Processing registration nsfas meaning

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Processing registration nsfas meaning

Processing registration nsfas meaning

NSFAS aims to fund those interested in studying further but cannot afford to do so. The bursary offers two types of funding, which includes university funding and TVET College funding. Their funding goes beyond tuition fees. However, only certain students are eligible. Those eligible for NSFAS funding will receive tuition fees, accommodation fees, transport allowances, living allowances, book allowances and incidental or personal care allowances.

When nsfas is closing

Applications will open for two weeks, from August 18, 2021, to September 03, 2021. NSFAS encourages qualifying students who are registered in the 2021 academic cycle and are without any other form of a bursary to enquire with their Financial Aid Office whether they qualify to apply during this window, prepare all the relevant supporting documents and apply as soon as the university gives you the go-ahead. Applications submitted after the closing date will not be considered.

Successfully funded

Means: Application successfully processed and funding process has been completed.

What you need to do: Register and attend Classes.

 

Eligible for funding but, awaiting confirmation of academic admission

Means: Applicant qualifies for funding, but we have not yet received admission confirmation from an institution. Until such time as admission has been confirmed, funding will not be approved.

What you need to do: Inform the institution’s Financial Aid Office.

 

Verifying the household income with third party sources

Means: We are still verifying the student’s household income with credit bureaus to confirm that the income declared is under the R350 000 threshold.

What you need to do: Wait. No action is required. A message will be sent if funding is approved and academic admission is confirmed.

 

Awaiting evaluation

Means: The application has been received and needs to be assessed by a caseworker at NSFAS to ensure that all information on the application has been correctly captured.

What you need to do: Wait. No action is required. A message will be sent if funding is approved and academic admission is confirmed.

Application unsuccessful

Means: Applicant’s household income is above the R350 000 threshold and therefore rejected. Or applicant has previous qualifications and does not qualify for NSFAS. Or applicant has not been admitted to a university or TVET College.

What you need to do: No Action.

 

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