National Student Financial Aid Scheme (NSFAS) Overview

The National Student Financial Aid Scheme (NSFAS) plays a vital role in providing loans and bursaries to eligible students in South Africa. Its mandate includes raising funds, developing criteria for grants, and ensuring equal access to higher education. The scheme aims to address past discrimination, support human resource development, and manage bursaries for funded students in collaboration with universities. Qualifying criteria are based on household income and other factors. NSFAS manages stakeholder relations, facilitates payments, and guides the administration of bursaries in line with DHET rules.

• NSFAS
• Student Aid
• Higher Education
• Bursaries
• South Africa

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1. DHET COMMUNICATORS MEETING NSFAS UNIVERSITY SECTOR

2. BUSINESS OPERATIONS OVERVIEW NSFAS Mandate Contribution to the NSFAS Mandate (NSFAS Act No 56 of 1999): Provide loans and bursaries to eligible students; Development of criteria and conditions for the granting of loans and bursaries to eligible students in consultation with the Minister Raising of funds 2

3. NSFAS PRODUCT PRE- FUNDERS 01 OFFERING 02 TVET FUNDING 04 UNIVERSITY FUDING 03

4. OBJECTIVES OF THE DHET UNIVERSITY BURSARY SCHEME - To redress past discrimination and ensure representivity and equal access; - To respond to the human resource development needs of the nation (Preamble to the Act)

5. UNIT OBJECTIVES MANAGE & ADMINISTER Manage and administer the bursary for NSFAS funded students who enroll in the 26 Universities and develop processes and procedures for University funding requirements. SUPPORT Provide institutional support on NSFAS products and services including overseeing and guiding the data exchange process. STAKEHOLDER Manage stakeholder relations with University management and students PAYMENTS Oversee the process for direct payments of institution tuitions and student allowances to all 26 Universities. 5

6. Purpose DHET RULES & GUIDELINES TO Guide NSFAS and Universities on the administration and management and awarding of bursaries to qualifying students

7. Valid Application received Valid Application received University Sector Value Chain Funding Decision, Contracting Disbursement to institutions Disbursement to institutions Institutions disburse allowances to students Relationship Management, Communication to institutions and Students.

8. All South African citizens All SASSA grant recipients qualifies for funding Combined household income must not exceed R350 000 per annum Students who registered at the higher education prior to 2018, household income must not exceed R122 000 per annum Persons with disability: 2018 onwards -Combined household income must not exceed R600 000 per annum Who qualifies for funding?

9. CONDITIONS AND OBLIGATIONS Student on full DHET bursary may not receive another full cost of study bursary from another source at the same time. If the student receive a partial bursary from another source, a NSFAS bursary may be awarded, but the allocation must be reduced accordingly, so that the student is supported fully for their studies. Bursary funding for university students is limited to the minimum period of study for the qualification they are registered for, plus one year (N+1)

10. APPEALS PROCESS Applicant will Applicant will receive notification receive notification on option to appeal on option to appeal Applicant logon Applicant logon to myNSFAS to myNSFAS portal profile portal profile Choose appeal on the application portal Applicant will receive Applicant will receive automated message if automated message if appeal completed appeal completed successfully with successfully with reference number reference number Uploads supporting documents and click submit Captures appeals motivation Status will change to appeal received

11. Allowances for Contact and Distance University students Accommodation type Allowance Type Learning Material X X Living Allowance 2 x X Accommodation Transpor t University managed Catering University managed self-catering 3 -x 3 -x Living off campus in family or non-accredited accommodation (own arrangements) Private Off campus accredited accommodation X X X X X X (with lease agreement) 2- x means: Food allowance paid directly to institution and incidental allowance to student 3- x means: Paid directly to institution

12. Allowances University students: Maximum of R7500 in 2020 Travel Allowance R15 000 in 2020 Living Allowance R5200 in 2020 Learning Allowance R2900 in 2020 Incidental Expenses NSFAS students are subject to the student residence and accommodation policies of the university at which they are registered to study.

13. Contact Us: NSFAS Virtual Contact Centre Now Open NSFAS is available to assist you through: 59.1,167.18-167.18,167.18h0h0c-33.18,0-64.06-9.73-90.07-26.39 9.25C394.33,180.96,384.36,191.31,372.89,199.6L372.89,199.6z 15.78-10.53-26.15-28.52-26.15-48.91c0-10.77,2.91-20.85,7.96- d="M256,0C114.64,0,0,114.64,0,256s114.64,256,256,256s256- <!-- Generator: Adobe Illustrator 24.1.1, SVG Export Plug-In --> xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" 0.72,15.5-2.07c-26.89-5.38-47.14-29.14-47.14-57.6c0-0.27,0- <svg version="1.1" xmlns="http://www.w3.org/2000/svg" 9.39,72.98-25.15c-25.72-0.48-47.41-17.46-54.89-40.81 114.64,256-256S397.36,0,256,0L256,0z M372.89,199.6 1.53-8.79-1.53-13.4c0-32.44,26.32-58.75,58.77-58.75 7.53,37.31-14.26c-4.39,13.72-13.71,25.22-25.84,32.5 Facebook: National Student Financial Aid Scheme style="enable-background:new 0 0 512 512;" c28.98,35.55,72.28,58.94,121.12,61.39c-1.01-4.3- c16.9,0,32.17,7.14,42.89,18.57c13.39-2.64,25.96- c3.58,0.69,7.27,1.06,11.04,1.06c5.36,0,10.56- c4.6,0.54,9.28,0.81,14.01,0.81c27.53,0,52.87- Instagram: @myNSFAS height="512px" viewBox="0 0 512 512" c0.11,2.52,0.17,5.05,0.17,7.59c0,77.64- xml:space="preserve"> M372.89,199.6"/> width="512px" 0.5,0.01-0.75 </defs> <defs> </svg> 29.54 </g> <g> c7.92,4.4,16.97,7.05,26.61,7.35c- Twitter: @myNSFAS c11.89-1.42,23.21-4.57,33.74- <path NSFAS Connect: visit www.nsfas.org.za and log into your myNSFAS account

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