The National Student Financial Aid Scheme (NSFAS) is taking action to ensure students facing delays in receiving their allowances don't face financial hardship. This comes after many students experienced issues receiving their April 2024 payments, causing significant stress regarding basic necessities like food and accommodation.
NSFAS provides comprehensive bursaries and student loans to deserving students enrolled in approved courses at universities and TVET colleges. The funding includes money for tuition and registration fees and sees students provided with several allowances for food, accommodation and learning materials.
Many students rely on NSFAS allowances for basic necessities like food and accommodation, and recent payment issues have caused significant distress.
NSFAS acknowledged the urgency of the situation and met with universities to find a solution. As a result, some universities have agreed to distribute NSFAS allowances for the next few months.
This plan addresses:
- Outstanding Allowances: Universities have already paid outstanding April 2024 allowances to students (as of Tuesday, 16 April ).
- Future Allowances: Universities will now disburse allowances on the last day of each month until July 2024. This covers May and July allowances.
Collaboration for a Permanent Solution
NSFAS encourages students with questions to contact their financial aid office at their university.
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 understand the difficulties students are facing and appreciate their patience and cooperation during this time. Universities will continue processing payments while working with NSFAS for a permanent solution.
In the meantime, the student's cooperation and understanding will be highly appreciated as the University processes payments and continues to engage NSFAS
