NSFAS Confirms When April Catch-up Allowance Payments Will Be Made



Thousands of South African students face financial strain due to recent delays in receiving their NSFAS allowances. The National Student Financial Aid Scheme (NSFAS) has stepped in to address the issue, announcing "catch-up" payments scheduled for April.



Recent delays in receiving allowances have caused significant challenges for many students. Recognizing the urgency of the situation, the National Student Financial Aid Scheme (NSFAS) is taking proactive steps to ensure timely delivery of these crucial funds.

NSFAS is prioritizing students by implementing special payment runs to address outstanding allowance delays. This news brings a sigh of relief for students relying on these funds to cover essential expenses during their academic journey.

NSFAS Allowances For University Students

University students can expect to receive long-awaited April 2024 allowances by Tuesday, 16 April 2024. This comes as a welcome relief for students facing financial hardship.

In a statement released, it was said:

On 12 April 2024, NSFAS granted approval to the University to pay allowances up until July 2024, including outstanding April 2024 allowances.

Universities will handle the distribution of NSFAS allowances for May and July 2024. These payments will be issued on the last day of each month, ensuring a more streamlined process.

Outstanding April allowances will be paid by Tuesday, 16th of April 2024. May-July allowances will be paid by the last day of each month.

Both NSFAS and universities acknowledge the recent difficulties students have faced due to allowance delays. They have emphasized the importance of continued cooperation to ensure timely financial support for students throughout the academic year.

"In the meantime, the student's cooperation and understanding will be highly appreciated as the University processes payments and continues to engage NSFAS."

NSFAS Allowances For TVET College students

Starting on Monday, 15 April 2024, a special payment run will address outstanding allowance payments for many students. This initiative aims to clear the backlog and ensure all eligible students receive the financial support they need.

In a statement released, it was said:

The purpose of this circular is to advise TVET colleges of the catch-up payment that the NSFAS is busy processing for students to be paid on Monday 15 April 2024.

 The special payment run prioritizes both students and institutions. Students will receive their outstanding allowances, including those for transport and accommodation. This ensures they can cover essential expenses and avoid disruptions like potential eviction due to unpaid rent.

Institutions, on the other hand, will receive outstanding tuition fees associated with these students.

To ensure smooth and timely future disbursements, NSFAS reminds institutions of the importance of submitting student registration data by the designated deadline. In this case, the April 11th deadline facilitated the processing of payments starting April 15th.

This payment is aimed at ensuring that all outstanding allowances and tuition for students whose valid 2024 registration data was uploaded onto the NSFAS portal by the morning of 11 April 2024 are paid up to May 2024.

"This therefore means that after this payment. Trimester 1 students would have been paid in full and Semester 1 and Annual students would have received up to 4 months' worth of allowances, i.e. up to May 2024 allowances."

NSFAS offers comprehensive financial support to eligible students enrolled in accredited universities and TVET colleges across South Africa. This bursary goes beyond just tuition and registration fees. It also includes vital living allowances to help manage day-to-day expenses related to food, accommodation, and learning materials.

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