how many months does nsfas give allowance

how many months does nsfas give allowance

how many months does nsfas give allowance

how many months does nsfas give allowance

NSFAS is a government entity under the Department of Higher Education and Training established according to the NSFAS Act (Act 56 of 1999) to provide financial support to disadvantaged students who wish to further their studies at public universities or TVET colleges. NSFAS allowances will be paid during the first week of each month over a period of 10 months.

What does the allowance cover?

Amounts indicated of accommodation, living allowance, transport and learning materials need to be aligned with the approved latest DHET guidelines.

TVET

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

Who qualifies for NSFAS allowance?

  • All South African citizens
  • All SASSA grant recipients qualifies for funding
  • Applicants whose combined household income is not more than R350 000 per annum
  • Person with 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.

HOW TO APPLY FOR NSFAS ALLOWANCE

  1. To begin, you must create your myNSFAS account
  2. After that, you click the Apply tab
  3. Update all your NSFAS online Application 2022-2023 information.
  4. Upload your supporting documents
  5. Submit your application by clicking on the “SUBMIT” button

The following are the  documents required:

  • Copy of ID
  • Proof of household income
  • Parents IDs (for dependent applicants)
  • Academic record

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).

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