The National Student Financial Aid Scheme (NSFAS) will not disburse allowances in January 2025. Payments will begin in February, aligning with the start of the academic year for most institutions.
NSFAS provides comprehensive bursaries and student loans to deserving learners enrolled in approved courses at universities and TVET colleges.
Funding allocation to universities
NSFAS has already allocated R3.7 billion to universities in January 2025. This upfront payment, representing 10% of the total 2025 budget, aims to ensure timely allowance disbursements to students, particularly those in Health Sciences programmes.
TVET college funding
Similarly, NSFAS will provide TVET colleges with 20% of their tuition funds, exceeding R640 million, by 10 January 2025.
Allowance amounts yet to be confirmed
The specific allowance amounts for 2025 have not yet been announced. Higher Education Minister Nobuhle Nkabane is expected to reveal these figures during the state of readiness speech for the 2025 academic year.
Accurate student data crucial
Institutions are advised to submit accurate student registration data to NSFAS promptly to prevent delays in allowance payments.
