nsfas for unisa 2023-2024
The National Student Financial Aid Scheme (NSFAS) is a government student bursary and loan program that is funded by the Department of Higher Education and Training and reports to them. The National Student Financial Aid Scheme Act 56 of 1999 gave birth to the program.
When it comes to Unisa students, there has always been a question about NSFAS allowances. Because Unisa is a distance university, the NSFAS bursary is a little different than what other university students receive. Unisa receives financing from NSFAS. The NSFAS allowances are distributed differently to students because the instruction at Unisa differs from that at other universities.
Unisa students who are funded through NSFAS only receive a Learning Materials Allowance and Living Allowance. Learning Material Allowance is calculated based on the number of modules registered. Unisa students will then receive R600 per module for the first four modules and a R5200 once off amount for five modules to ten modules.
This then means that should the amount of R5200 Learning Materials Allowance be paid for the first five modules, no additional Learning Materials Allowance will be paid for additional modules.
The Learning Material allowance is to be used for textbooks and other learning materials needed to complete their studies.
Living Allowances are paid to students who are registered for ten or more modules.
Unisa has said, “A student who registers for ten modules and later reduces the number of modules registered will unfortunately forfeit this allowance.
Unisa students who are registered for ten modules or more are also allocated an incidental allowance of R290 per month from February to November each year. This R290 is used for any small expenses that arise for these students.
NSFAS will also pay your tuition fees and your registration fee.
NSFAS provides funding for students’ registration at Unisa. The following applies if you are registering:
- First-time NSFAS applicants: Please ensure that you are temporarily registered during Unisa’s registration period while waiting for NSFAS funding confirmation. If your NSFAS application is declined or delayed by close of the registration period, you will be expected to find alternative funding before your registration will be activated.
- Returning NSFAS students who were funded in the year before but have not yet completed their qualification: Please ensure that you are temporarily registered during Unisa’s registration period while waiting for NSFAS funding confirmation for the 2021 academic year.
- Returning NSFAS students who received funding the year before, have been declined for funding for the next year and have appealed the decision: Please pay the minimum registration fee while you wait for the NSFAS appeal decision if you chose to do so.
You do not need to pay the minimum registration fee if your NSFAS application has been provisionally approved. Your registration will be enabled automatically after Unisa receives confirmation of NSFAS funding.
Once NSFAS has confirmed successful processing of registration data to Unisa, all students financed by NSFAS who have paid the minimum registration amount to activate their registration will be returned.
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