What Does NSFAS Mean With Funding Eligible Status?

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If you have received the message back from NSFAS that you are 'funding eligible' you may well be a bit confused! Don't worry we have all the answers for you in our NSFAS section.


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NSFAS is a bursary scheme funded by the Department of Higher Education and Training for those who are in financial need and are looking for funding so that they can study further. NSFAS funding covers student related expenses such living allowances, transport and other learning materials.

NSFAS applications need to be submitted on the NSFAS website. Once you have successfully submitted your NSFAS application you will need to check your NSFAS application status to see if your Nsfas funding has come through.

Only public universities or TVET Colleges fall under the Department of Higher Education and Training so they are the only places where NSFAS bursaries are approved.

Funding Eligible

If the status you see reads Funding Eligible this means simply that you are eligible for funding i.e. you will receive funding from NSFAS. However the way that NSFAS works is that the tuition fees (school fees) are not paid to you, they are paid to the university or TVET College directly.

If the status show Funding Eligible it means specifically that you are eligible for funding but a university or TVET college has not approved you for admission yet. This will normally be the case when you first apply at the start of the application season. If you haven't received your Matric results yet it is too soon for the university or TVET College to formally accept your application even though you are one of the eligible students.

So if you see the status Funding Eligible you can relax about paying for your degree or diploma studies - and turn all your attention to doing as well as possible in your exams as you don't have to worry about Nsfas funding. Once you get an admission offer from the college or university the financial aid scheme will approve your study funding.

Some people will be asked to submit supporting documentation along with a certified copy of their ID document if NSFAS doesn't have all the information you need. If you an submit the supporting documents as soon as possible they will be able to finalise the financial assistance a soon as possible.

Funding Eligible Without Admission

If your NSFAS application status reads 'Funding Eligible Without Admission', it means that your funding application has been approved but NSFAS is still waiting on confirmation from the University or College you applied to.

Your NSFAS application status will change to 'Funding With Admission Offer', which means that you have been funded and received admission confirmation. This could take a bit of time as there could be communication issues between NSFAS and the University or College.

The next step would be for NSFAS to pay the tuition fees directly to the university or TVET College.

If your NSFAS application status does not change then you can contact NSFAS by clicking here.

Click Here To Learn How To Check Your NSFAS Application Status

Learn More About NSFAS Application Status Here

FAQS About NSFAS

1. What is NSFAS? NSFAS stands for the National Student Financial Aid Scheme, which is a bursary scheme that provides financial aid to eligible students at TVET colleges and public universities.

2. Who qualifies for NSFAS funding? NSFAS funding is primarily for South African citizens who are studying or intend to study at a public university or TVET college, come from a household with a combined annual income of less than R350,000, and meet the specific admission criteria of the institution.

3. How do I apply for NSFAS? Applications are submitted online via the NSFAS website. You'll need to create an account, fill in the application form, and upload the required supporting documents.

4. What does NSFAS funding cover? NSFAS provides coverage for a range of student necessities, including tuition fees, accommodation, meals, transport, and learning materials.

5. Is NSFAS a loan or a bursary? Since 2018, NSFAS has been converted into a bursary scheme for qualifying students, which means it does not need to be repaid. Prior to that, it functioned as a loan system.

6. How do I check my NSFAS application status? You can check your application status by logging into your account on the NSFAS website.

7. What documents do I need to apply for NSFAS? Typically, you'll need a copy of your ID or birth certificate, consent form, and proof of income or social grant/pension receipts if applicable. Parents or guardians' IDs and proof of income are also required.

8. Can I apply for NSFAS if I'm already a university student? Yes, students already enrolled at a university or TVET college can apply for NSFAS funding, provided they meet the qualifying criteria.

9. Does NSFAS fund postgraduate studies? NSFAS funding is typically for undergraduate courses. Some postgraduate qualifications, like PGCE (Postgraduate Certificate in Education), may be funded based on the availability of funds and the field of study.

10. What happens if I fail some modules, will NSFAS continue to fund me? NSFAS may continue to fund you, but it depends on the NSFAS policy at the time. Typically, you need to pass a certain percentage of your modules to continue receiving funding.

11. When do I need to reapply for NSFAS? Students need to reapply for NSFAS each academic year within the specified application period.

12. Can NSFAS fund me if I'm studying part-time? Part-time students at universities are not typically funded by NSFAS. However, some part-time students at TVET colleges may be eligible for NSFAS funding, subject to meeting other qualifying criteria.

NSFAS Contact Details

Needing to contact NSFAS directly? NSFAS is available to assist you on any queries you have about NSFAS funding or your NSFAS status through the following contact information:

Email: [email protected]

Website: www nsfas org za

Facebook: National Student Financial Aid Scheme

Twitter: @myNSFAS

Instagram: @myNSFAS

WhatsApp: +27 78 519 8006

USSD: *120*67327#

 

Suggested Article:

NSFAS

NSFAS is the best bursary to get because they will pay for all of your study fees, your accommodation then will also give you a monthly allowance. But you have to apply on time to make sure your application has the best chance of approval. We have all the details you need to apply for NSFAS in 2024. 


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