NSFAS has introduced a mastercard for payment of allowances and students are advised to know how to register NSFAS Mastercard.
Students funded by the National Student Financial Aid Scheme (NSFAS) may need NSFAS Mastercards.
The card can be used to pay for commodities and essentials that students will buy. In short, you can now pay for your expenses with the NSFAS Mastercard.
So, in this article, you’re going to learn how to sign up for nsfas mastercard in the simplest step-by-step registration process.
We should, therefore, see the signing procedure.
How To Register NSFAS Mastercard
- You’ll receive an SMS with a link to download the app
- Download the Tenet Student App
- Register your student number
- Fill out and complete your personal details
- Upload a photo of your SA ID to securely verify that it is you
- Upload a selfie while holding your SA ID to verify yourself further
- A bank account will be assigned to your student number
- A bank card will be given to you at your college campus
What To Know About NSFAS Mastercard Registration
You must keep your nsfas mastercard PIN private and not share it with friends or anybody you don’t trust.
If possible, keep your PIN with you at all times so that you can retrieve it whenever need be.
Also, students are advised to use the card without disclosing personal information to people.
Additionally, students are to double-check their receipts to make sure the debits are accurate after making a purchase.
Again, students will be asked to verify their bank statements every month. This is to ensure that all charges on their account are accurate.
Furthermore, NSFAS has told that students will not receive the Mastercard at the same time. According to them, some students will receive their cards earlier than others.
So, in case you’ve not gotten the SMS to download the app, you should not worry, NSFAS will send you the link and you too can use the mastercard.
In case you are not willing to use the Mastercard, I recommend that you read What Are Benefits Of NSFAS Mastercard? for more explanation to understand why you should use one.
The National Student Financial Aid Scheme (NSFAS) Mastercard came about as they partnered with Tenet Technology to help make payment of NSFAS allowances smoothly for students.
The initiative will enable students to receive their allowances through their Mastercard.
Tenet Technology is one of the tech companies in South Africa that is keen on security and so, all transactions through the mastercard are safe and secure.
Again, students will have full control over their allowances once the money is paid onto the Mastercard.
In case you have any questions regarding the registration of the nsfas mastercard, you can ask them in the comment.
