What Does NSFAS Bursary Cover 2024
What Does NSFAS Bursary Cover 2024, What Does NSFAS Bursary Cover
Are you a student in South Africa wondering about the extent of coverage provided by the NSFAS bursary? Look no further! In this article, we will explore in detail what the NSFAS bursary covers, ensuring that you have a clear understanding of the benefits it offers. The National Student Financial Aid Scheme (NSFAS) plays a vital role in alleviating the financial burden faced by students pursuing higher education.
By providing comprehensive coverage, the NSFAS bursary ensures that eligible students can access tertiary education without worrying about tuition fees, accommodation costs, study materials, and more. Join us as we delve into the various aspects of the NSFAS bursary and discover how it can support your educational journey.
READ HERE: NSFAS Bursaries 2024-2025 Application
What NSFAS Bursary Cover In 2024
NSFAS strives to make higher education more affordable and accessible for low-income students, thus eliminating economic obstacles to education. Therefore, NSFAS provide funding for the following;
- Tuition Fees
One of the primary expenses covered by the NSFAS bursary is tuition fees. This means that eligible students can have their course fees paid directly to the institution they are attending. Whether you’re studying at a university or a TVET college, the bursary ensures that the financial burden of tuition is lifted, allowing you to focus on your studies.
- Accommodation and Meals:
To support students who need to relocate or live on campus, the NSFAS bursary also covers accommodation and meal costs. Depending on the specific circumstances and available resources, eligible students may receive financial assistance for both on-campus and off-campus accommodation options. This provision aims to ensure that students have a conducive living environment that promotes academic success.
- Study Materials and Prescribed Textbooks:
Pursuing higher education requires access to essential study materials and prescribed textbooks. Recognizing this, the NSFAS bursary provides coverage for these educational resources. Students can receive funds to purchase the necessary textbooks, stationery, and other study materials required to complete their courses. This helps to alleviate the financial strain that can arise from the cost of academic resources.
- Learning Support Programmes:
The NSFAS bursary extends beyond financial assistance and includes various learning support programs. These initiatives are designed to enhance students’ academic performance and foster a supportive learning environment. Students may have access to tutoring services, mentoring programs, and career guidance, which contribute to their overall success throughout their academic journey.
NSFAS Allowances for 2024-2025
Below is a Breakdown of NSFAS Allowances for 2024-2025;
- 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 College NSFAS Allowance
- 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
READ HERE: Who Does NSFAS Cover 2024-2025
For all other queries regarding students:
- Tel No.: 08000 67327
- Physical Address
- The Halyard, 4 Christiaan Barnard St, Cape Town City Centre, Cape Town, 8001
The NSFAS bursary is a valuable resource that provides comprehensive support to students in South Africa, enabling them to pursue higher education without financial constraints. From covering tuition fees and study materials to accommodation and personal care, the bursary goes above and beyond to ensure that students have the necessary support to succeed. Visit NSFAS Official website here. Hope the provided information is helpful, kindly leave a comment below in the comment section.