Thousands of qualifying University and TVET college students in the country rely on the National Student Financial Aid Scheme’s funding assistance for their studies.
However, the scheme also requires benefiting students to maintain a certain pass rate to keep their funding until they complete their studies.
This then begs the question of whether the scheme will continue to maintain its funding allocation to a student if they fail three modules. The answer is yes, NSFAS will continue to provide their funding assistance.
Pass 50% of Modules
However, it is also worth noting that according to the scheme’s funding policy agreement, students are required to pass 50% of their modules and still meet their institution’s admission requirements for their funding to remain in place.
NSFAS maintains this funding condition through its N+1 rule, according to which students can be funded for an additional year if they fail their course.
Years of Study Not Years of Funding
It is also worth noting that the N+ is not based on the number of years that a student has been receiving funding assistance, but rather on the number of years that the student has been registered to study at any of the country’s public tertiary institutions
NSFAS funding covers expenses, which include, tuition fees, student accommodation, study materials, meal allowance as well as transport costs for those who meet those funding requirements.
To find out more about the NSFAS bursary, applications and the latest changes, head to our NSFAS page.
