SAUni South African University News Portal
Applications for 2025 National Student Financial Aid Scheme (NSFAS) funding are open. This funding includes not only NSFAS bursaries but also NSFAS loans.
NSFAS program is run by the South African government’s Department of Higher Education and Training.
The National Student Financial Aid Scheme provides financial assistance for tertiary education, including a transport allowance for eligible students.
The program has supported over 5 million beneficiaries, including 1.2 million students.
WHO CAN TAKE OUT THE NATIONAL STUDENT FINANCIAL AID SCHEME (NSFAS) LOAN?
NSFAS loan is given to students who meet certain criteria and have submitted their completed applications together with all the necessary supporting documentation.
How to Appy for NSFAS Loans
If you apply for a loan, the procedure is similar to that for a bursary application. You will be required to accept terms and conditions that are aligned with a bursary application. Please accept these terms and conditions with the understanding that similar agreements will be shared with you if you qualify for a loan agreement.
Applicants who have been rejected for a 2024 bursary based on a household income exceeding R350,000, will pre-qualify for a loan if their family income is less than R600,000. We will communicate with such applicants in due course.
Students who already applied for the NSFAS bursary scheme need not submit a new application for the student loan scheme.
PROSPECTIVE LOAN SCHEME APPLICANTS CAN APPLY THROUGH AN ONLINE APPLICATION FORM FOLLOWING THREE GUIDED BY
- Create a profile.
- Applying
- Submitting the application
Criteria for NSFAS Loans Applications
- Annual household income between R350,000 and R600,000
- Accepted to study at either TVET College or public university for either undergraduate or postgraduate studies.
- Can apply in years 1, 2, 3 or 4.
- Must sign a loan agreement if they qualify for a loan.
A completed Consent Form is a mandatory requirement for a loan application, to validate information from third parties.
Documents Needed For NSFAS Applications
- Copy of your Identity Document
- Copy of your parent(s)’ or guardian’s/spouse’s ID Document
- Proof of income (if applicable)
- NSFAS Declaration Form: Completed by the Principal of your School or a Social Worker (if not receiving Sassa benefits)
- Orphan/Vulnerable Child Declaration Form: Completed by a Social Worker (if under 18 years old)
- NSFAS Consent Form: Completed by you and/or your parent(s), guardian, or spouse (not required for Sassa recipients)
- Proof of Guardianship: Court-issued document if you have a legal guardian (if not court-appointed, you’ll need to submit the NSFAS Declaration Form)
- Disability Annexure Form: If you have a disability, this form must be completed and certified by a registered medical professional
- Marriage Certificate (if applicable)
- Provisional/Firm/Pre-Enrolment offer letter from the institution (you can still apply if you haven’t received it)
It’s important to note that NSFAS does not accept affidavits as supporting documents.
When NSFAS Loans Applications Will Close
The Nsfas application For bursaries and loans was officially opened on 20 September 2024
NSFAS APPLICATIONS FOR BURSARIES AND LOANS CLOSE? 15 DECEMBER 2024.
IMPORTANT:
SAUNi DO NOT offer an admission of any sort to any student, We ONLY provide information that will help the general public and to whoever is seeking out this information. Please be aware of misleading information and be assured that WE WILL NEVER OFFER YOU THE WRONG INFORMATION FOR WHATEVER PURPOSE, YOU ARE SAFE TO EXPLORE.
