How Do I Withdraw Money From NSFAS Wallet? (2023) – Easy Guide

Last updated on September 29th, 2022 at 10:13 am

How do I withdraw money from NSFAS Wallet? This is one of the frequently asked questions by students who want to know how they can withdraw their NSFAS allowances from their NSFAS Wallet.

Do you want to know how to withdraw money from NSFAS wallet? Have you activated your NSFAS E-Wallet already? Well, keep reading for the answers.

In this article, we’re taking you through the easy guide to withdrawing money from your NSFAS wallet. We’ll also show you how to create NSFAS Voucher, and how to activate your NSFAS wallet.

We’ll also look at some of the frequently asked questions (FAQs) about knowing how to withdraw money from NSFAS wallet.

So, let’s jump right to the topics.

How Do I Withdraw Money From NSFAS Wallet 2023

In order to withdraw money from your NSFAS wallet, you’ll first create a NSFAS Voucher and then go to a merchant to withdraw cash with the voucher or use it to purchase your need.

Follow the below step-by-step guide to withdrawing money from NSFAS wallet.

STEP 1: Creating NSFAS Wallet Voucher

  1. Dial *134*176#
  2. Type in your NSFAS Wallet Password
  3. Select “Cash Voucher” by choosing option 1
  4. Enter the amount you want to withdraw
  5. You’ll get your voucher

STEP 2: Withdrawing Money From NSFAS Wallet

  1. Take your voucher to a merchant NSFAS participating store or Celbux
  2. You’ll state how much you want to withdraw
  3. Present the merchant number you’ve generated in the first step
  4. The merchant or Celbux will give you cash in exchange for the voucher

You have withdrawn cash from your NSFAS Wallet after following these steps.

How To Withdraw Money From NSFAS Wallet

However, creating NSFAS E-Wallet voucher can be sometimes tricky and the code does not always work as expected.

That is why we have created a detailed guide for you to create a successful voucher. You should read the guide here How To Create NSFAS Voucher. You need valuable information there.

How Much Are You Allowed To Withdraw From NSFAS Wallet?

Although, the money is yours and you have total control over what you use your NSFAS allowances for once NSFAS deposit them into your wallet.

However, there are limitations on how much you can withdraw from your wallet per day.

That is why we have explained in detail in this article How Much Can You Withdraw From NSFAS Wallet? to give you all the information, and guidelines on cash withdrawals from your NSFAS wallet.

How Do You Access NSFAS Wallet?

To access your NSFAS wallet, the National Student Financial Aid Scheme will have to create a wallet for you after you are approved to receive NSFAS funding.

Nonetheless, it is your responsibility to activate your NSFAS wallet.

We recommend that you read the guide on How To Activate NSFAS Wallet to do it successfully so that you do not end up blocking your NSFAS wallet.

Even if your wallet gets blocked, you don’t have to worry because we still have a guide to take you through the step-by-step process to unblock it.

You should read How To Unblock NSFAS Wallet? to unlock your wallet successfully.

Remember that www.nsfas.org.za is the NSFAS webpage.

We do hope this article on how do I withdraw money from NSFAS was helpful.

You can ask your questions in the comment section.

2 Comments

  1. Refiloe June 17, 2022
    • Universityonlineapplication June 17, 2022

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