If you’re a South African student looking to study at a public university or college, you’ll need to apply for funding through the National Student Financial Aid Scheme (NSFAS). NSFAS is a government organisation that provides loans and bursaries to eligible students. In order to apply for NSFAS funding, you’ll need to create a MyNSFAS account.
Creating a MyNSFAS account is easy and only takes a few minutes. Once you’ve created your account, you’ll be able to login and access your NSFAS application, track the status of your application, and more. Here’s how to create a MyNSFAS account:
1. Visit the MyNSFAS website: https://my.nsfas.org.za
2. Click on the “Create Account” button.
3. Enter your personal details, including your name, email address, and date of birth.
4. Create a username and password for your account. Make sure to choose a strong password that you won’t forget!
5. Agree to the terms and conditions, then click “Create Account”.
6. You’ll receive an email from NSFAS with a link to activate your account. Click on the link and login to your account using your username and password.
7. That’s it! You’ve successfully created a MyNSFAS account.
What is NSFAS?
National Student Financial Aid Scheme (NSFAS) is a South African government organisation tasked with providing financial assistance to eligible students attending public universities and colleges.
NSFAS was established in 1991, in response to the findings of the Heher Commission which found that the cost of tertiary education was a major barrier to access. NSFAS provides loans and bursaries to cover the cost of tuition, accommodation, books and other study-related expenses.
To be eligible for NSFAS funding, students must come from households with a combined annual income of less than R350 000. Students must also be enrolled at a public university or college, and be studying towards a first qualification.
Since its inception, NSFAS has helped over two million students access higher education. In 2017, the organisation launched its new “#FundMyFuture” campaign, aimed at raising awareness of the importance of financial planning for tertiary education.
How do I apply for NSFAS?
The National Student Financial Aid Scheme (NSFAS) is a South African government initiative that provides financial assistance to students from low-income households. NSFAS loans are available to students studying at public universities and colleges.
To apply for NSFAS, you will need to submit a completed application form, along with supporting documentation, to your chosen university or college. The institution will then forward your application to NSFAS for assessment.
If you are successful in your application, you will be notified by NSFAS and will be required to sign a loan agreement. Once this has been done, the funds will be paid directly into your university or college account.
It is important to note that NSFAS loans are not automatically renewed each year – you will need to reapply for financial assistance every 12 months.
What are the eligibility requirements for NSFAS?
National Student Financial Aid Scheme (NSFAS) is a South African student financial aid scheme of the Department of Higher Education and Training. It was established in 1991.
To be eligible for NSFAS funding, a student must:
Be a South African citizen or permanent resident
Be enrolled at a public university or TVET college in an accredited programme
Meet the requirements for financial aid
Have a household income of less than R350 000 per annum
In order to apply for NSFAS, students must first complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available online at www.fafsa.ed.gov. Once the FAFSA has been completed, students will be asked to submit additional documentation, such as tax returns, to the financial aid office at their chosen school.
If you have any questions about the NSFAS application process, please contact the financial aid office at your chosen school.
How will I know if I am approved for NSFAS?
You will know you are approved for NSFAS if you receive an email or letter from NSFAS stating that you are approved. If you do not receive any communication from NSFAS, you can assume that you have not been approved for funding.
When can I expect to receive my NSFAS funding?
If you are a South African student who is eligible for National Student Financial Aid Scheme (NSFAS) funding, you can expect to receive your funding for the 2021 academic year in January 2021. This is because NSFAS disburses funds to students at the beginning of each academic year.
How do I access my NSFAS account?
In order to access your NSFAS account, you will need to log in to the NSFAS website using your unique student number and password. Once you have logged in, you will be able to view your account details and manage your finances. If you have any questions or concerns, you can contact the NSFAS call centre for assistance.
What do I do if I have forgotten my NSFAS login details?
If you have forgotten your NSFAS login details, you can follow the steps below to reset them:
1. Visit the NSFAS website and click on the “Forgot Password?” link.
2. Enter your email address or username in the respective field and click “Submit.”
3. You will receive an email from NSFAS with instructions on how to reset your password.
4. Follow the instructions in the email and reset your password.
5. Once you have reset your password, you will be able to log in to your account and access your NSFAS information.
How do I change my personal details on my NSFAS account?
If you need to change your personal details on your NSFAS account, you can do so by logging into your account and clicking on the “Update Profile” tab. From there, you will be able to update your personal information, such as your name, address, and contact information.
What should I do if I think there is an error on my NSFAS account?
If you think that there is an error on your NSFAS account, you should contact the NSFAS helpdesk as soon as possible. The helpdesk will be able to look into your account and rectify any errors that may have occurred.
Can someone else access my NSFAS account on my behalf?
Yes, but only if you give them explicit permission to do so. You can do this by logging into your account and selecting the “Authorized Users” tab. From there, you can add or remove authorized users as you see fit. Keep in mind that anyone you authorize will have the same level of access to your account as you do, so choose wisely!
