NSFAS Requirements and Qualifications: National Student Financial Aid Scheme NSFAS is a public entity governed by the NSFAS Act that enables any student to apply for a loan or bursary. The primary objective is to turn NSFAS into an efficient provider of financial assistance to students from less fortunate families promotes access to higher and further education and training.
NSFAS Requirements and Qualifications
Who qualifies for NSFAS funding?
- Undergraduate students only without any other funding
South African citizens
- SASSA grant recipients
- Applicants whose combined household income is not more than R350 000 p.a
Persons with disability whose combined household income is not more than R600 000 per year. Applicants who first registered at university before 2018 whose household income is not more than R122 000 p.a
Only eligible students will be considered. Students who applied previously and were rejected by NSFAS based on the reasons provided will not be considered again.
NSFAS Required documents:
- If you are a SASSA recipient, then no proof of income is required.
- Copy of ID
- Once you accept the application terms and conditions, you confirm that you have received consent from all relevant parties.
- If the applicant is dependent on their parents, guardian or spouse, they must provide:
- ID copies of parent(s), guardian or spouse
- Proof of income of parent(s), guardian or spouse (payslip or appointment letter, where applicable)
- If the applicant is self-sufficient, they must provide:
- Proof of income (payslip or appointment letter)
- 1 year’s IRP5 form Note (SASSA no proof of income required)
- A completed and signed Vulnerable Child Declaration and Consent Form which must be completed by a social worker.
- If parent(s) are unemployed submit a Retrenchment letter/Proof of SASSA recipient letter
- If parent(s) are deceased submit a Death certificate/s.
- If parent(s) are divorced a Divorce decree is required.
- A completed and signed Disability Annexure A Form (if their information is not pre-populated on the online application form).