How to get my nsfas money
How to get my nsfas money
How to get my nsfas money
NSFAS uses Celbux to power its NSFAS Wallet service for TVET College students who are funded by NSFAS. NSFAS Wallet is where NSFAS allowances are located for students.
Celbux has over 10 000 merchants across the country where students can go and withdraw funds from their NSFAS wallet. These merchants act as ATMs for students to withdraw and students do not have to specifically use these funds at these stores.
Should students want to withdraw funds from their NSFAS Wallet, here’s what they should do:
The first step is to create a cash voucher:
- Dial *134*176#
- Enter your NSFAS wallet password
- Select option 1. Cash Voucher
- Enter amount
- You will then get your voucher
The second step would be to go and withdraw it:
- Go to a merchant which has partnered with NSFAS and Celbux
- Through their NSFAS Wallet, they would then state how much they wish to withdraw
- A voucher will then be produced
- Present the voucher number to the merchant
- You will then be given cash in exchange for the voucher
Here is how you can create your myNSFAS account:
- Go to www.nsfas.org.za and click on “myNsfas account“.
- Enter your username and password. The username is usually your email address.
- Click on the “My personal details” tab.
- Update your cellphone number and/or email address to your current one.
- Click “Update your details” to proceed.
- A Time Pin (OTP) will be sent to the new number and email address that you have provided.
- Enter the OTP and click submit.
- Your details will immediately be updated.
If you’re an applicant with an existing account, you can sign in using your usernames and password or Facebook and Google accounts.
Click here to find out more about the NSFAS bursary.
Amounts indicated of accommodation, living allowance, transport and learning materials need to be aligned with the approved latest DHET guidelines
- 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
- All South African citizens
- All SASSA grant recipients qualify for funding
- Applicants whose combined household income is not more than R350 000 per annum
- A person with a 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.
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