Have you completed your application for an NSFAS bursary, or do you still have to submit NSFAS documents? We bring you exciting news! The National Student Financial Aid Scheme (NSFAS) has officially extended the closing date for the 2024 NSFAS applications.
Here is the announcement from NSFAS:
Great news this morning! The window of Applications for NSFAS funding for the 2024 academic year has been extended to 15 February 2024.This means those who were unable to submit their applications have a second chance to do so.
NSFAS released a statement where they said that 1 745 226 applications were submitted so far on the NSFAS portal.
Of the 1 745 226 applications received:
- 940 682 are provisionally funded.
- 269 915 are awaiting evaluations.
- 48 643 have been withdrawn by the student.
- 232 559 are in progress.
- 136 531 applications are on the NOT-STARTED status as applicants only created profiles and did not submit applications.
- NSFAS has rejected 102 201 applications with 1 093 NSFAS appeals lodged so far.
NSFAS Consent Form
NSFAS then reminded those applying that it is mandatory for applicants to download and upload a completed consent form, which can be done on the website, myNSFAS portal or mobile app.
The NSFAS consent form is crucial for allowing NSFAS to verify applicant information through third-party channels. This information encompasses details such as the employment status and income levels of parents, guardians, and spouses.
Applicants with the following NSFAS statuses must wait for an SMS or email from NSFAS for further instructions on the Consent Form:
- Awaiting Evaluation
- Financial Eligibility
- Application in Progress
Sassa beneficiaries, on the other hand, are exempt from the necessity of submitting an NSFAS Consent form, as they are not subjected to financial eligibility checks. Immediate approval for NSFAS funding is granted to these beneficiaries.
NSFAS Loan Scheme
Applications for the NSFAS loan for missing middle students are also open and will be closing on 15 February. NSFAS clarified:
Students who already applied for the NSFAS bursary scheme need not to submit a new application for the student loan scheme. All students who did not meet the bursary scheme eligibility criteria, however, meet the loan scheme eligibility criteria, will be automatically offered a loan for their consideration.
NSFAS loan applications can be submitted on the NSFAS website.