Minister of Higher Education, Blade Nzimande has confirmed that all returning students will continue to be funded this year.
The Minister said these students would need to meet the academic requirements in order to qualify for continued funding.
“In this regard, the usual processes apply, whereby institutions share the relevant registration data and information with NSFAS which is then able to confirm the funded lease of students with institutions.” said Nzimande
While this is good news for returning students, new students are still yet to receive feedback about their funding status.
There are currently 184 315 new entrants in the university system. Many of these students are looking to NSFAS to provide funding.
This year, NSFAS received a record of 730 000 online applications, while a total of 60 000 applications walk-in applications were received.
“It is important to note that NSFAS will fund eligible students when they have been registered at a public university, or TVET College.
“Students are hereby given assurance that NSFAS is aware of and takes into account that communication should be finalised before the registration windows of the various learning institutions close,” the Minister said.
New students that have applied for NSFAS funding have been given an extra 2 weeks to register at a higher education institution.
Minister Nzimande plans for all funding decisions will be finalised by the end of the 2 week period.
Until then, students can check the MyNsfas portal for updates.
How To Check The MyNsfas Portal For Your Funding Status:
- Login on the myNSFAS student portal via this link: https://bit.ly/2SWFVh3
- Enter your username and password, then click SIGN IN!
- Click on Track Funding Progress.
What your application status means:
- Application Submitted: Your application has been loaded on to the NSFAS system successfully.
- Filtering: NSFAS is checking if you are a returning student and whether you have any previous qualifications.
- Validation: The details in your application are being verified through third party checks with SASSA and the Department of Home Affairs.
- Evaluation: All the documents you have submitted are being verified.
- Funding Eligibility: NSFAS is verifying that your household financial status is accurate and the same as what was declared in your application.
- Awaiting Academic Results/Admission: NSFAS is checking your academic results. This includes checking your admission status and whether you qualify to be funded by NSFAS for your degree/qualification.
- Awaiting Registration: NSFAS is in the process of receiving data from your institution in order to create a bursary agreement.
- Signing Of Agreement: You will need to sign your bursary agreement and agree to the conditions in order to receive funding and allowances.
- Payments: Your allowance payments are now being paid either through the NSFAS mobile wallet system or through your institution. Continue checking the MyNsfas portal for updates.