How To Apply For NSFAS Mastercard 2026/2027

How To Apply For NSFAS Mastercard 2026/2027

How To Apply For NSFAS Mastercard 2026/2027

Mastercard, in partnership with the National Student Financial Aid Scheme (NSFAS), makes it easier for South African students to access their financial aid. Through this partnership, eligible students who receive NSFAS funding are provided with the NSFAS Mastercard. This special debit card is designed to give students quick, safe, and convenient access to their funds without delays. If you are a student who has been approved for NSFAS support, applying for the NSFAS Mastercard is an important step.

Instead of waiting in long queues or dealing with complicated payment processes, this card allows you to withdraw money, make payments, and manage your finances with ease. It works just like any other debit card, but is tailored to meet the needs of students. Applying for the NSFAS Mastercard is a straightforward process. Once approved for funding, students will be guided on how to apply and activate their card.

Having the Mastercard ensures that your allowances and study-related funds are deposited directly into your account, giving you full control over how and when you use your money. Whether you need to pay for meals, transport, or study materials, the NSFAS Mastercard provides flexibility and security. By applying for it, you can focus more on your studies and less on financial worries. This makes it a reliable tool for every NSFAS-funded student preparing for the new academic year.

Learn more: Register NSFAS Bank Account

Benefits of the NSFAS Mastercard

The account comes with enormous benefits and financial freedom for students. After registering for a #NSFASBankAccount, beneficiaries will receive a virtual or physical card which will allow them to enjoy benefits such as:

• Withdrawing cash from ATMs and selected retail stores.
• Making electronic transfers as with normal bank accounts.
• They will be able to make online transactions and purchases from online stores.
• The card is secure as it comes with a personalised identification number.
• Download the allocated partner’s mobile app and perform EFT transactions.
• Beneficiaries will own a virtual card with a ‘Tap to Pay’ functionality.
• Beneficiaries will have complete visibility of all transactions and balances via different approved platforms (preferably online, mobile application, and USSD).
• An SMS will be sent to them each time a transaction is performed. They still urge all university students whose NSFAS funding for the 2026 academic year has been approved to register for an NSFAS bank account to receive their allowances and have a smooth academic journey.
• SMSes and Emails were sent out to university students requesting them to register for their NSFAS Bank Accounts. Click on the link in the messages and register now to avoid delays in receiving your allowance.

How To Apply For the NSFAS Master Card for 2026

By following these instructions, you can easily obtain your card and enjoy the benefits it offers. Follow the steps below;

• Download the Tenetech Student App.
• Register your student number.
• Fill out and complete your details.
• Upload a photo of your SA ID to securely verify that it is you.
• Upload a selfie while holding your SA ID to further verify yourself.
• A bank account number will be assigned to your student number.
• A bank card will be delivered to you at your college or university

How To Apply For NSFAS Mastercard 2026/2027

How To Use The NSFAS Master 2026-2027

If you have been approved for NSFAS funding and have received your NSFAS MasterCard, here’s how you can use it:

Activate your card:

• Once you receive your card, you will need to activate it. This can usually be done by calling the number on the card or by visiting the NSFAS website.

Load your funds:

• Once your card is activated, you will need to load your funds onto it. This can be done by logging into your NSFAS account or by visiting an ATM that accepts MasterCard.
• You can also load your funds at selected retailers.

Use your card to pay for expenses:

• You can use your NSFAS MasterCard to pay for your tuition fees, accommodation, textbooks, and other expenses at merchants that accept MasterCard.
• When making a purchase, simply swipe your card and enter your PIN.

Withdraw cash:

• You can also use your NSFAS MasterCard to withdraw cash from ATMs.
• Look for an ATM that displays the MasterCard logo, insert your card, enter your PIN, and select the amount you want to withdraw.

Check your balance:

• You can check your account balance by logging into your NSFAS account, visiting an ATM, or checking your balance online or through the MasterCard app.. www.nsfas.org.za apply

Learn more: How Do You Check If NSFAS Will Fund Me?

Manage your card:

• You can manage your card by logging into your NSFAS account or using the MasterCard app.
• You can view your transaction history, set up alerts for transactions, and report a lost or stolen card.

Students can successfully manage their educational expenses by using the NSFAS Mastercard, which is a convenient and accessible financial tool. It is possible to improve your chances of receiving an NSFAS Mastercard for the 2026-2027 semester by carefully following the qualifying requirements, gathering the required paperwork, and completing the online application process.

NSFAS Contact Details

For all other queries regarding students:

Tel No.: 08000 67327
Email:info@nsfas.org.za
Physical Address
The Halyard, 4 Christiaan Barnard St, Cape Town City Centre, Cape Town, 8001.

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