nsfas requirements 2023-2024
The NSFAS Act (Act 56 of 1999) established a government body under the Department of Higher Education and Training to give financial assistance to underprivileged students who seek to continue their education at public universities or TVET institutes.
Students who have been accepted or who meet the criteria for NSFAS support must execute the loan agreement form electronically (LAF). Students will be contacted by the Financial Aid Office.
Applicants must meet all of the conditions in order to receive positive results from the National Student Financial Aid Scheme (NSFAS). The following are the requirements for applicants.
This is a requirement that all applicants must meet.
Before applying, candidates should verify that they match the following minimum entrance standards to avoid being denied by the nsfas board:
- 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.
Applicants must submit a list of documents to the National Student Financial Aid Scheme (NSFAS).
• South African identity card or document (or an unabridged birth certificate if you do not have a green bar-coded ID or Smart ID card)
• Identification of parents and/or guardians (Or death certificate where applicable)
• Income stubs include pay stubs, letters of employment, and pension stubs. It should be no older than three months (SASSA slips are not required and SASSA should not be included as household income).
You should not apply if you meet the following criteria:
- 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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