NSFAS reopens 2017 applications

By Drum Digital
15 December 2016

NSFAS to reopen its funding applications in January 2017.

By Salome Tsoka

The National Student Financial Aid Scheme (NSFAS) announced at a press conference in Cape Town today that it would reopen its funding applications in January 2017.

The scheme’s CEO, Msulwa Daca, said applications are open to students who missed the 1 August to 30 November application period.

University hopefuls will only be able to apply from Monday 9 January to Friday 20 January. However, TVET college applicants will get a chance from Monday 9 January to Tuesday 14 February.

Students can apply through manual applications but are advised to use their institutions’ online processes to speed things up.

“Although NSFAS will accept paper applications, universities and TVET colleges are encouraged to assist students to submit online applications. This will speed up the process of evaluation and funding of students,” Msulwa said.

To date, more than 233 000 students have applied both online and manually for NSFAS funding for 2017.

Msulwa also announced that a new cellphone banking option will be used to distribute funding directly to students.

Prior to this, students were given EduXtras cards that were loaded with the funds they needed to pay for food and books.

“Students who qualify for NSFAS loans or bursaries will receive allowances in the form of cellphone vouchers to pay for food, travelling, books and private accommodation. While NSFAS pays tuition fees directly to institutions, we will give allowances for these expenses directly to the students via their cellphone vouchers,” he adds.

He says the tertiary fee increases for 2017 will have no impact on NSFAS students.

He also adds that the NSFAS received R14 billion for both universities and TVET colleges.

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