Are you an NSFAS applicant wondering what it means to be "Provisionally Funded - Subject To Registration And Availability Of Funds"?
If you've applied for NSFAS funding and received a "Provisionally Funded" status, it's a good sign! This means that your application has been approved. Let's break down the 'Provisionally Funded - Funded Subject To Registration And Availability Of Funds' NSFAS status.
What about "Subject to Registration"?
NSFAS is simply waiting for your university or TVET college to confirm your registration for the academic year. Once your registration is confirmed, your funding will be finalized.
What about "Availability of Funds"?
NSFAS has a specific budget allocated for funding students. If there are sufficient funds available, you'll receive comprehensive funding to cover your tuition, registration fees, and living expenses.
In recent years, NSFAS has been able to fund all approved applicants
Who is Eligible for NSFAS Funding?
- South African citizens and permanent residents with a combined household income of less than R350,000 per year are eligible for the NSFAS bursary.
- SASSA grant recipients automatically qualify.
- For those who don't meet the bursary criteria, the NSFAS loan scheme is available for students from families earning between R350,000 and R600,000 annually.
- To be eligible for NSFAS funding, you must be enrolled in an approved course at a university or TVET college.
When applying for NSFAS funding, ensure that you provide accurate information, especially regarding your parental income. This will help streamline the approval process.
