How Many Months Is NSFAS For?

How Many Months Is NSFAS For? NSFAS Payment Schedule 2025

Usually, NSFAS financing lasts for more than 10 months, or the length of an academic year. This budget is intended to cover all aspects of the academic schedule, such as living expenditures, required study materials, housing, and tuition. Throughout the academic year, the goal is to make sure that students concentrate on their studies without experiencing undue financial hardship.

The purpose of these instalments is to help students effectively manage their spending during the academic year. It’s necessary to remember that the specifics of Bursary financing can change based on a person’s background, the kind of degree they pursue, and the school they attended.

What date are allowances paid for students by NSFAS?

Monthly NSFAS allowance payments are made. These are typically handed out in the first week of each month for ten months during the 2024 cycle. Please take note that not all students receive their allowances at the same time, so don’t worry if you haven’t received yours.

How Much Is NSFAS Allowance For 2025

Amounts indicated for accommodation, living allowance, transport, and learning materials need to be aligned with the approved latest DHET guidelines.

UNIVERSITY

Accommodation As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence)
Transport (up to 40 km from the institution) R7 500 per annum
Living allowance R15, 000 per annum
Book allowances R5200 per annum
Incidental/personal care allowance of R2900 per annum for students in catered residences

TVET

Accommodation in an urban area is R24,000 per annum
Accommodation in a peri-urban area R18,900 per annum
Accommodation in a rural area is R15,750 per annum
Transport (up to 40 km from the institution) R7,350 per annum
Transport R7000 per annum
Incidental/personal care allowance R2900 per annum

NSFAS Payment Schedule 2024

How will NSFAS allowances be paid?

Bursary allowances will be paid in cash to the student via the Fundi system. Once the allowances are debited to your student class fee account, you will receive an SMS message from Fundi to upload your banking details. Fundi will confirm your banking details and payment will follow.

Who qualified for NSFAS?

If you are a citizen of South Africa, intend to enrol in school in 2025, or if are enrolled in a public university or TVET college and match the following criteria, you are eligible for an NSFAS bursary:

SASSA grant recipients
South African citizens or permanent residents
Candidates whose annual gross household income combined is not greater than R350 000
individuals with disabilities whose annual gross family income is not greater than R600,000.
Both a cell phone number and email address are required.

What does the bursary cover?

NSFAS will cover your costs for the following: