NSFAS finalising checks on funding applications
The financial aid scheme has received an unprecedented number of applications compared to previous years, with approximately 730 000 online applications received.
HIGHER Education, Science and Innovation Minister, Dr Blade Nzimande, said the National Student Financial Aid Scheme (NSFAS) is currently finalising the due diligence and quality checks of the application information received.
“They [NSFAS] will communicate funding eligibility once the verification and quality assurance process is complete in order to ensure the credibility of this important process,” Nzimande said on Wednesday.
Nzimande said all students who are already funded by the NSFAS and have met their study and eligibility criteria will continue to be funded this year.
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The financial aid scheme has received an unprecedented number of applications compared to previous years, with approximately 730 000 online applications received.
Additionally, 60 000 applications were received through the National Youth Development Agency (NYDA) and the Technical and Vocational Education and Training (TVET) College walk in processes.
“It is important to note that NSFAS will fund eligible students when they have been registered at a public university, or TVET College. Students are hereby given assurance that NSFAS is aware of and takes into account that communication should be finalised before the registration windows of the various learning institutions close,” the Minister said.
Students are advised to regularly track their funding statuses on the myNSFAS portal. The portal will assist students to upload any pending documents where required.
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