Nsfas Allowance Payment Dates 2024-2025
Nsfas Allowance Payment Dates 2024-2025: Are you an NSFAS applicant and want to know when you’re going to receive the NSFAS allowance per month? Or are you a South African student who wants to apply for NSFAS funding but also wants to know how much you’ll be paid as your NSFAS allowances monthly before you apply? Or you have been approved for the National Student Financial Aid Scheme and you want to know how much NSFAS gives TVET College students per month? Well then, you’re on the right page. In this article, we’re going to walk you through how much NSFAS pays TVET College students as monthly allowances.
Nsfas Allowance Payment Dates 2024-2025
Every year after funding has been approved for students, nsfas begins to disburse students’ allowances to the wallet. The nsfas allowance is processed and credited to the student’s wallet on the Mynsfas account within the first 10 days of each month. It is important to note that not all students will get the allowance at the same time.
What Does the NSFAS Cover?
The amounts given for housing, living allowance, transportation, and learning materials must be in accordance with the most recent DHET criteria.
Nsfas Money Per Month 2024-2025
NSFAS Allowance For TVET College Students | Payable Amount (Monthly) | Payable Amount (Per Annum) |
Incidental/Personal Care Allowance | R242 | R2900 |
Accommodation in Rural Area | R1,312 | R15,750 |
Accommodation in Peri-Urban Area | R1,575 | R18,900 |
Accommodation in Urban Area | R2000 | R24,000 |
Transport | R583 | R7000 |
Transport (up to 40km from the institution) | R613 | R7,350 |
Also, when you’re approved to receive the National Student Financial Aid Scheme (NSFAS) funding as a TVET College student, NSFAS covers your registration fees and tuition fees. The registration fees and tuition fees are defined by your institution per the academic semester or year.
REQUIRED SUPPORTING DOCUMENTS DURING THE APPLICATION PROCESS
However, you’ll lose your NSFAS funding if you fail to meet the academic performance requirements.
How to Apply for NSFAS Online Application
RELATED LINKS
For more information on nsfas click here
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