The National Student Financial Aid Scheme (NSFAS) is a national student financial aid scheme in South Africa. It was established in 1991 by the South African government through the Higher Education Act 68 of 1988. This act also created universities and higher education colleges who are now able to charge tuition fees.
The main aim of NSFAS is to provide students with loans and bursaries so that they can study at higher education institutions (public universities, Universities of technology and Tvet colleges).
Is Affidavit Needed When Applying For NSFAS?
The National Student Financial Aid Scheme (NSFAS) is a financial aid scheme that provides funding for South African students who are studying at universities and Colleges of Higher Education. The objective of NSFAS is to ensure access to higher education for all eligible South African citizens, irrespective of their socio-economic status.
The National Student Financial Aid Scheme was established in 1991 by the South African government after they had been unsuccessful in implementing policies which would make higher education affordable for all South Africans. This led them to introduce this new policy through an agreement between the government, private institutions and students.
The main aim of NSFAS is to provide students with loans and bursaries so that they can study at higher education institutions (public universities, Universities of technology and Tvet colleges).
The National Student Financial Aid Scheme (NSFAS) is a government-run financial aid programme that provides funding to students who are unable to afford tertiary education.
The scheme receives funds from the government which are distributed among tertiary institutions for use by eligible students.
NFSAS forms part of a larger national student financial aid system which includes private sector loans, bursaries provided by employers, university endowment funds and some other grants available at institutions of higher learning.
In essence, the NSFAS is only one source of funding for students in South Africa and there are a number of other sources that can be used to fund your studies.
NSFAS allows qualified applicants to study at any public universities or college in South Africa.
NSFAS allows qualified applicants to study at any public universities or college in South Africa. You can apply online via their website or through campus circulars. You must be a South African citizen or a permanent resident and you must be a full-time student.
Closing
The NSFAS web page has all the necessary information on how to apply for funding. In summary, you need to complete an application form, attach a copy of your ID (such as a passport or driver’s licence) and submit it to your institution of choice. You will then be contacted by them for an interview where you will have to present documents proving that you are financially needy and academically deserving.
