Nsfas Preparing To Open 2023 Applications

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The cost of tertiary education can serve as a barrier to entry for young people around South Africa. This is why the National Student Financial Aid Scheme (Nsfas) seeks to ensure that students from poor and working class backgrounds have the opportunity to achieve their academic goals. 


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Nsfas provides allowances to qualifying students to cover their living expenses which include, meal and transport expenses. Not having access to this money could prevent a student from attending classes.

Minister of Higher Education Dr Blade Nzimande has revealed that he has instructed Nsfas to prepare for the opening of the application period for the upcoming academic year. This is in the hope of preventing some challenges that funded students faced regarding allowances

“I have already requested the Nsfas Board to prepare for the opening of the application window for student funding for the 2023 academic year. The sooner Nsfas opens the application window period for funding, the better for having a good start to the 2023 academic year” said Nzimande.

Nsfas is currently supporting  691 432 university students for the 2022 academic year, with 462,983 being female and 227,072 being male students. The fund has also made provisional funding available for 380,000 TVET College students.
 
The Minister has warned that legal action will take action against undeserving students who receive funding from Nsfas fraudulently.

“Corruption on this score will have to be fought relentlessly as it is deserving poor students who get disadvantaged and excluded because of fraud and corruption by those who do not qualify. Our Director-General, together with Nsfas, will soon announce further details and actions in this regard,” said the minister.

 

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