The National Student Financial Aid Scheme (Nsfas) has opened Trimester 2 applications for funding. Should student applications be deemed successful, Nsfas will pay their tuition fees, accommodation costs, transportation costs, and provide them with allowances for textbooks and meals.
The application period for Trimester 2 opened on Wednesday 10 July 2022. The application period will close on Friday 19 August 2022. This gives qualifying students just over a week to apply for funding.
It's important to note that only students studying at Technical and Vocational Education and Training (Tvet) colleges can apply during this application period. Tvet colleges provide students with vocational and occupational education and training for a specific range of jobs and entrepreneurial opportunities.
Here are Nsfas Requirements For TVET College Students
- Must be a South African citizen
- Must be registered or intending to register on a PLP, NC(V) or Report 191 programme at a public TVET college.
- Must require financial assistance (Nsfas will determine whether or not a student meets the financial eligibility criteria)
- Returning students must demonstrate proven and accepted academic performance (academically deserving) in line with the College’s progression policy or the progression prescriptions of the Bursary Rules and Guidelines (whichever is higher)
- Must not be enrolling for a qualification that duplicates previous learning that was state-funded
- Applicants will qualify if they fall within the maximum threshold of up to R350,000 of combined gross family income per annum and are admitted/received a firm offer for enrolment in a College.
The Department of Higher Education and Training (DHET) believes that funding eligible students will increase the enrollment of students at Tvet colleges.
They will look to increase the number of Nsfas-funded Tvet college students from 261 404 in 2020/21 to 329 554 in 2022/23.