NSFAS Portal Application 2023 NSFAS is the National Student Financial Aid Scheme which is a government loan and bursary fund for students through the NSFAS funding. NSFAS application and registration opens in the later part of the year for students with the NSFAS closing date usually being in the next calendar year.
The NSFAS portal, which is called myNSFAS, is the most important tool for applying to NSFAS.
NSFAS gives bursaries to students from poor and working class backgrounds which goes beyond just paying for your fees. They’ll also pay for your registration, accommodation, transport, books through NSFAS allowances.
So what are the NSFAS requirements?
The most important requirement is that your household income should come to R350 000 or less per year. This means that if you add up everyone’s salaries in your house for the year and it comes to over R350 000, you won’t qualify.
NSFAS Portal Application 2023
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To apply for a NSFAS bursary students will need to submit their NSFAS online application using myNSFAS.
Careers Portal has everything you need to know about NSFAS, NSFAS applications and NSFAS allowances.
Our mission is to transform NSFAS into an efficient and effective provider of financial aid to students from poor and working class families in a sustainable manner that promotes access to, and success in, higher and further education and training, in pursuit of South Africa’s national and human resource development goals.
The National Student Financial Aid Scheme (NSFAS) was established in terms of the National Student Financial Aid Scheme (Act 56 of 1999).
The mission statement is made up of three distinct elements, which describe why NSFAS exists and the impact on the constituency:
- NSFAS exists to provide financial aid to eligible students at TVET colleges and public universities;
- NSFAS identifies eligible students, provides bursaries and collects past student loan repayments to replenish the funds available for future generations of students; and,
- NSFAS supports access to, and success in, higher education and training for students from poor and working class families who would otherwise not be able to afford to study.