The National Student Financial Aid Scheme (NSFAS) has published its 2025 Eligibility Criteria and Conditions for the Student Loan Scheme, clarifying the renewal process.
While hundreds of students will receive loans, NSFAS confirms these are subject to annual renewal, not automatic continuation. This means students do not need to submit a full reapplication each year.
NSFAS provides comprehensive bursaries and student loans to deserving students enrolled in approved courses at universities and TVET colleges. This funding covers tuition and registration fees. Students also receive several allowances for food, accommodation, and learning materials.
Academic Performance Crucial for Continued Funding
"Students must continue to meet the academic conditions for funding throughout their studies to remain eligible for the NSFAS loan," the organisation stated. Loan recipients are obligated to repay the loan and adhere to academic requirements for the duration of their studies.
Reapplication Necessary for Students Who Discontinued Studies
NSFAS has clarified that students who previously received loans but subsequently dropped out of their studies must reapply. "Students who de-register or drop out during an academic term and wish to resume their studies in future academic terms, must re-apply," NSFAS explained.