How Much Does NSFAS Pay University Students Per Month? (2023) – Easy Guide

by Universityonlineapplication
how much does nsfas pay university students per month

How much does NSFAS pay university students per month? Are you a university student and do you want to know how much you’re going to receive from NSFAS funding per month?

Have you been approved to receive funding from the National Student Financial Aid Scheme (NSFAS) and do you want to know the NSFAS allowances for university students per month and how you’re going to be paid each month?

Well, as a university student who is approved for NSFAS funding, you surely have to know what NSFAS bursary cover for university students.

So, in this article, we are going to take you through how much NSFAS pays university students per month?

We’ll also answer the most frequently asked questions about NSFAs funding and payments.

Therefore, let’s get started with the topics.

How Much Does NSFAS Pay University Students Per Month?

NSFAS Allowances For University StudentsPayable Amount (Monthly)Payable Amount (Per Annum)
Living AllowanceR1,250.R15,000
Book AllowancesR433R5200
Incidental/Personal care AllowancesR245R2900
AccommodationAs per the actual cost charged by the university (private accommodation must not exceed costs for university residence
TransportationR625 (up to 40km from the institutionR7500 (up to 40km from the institution)
NSFAS monthly allowances for university students

Again, when you’re approved for NSFAS funding as a university student, NSFAS covers your registration fees and tuition fees.

These amounts are defined by your institution per the academic year.

Aside from these fees, NSFAS gives university students monthly allowances, and what NSFAS covers for all university students who are approved to receive funding is what is stated in the table.

This means, that if you’ve been approved for NSFAS for this academic year as a university student, these are the monthly allowances you’re going to receive from the National Student Financial Aid Scheme and in aggregates, per year.

What Does NSFAS Cover For University Students?

  1. Accommodation
  2. Transportation
  3. Book Allowances
  4. Incidental/Personal Allowances
  5. Living allowances
  6. Registration fees and tuition fees.

NSFAS will pay your university registration and fees plus all allowances until you complete your qualification as long as you meet the requirements for the funding.

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You should read NSFAS Requirements For Returning Students for detailed information about what you need to have to keep your NSFAS funding as a continuing student.

When Does NSFAS Pay University Students?

NSFAS pays university students monthly. This means university students who are approved to receive NSFAS funding will be paid their monthly allowances till they complete their qualifications.

We do recommend that you read NSFAS Allowance Payment Dates for the dates on which the National Student Financial Aid Scheme disburses allowances to university students.

Why Are My NSFAS Allowances Not Paid?

Unfortunately, some university students found themselves not getting paid for their NSFAS allowances in some months when their colleagues are receiving theirs.

Is there a cause for that and should you be worried when you find yourself in such a situation?

We have a detailed answer to these questions in What To Do If NSFAS Did Not Pay My Allowances? that gives reasons and also guides you on what you can do to help yourself to get paid.

Does NSFAS Pay University Students Allowances In December?

Yes, NSFAS pays university students allowances in December. Although, December is more of a festive month and most university institutions break for holidays.

This raises concern as to whether NSFAS pays university students in December or not.

Nonetheless, the National Student Financial Aid Scheme (NSFAS) pays university students allowances on monthly basis and December is not excluded.

How Do I Check My NSFAS Balance Without Airtime?

When you’re approved for the National Student Financial Aid Scheme (NSFAS) allowances, it is good to know how to check your NSFAS balance without airtime.

As you get to know how much NSFAS pays university students per month, you should also know how much you’ve spent and how much of your allowances are left in your NSFAS Wallet.

You should therefore read How To Check NSFAS Balance Without Airtime for the guide on how to check your NFAS balance without using the internet.

Check the NSFAS allowance payment page from here www.nsfas.org.za.

We do hope this article on how much does NSFAS pay university students per month was helpful?

You can ask your question in the comment.

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