When Can I Expect My Nsfas Money 2024-2025

By | October 31, 2022

When Can I Expect My Nsfas Money 2024-2025

 

When Can I Expect My Nsfas Money 2024-2025

When Can I Expect My Nsfas Money 2024-2025: NSFAS pays allowances to students in the first week of every month. NFAS begins to disburse students’ allowances to their NSFAS Wallets in the first week of the month. The disbursement of the allowances is not simultaneous for all students. This means your friend may receive his or her allowances earlier than you. However, you’ll receive yours in the same first week of the month and you shouldn’t be worried thinking that you’ll not be paid when your colleagues get theirs earlier.

 

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 Areas 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
NSFAS monthly allowances for TVET College Students

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.

 

How To Take Out/Withdrawn Nsfas Money 2024-2025

The first step is to create a cash voucher:

  1. Dial *134*176#
  2. Enter your NSFAS wallet password
  3. Select option 1. Cash Voucher
  4. Enter amount
  5. You will then get your voucher

The second step would be to go and withdraw it:

  1. Go to a merchant which has partnered with NSFAS and Celbux
  2. Through their NSFAS Wallet, they would then state how much they wish to withdraw
  3. A voucher will then be produced
  4. Present the voucher number to the merchant
  5. You will then be given cash in exchange for the voucher

 

RELATED LINKS

For more information on nsfas click here

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