About NSFAS
The National Student Financial Aid Scheme (NSFAS) was established in terms of the National Student Financial Aid Scheme (Act 56 of 1999).
You will need to first register for a myNSFAS account and submit your application online.
Once your myNSFAS account is set up and functional, follow these simple steps and submit your application:
- Step 1: Click on the ‘APPLY’ tab and complete the sections on the screen by providing the required information.
- Step 2: Upload required supporting documents where applicable
- Step 3: Click on ‘Submit’
- Step 4: And just like that, you NSFAS funding application has been submitted.
Documents needed to verify your NSFAS funding application
Take note of the below important documents needed to complete the application:
- All applicants must provide a copy of ID. A temporary ID issued by the Department of Home Affairs will be accepted.
- Non-SASSA applicants must provide ID copies of parent/s, legal guardian/guardian or spouse.
- Smart ID cards: a copy with both sides of the smart ID must be provided.
- Proof of income: applicant and/or parents/legal guardian/spouse (where applicable (non-SASSA) should provide latest payslip not older 3 months, UIF letter, appointment letter, retrenchment letter (applicant and/or parent(s), legal guardian/spouse).
- Person with disabilities: to complete Disability Annexure A form.
Once your funding application becomes successful, NSFAS will cover your costs for:
- Accommodation
- Transport
- Living allowance
- Book allowance
- Incidental/personal care allowance
If you are studying at the University of South Africa (UNISA) you will receive funding for:
- Tuition
- Books (subject to the number of modules registered)
- Personal care allowance
NSFAS Wallet
Your NSFAS Wallet will allow you to withdraw cash and/or spend at any merchant registered by NSFAS. Allowance amounts are determined through consultation with institutions, communicated to NSFAS when you register.
When your NSFAS Wallet account is created by NSFAS, you will receive a “Welcome” SMS advising you to verify your account.
Ensure at ALL times that you have access to the cell phone number you provided to NSFAS upon application, as this is the number we will use to deposit your funds.
Should you wish to withdraw cash, you may do so at any of our cash withdrawal merchants, Checkers, Boxer, U-Save and select Spar stores. Note that these stores have daily cash withdrawal limits from R200 – R1000 per day.
Spending at a registered store has no limit i.e. you can spend up to the maximum value of your cash wallet.
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What you will need to receive your NSFAS allowances via NSFAS Wallet?
- Your own cell phone and valid SIM card
- You must sign your NSFAS Bursary Agreement if you are a new student to NSFAS
- You will not need to withdraw cash to pay your landlord or any registered merchant.
NSFAS 2022 Supporting documents:
If you have applied for NSFAS 2022 funding and received a request to submit supporting documents, log into your myNSFAS account to upload the required documents: