for the organization upon graduation.
Bank Loans: Some banks offer student loans with reasonable interest rates and flexible repayment terms. Keep in mind that you’ll need a good credit score and possibly a co-signer to secure a bank loan.
Employer Sponsorship: If you’re currently employed, consider discussing your plans to pursue a second degree with your employer. Some employers offer financial assistance for further education, especially if the degree is relevant to your job.
Scholarships: Scholarships are merit-based and awarded to students who demonstrate outstanding academic achievements or other exceptional qualities. Research available scholarships and apply to as many as possible to increase your chances of receiving funding.

READ: When NSFAS Open For 2025-2026

NSFAS Contact Information

Website: www.nsfas.org.za
Email: info@nsfas.org.za
South African students: 0860 067 327
International students: +27 21 763 3232
Physical Address: 10 Brodie Road, Wynberg, Cape Town, South Africa, 7700
Postal Address: Private Bag X1, Plumstead, Cape Town, Western Cape, South Africa, 7801

While NSFAS funding is generally not available for second degrees, there are alternative funding options worth exploring. By researching and applying for private bursaries, bank loans, employer sponsorships, and scholarships, you can secure financial support to pursue your second degree and advance your career prospects. For details, click HERE

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