How NSFAS Work 2025

How NSFAS Work 2025, NSFAS bursary

How NSFAS Work 2025

How NSFAS Work 2025, NSFAS bursary

NSFAS (National Student Financial Aid Scheme) is a lifeline for many South African students, providing financial assistance to help citizens in SA pursue their higher education dreams. However, understanding how NSFAS works can be a daunting task. the information here aims to explain the workings of NSFAS by providing a detailed guide. From eligibility criteria to the application process, funding options, and repayment terms, we will delve into the details of NSFAS, empowering you with the knowledge to run through the system effectively.

READ: NSFAS Bursary Requirements 2025-2026

How NSFAS Works 2025

NSFAS will only grant financial aid to qualified students who have applied and been accepted to a public university or TVET college for a sponsored program. NSFAS distributes the following amounts to support beneficiaries to cover their educational expenses;

UNIVERSITY

Accommodation As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence)
Transport (up to 40 km from the institution) R7 500 per annum
Living allowance R15, 000 per annum
Book allowances R5200 per annum
Incidental/personal care allowance of R2900 per annum for students in catered residences

TVET

Accommodation in an urban area is R24,000 per annum
Accommodation in a peri-urban area is R18,900 per annum
Accommodation in a rural area is R15,750 per annum
Transport (up to 40 km from the institution) R7,350 per annum
Transport R7000 per annum
Incidental/personal care allowance R2900 per annum

Eligibility Criteria For NSFAS 2025

To qualify for NSFAS funding, certain eligibility criteria must be met. These may include:

South African citizens or permanent residents
SASSA grant recipients
Applicants whose combined gross household income is not more than R350 000 per year
Persons with disabilities whose combined gross household income is not more than R600 000 per year.
Must have an email account and cell phone number.

Application Process To NSFAS 2025

The application process for NSFAS funding involves several steps:

Create a profile:

Create a myNSFAS account via this link: https://my.nsfas.org.za/ or download the NSFAS App on Google Play or App Store. Your ID number will be your username.

Apply now:

Click on the “Apply’ tab to update your personal information and upload your application supporting documents, as indicated.

Complete:

Submit your application.

READ: NSFAS Status Check 2025-2026

Documents Required To Apply For NSFAS 2025

NSFAS applicants for the 2025 academic year must submit the following documents as required of them to apply;

Students with disabilities must provide:

A completed and signed Disability Annexure A Form

Students recognised as vulnerable children must provide:

An applicant who is recognised as a vulnerable child by the Department of Social Development must provide and Vulnerable Child Declaration form completed by a social worker

Other documents that may be required, if applicable:

Retrenchment letter
Death certificate/s
Divorce Decree
Proof of legal guardianship
Marriage certificate
other documents may be required for appeal purposes,….eg retrenchment letter

NSFAS Funding Options 2025

The NSFAS offers various funding options to eligible students, including:

Bursaries: NSFAS provides bursaries, which do not require repayment, to cover tuition fees, study materials, accommodation, and a living allowance.
Loans: NSFAS also offers loans to cover additional costs or to supplement bursaries. These loans are subject to repayment after completing studies and entering the workforce.

NSFAS Repayment Terms 2025

Upon completion of studies, NSFAS beneficiaries are required to repay the loan portion of their funding. The repayment terms include:

Repayment only commences once the beneficiary is employed and earning above the income threshold.
Repayments are based on a sliding scale, with the amount depending on the graduate’s income.
Beneficiaries are provided with reasonable repayment periods to ensure manageability.

READ: NSFAS Wallet Login Online 2025

NSFAS Account

For all other queries regarding students: