are tvet colleges funded by nsfas
are tvet colleges funded by nsfas
The National Student Financial Aid Scheme (NSFAS) was established in terms of the National Student Financial Aid Scheme (Act 56 of 1999).
The mission statement is made up of three distinct elements, which describe why NSFAS exists and the impact on the constituency:
- NSFAS exists to provide financial aid to eligible students at TVET colleges and public universities;
- NSFAS identifies eligible students, provides bursaries and collects past student loan repayments to replenish the funds available for future generations of students; and,
- NSFAS supports access to, and success in, higher education and training for students from poor and working-class families who would otherwise not be able to afford to study.
What does the bursary cover?
- Accommodation in an urban area is R24,000 per annum
- Accommodation in a peri-urban area R18,900 per annum
- Accommodation in a rural area 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
Are tvet colleges funded by nsfas
There are 50 TVET colleges that receive funding from NSFAS. If you are hoping to attend a TVET college and be funded by NSFAS, it’s important to take note of the list below.
TVET COLLEGES THAT OFFERS NSFAS
- Buffalo City TVET College
- East Cape Midlands TVET College
- Ikhala TVET College
- Ingwe TVET College
- King Hintsa TVET College
- King Sabatha Dalindyebo TVET College
- Lovedale TVET College
- Port Elizabeth TVET College
- Boland TVET College
- College of Cape Town
- False Bay TVET College
- Northlink TVET College
- South Cape TVET College
- West Coast TVET College
- Northern Cape Rural TVET College
- Northern Cape Urban TVET College
- Flavius Mareka TVET College
- Goldsfields TVET College
- Maluti TVET College
- Motheo TVET College
- Coastal KZN TVET College
- Elangeni TVET College
- Esayidi TVET College
- Majuba TVET College
- Mnambithi TVET College
- Mthashana TVET College
- Thekwini TVET College
- Umfolozi TVET College
- Umgugundlovu TVET College
- Orbit TVET College
- Taletso TVET College
- Vuselela TVET College
- Central Johannesburg TVET College
- Ekurhuleni East TVET College
- Ekurhuleni West TVET College
- Sedibeng TVET College
- South West Gauteng TVET College
- Tshwane North TVET College
- Tshwane South TVET College
- Western College for TVET
- Ehlanzeni TVET College
- Gert Sibande TVET College
- Nkangala TVET College
- Capricorn TVET College
- Lephalale TVET College
- Letaba TVET College
- Mopani South East TVET College
- Sekhukhune TVET College
- Vhembe TVET College
- Waterberg TVET College
Who qualifies for NSFAS funding?
- All South African citizens
- All SASSA grant recipients
- Applicants whose combined household income is not more than R350 000 per annum
- Persons with a disability with a combined household income not more than R600 000 per annum
- Students who have started studying before 2018 whose household income is not more than R122 000 per annum
Who should not apply?
- Students that have completed a previous qualification.
- Students with a combined household income of more than R350 000 per annum.
- Students who have already applied, qualified and received funding. They are automatically funded for the duration of their studies provided they pass their modules and meet the academic requirements.
- Foreign students (any student who is not a South African citizen).
NSFAS bursary can be sent through on the NSFAS online application or by through their offices. On the other hand, if you are applying online, you can follow the steps below;
- Step1 – Go to www.nsfas.org.za and look for a tab “MyNSFAS” and click it
- Step2 – You, therefore, have to create an account called myNSFAS
- Step3 – Click apply tab and answer question
- Step4 – You will have to upload documents
As a result, as soon as you submit your application, you will get the reference number on the screen
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