Nsfas deadline 2022

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Nsfas deadline 2022

Nsfas deadline 2022

NSFAS was established according to the National Student Financial Aid Scheme Act (Act 56 of 1999) and incorporated TEFSA (Tertiary Education Fund of South Africa). From 1993 to 2000, TEFSA was the primary non-profit company in terms of Section 21 of the Companies Act and ceased to operate in July 2000. All existing loans on the TEFSA books were transferred to NSFAS.

Financial Aid

The NSFAS Act enables any student to apply for a bursary from NSFAS but allows the board to impose conditions, generally, or in respect of a particular loan or bursary. Such conditions include the use of the means test and the loan conversion of up to 40 per cent of any loan as an incentive for academic success.
It provides for payment by NSFAS of the amount of the loan or bursary “to the designated higher education institution”, rather than to the applicant. It also allows NSFAS to enter into what is in effect an agency agreement with higher education institutions (HEIs) or further education and training (FET) colleges.

Nsfas deadline 2022

When and How to Apply: NSFAS Application for 2022 will be opening on 1st September and close on 30th November 2021.
No Late Application.

Requirements to Apply

  1. Provide your own cellphone number and email address
  2. You must have a copy of your ID or birth certificate
  3. National ID copies of parents, guardian or spouse
  4. The evidence of your income or 1 year’s IRP5 if necessary
  5. The proof of income of your parents, guardian or spouse.
  6. If you are a SASSA grant recipient, you don’t need to provide any evidence of income.
  7. All Applicants with a disability should provide and submit a completed and signed Disability Annexure A Form
  8. An applicant who is known as a Vulnerable Child by the Department of Social Development should also provide a completed and signed Vulnerable Child Declaration and Consent Form.

Who qualifies for NSFAS funding?

  • 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.

What does the bursary cover?

  • 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
HOW AND WHERE TO APPLY
Step 1: Go to www.nsfas.org.za and click on the ‘myNSFAS’ tab
Step 2: Create a myNSFAS account
Step 3: Click on the ‘APPLY’ tab and answer the questions on the screen
Step 4: Upload the required supporting documents then click on ‘submit

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