Nsfas Q and A

Nsfas Q and A

  • Will a previous NSFAS beneficiary and graduate be accommodated for free funding in 2018/2019?

    NSFAS free funding will only apply to students doing their first undergraduate qualifications.

  • What will happen to loans owed to NSFAS by students who have already graduated?

    NSFAS has not received any commitment by government at this stage to write of any outstanding student debts. The free education pronouncement was clear that it will be effective starting from the 2018 academic year. As far as we are concerned, previous loans will still need to be paid back by those who benefited.

  • How is NSFAS going to distinguish its funding from what is proposed by the president?

    NSFAS was funding students whose income was up to R122 000 per annum. Now NSFAS is funding students whose family income is up to R350 000 per annum. Eligible students are expected to provide proof of income of parents in order to be assisted.

  • How is this money going to be disbursed in terms of university vs TVET students?

    Universities and colleges will receive their allocations once they have given us lists of their registered students. Each institution’s allocation will be determined by the number of their students and their allowances and tuition costs. Once NSFAS is satisfied with these lists, agreement forms for bursary recipients will be disbursed for signing by the students. Once they are signed, NSFAS will have confirmation that the student has acknowledged the funding, and that the student has verified the information as being correct, and that the student is indeed registered and is attending classes. Then NSFAS will disburse funds to the institution. Funds to universities and colleges are released on a quarterly basis. Student allowances are paid out on monthly basis.

  • If a student had previously been rejected by NSFAS due to lack of funds, is it now guaranteed that they will be awarded funding?

    All eligible students who fall within the R350 000 household income bracket, and have been admitted at universities and TVET colleges, will be funded.

  • If a student owes money to the university, will NSFAS help at all with that debt? If so, how?

    NSFAS will only settle student debt from the currently funded year onwards, those who owe universities or colleges and were not funded by NSFAS will settle their debt.

  • What does this mean for GAP-funded students?

    The Department of Higher Education and Training has reached an agreement with universities on fee adjustments for 2018, which will see universities adjusting their fees to a maximum of 8% on the 2017 fees. Students who come from households that earn up to R600 000 per annum, will be supported by government to pay the increase through GAP grant funding. Students who applied for and received GAP grant funding in 2017, will have to apply for the 2018 GAP grant funding through their universities at the time of registrations. This means that university students from families with a household income of up to R600 000 per annum will be paying 2017 prices for their 2018 fees.

  • Will a previous NSFAS beneficiary and graduate be accommodated for free funding in 2018/2019?

    NSFAS free funding will only apply to students doing their first undergraduate qualifications.

  • How is this money disbursed in terms of university vs TVET college students?

    Universities and colleges will receive their allocations once they have given NSFAS a list of their registered students. Each institution’s allocation will be determined by the number of their students, their allowances and tuition costs. Once NSFAS is satisfied with these lists, agreement forms for bursary recipients will be disbursed for signing by the students. Once they are signed, NSFAS will have confirmation that the student has acknowledged the funding and is indeed registered and attending classes. Funds to universities and colleges are released on a quarterly basis. Student allowances are paid out on monthly basis.

  • What happens if you fail a few courses or modules?

    To maintain the NSFAS Funding you must meet the academic requirements set by the institution to continue with the qualification and should pass at least 50% of all your modules for that year or semester.

    Read more here 

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