Last updated on September 29th, 2022 at 11:51 am
What to do after NSFAS approves your application? This is one of the frequently asked questions by students about NSFAS application approval.
In another form, the question is put as what next after NSFAS approves your application, or what to do after NSFAS application is approved?
As the NSFAS 2023 Online Application is getting to its deadline, most applicants have received email and SMS notifications of their applications getting approved.
However, they end up wondering what to do next after seeing that beautiful message.
Well, you don’t have to worry anymore because this article is going to guide you all the way through the next processes after your NSFAS Application is approved.
In this article, we’re going to show you a step-by-step guide on what to do after NSFAS approves your application so that, you create your loan agreement and start receiving your allowances. Good News!
So, let’s jump right into the topic for answers.
What To Do After NSFAS Approves Your Application
It’s great news when your application for funding is approved at long last. You’re now assured that your university or TVET finances are covered for your entire tertiary education as long as you perform well in your academics as required.
But before we dive into the process, we recommend you to see All 9 NSFAS Application Statuses And Meanings – Fully Explained if your application is not approved yet. This will help you to know what your current status means.
Below is the bulletin of what we’re going to discuss
- Register Your Admission At Your Institution
- Notify and Verify From Your Institution Of Your Funding
- Make Sure Your MyNSFAS Account Is Secured
- Make Sure Your NSFAS E-Wallet Is Secured
- Order For NSFAS Laptop
- Spend Your Allowances Wisely
So, let’s see what’s next.
Register Your Admission At Your Institution
Although, some institutions’ registration dates for new admittance are earlier than the NSFAS process of paying for the registration fees of approved students.
However, once you are sure that NSFAS has approved your application for funding, we encourage you to register your admission at your institution before they close the registration date.
It is better to register at your institution than to wait on NSFAS to pay for your registration fee which could be too late for you to get the chance to enroll to study.
Again, if you register, NSFAS and your institution will work together to refund your money when NSFAS is settled to pay your registration fee later.
Notify And Verify From Your Institution With Your NSFAS Funding
Although, NSFAS will verify your admission information from your selected institution before approving your application for financial funding.
However, double-checking for the future security of your funding is necessary.
You should crosscheck and confirm that all the information that your institution provided to NSFAS is accurate and secured.
Again, in case there are any mishappenings between you and your institution, you should try to notify your institution that NSFAS has approved you for funding.
This is important as we give you guidance on what to do after NSFAS approves your application.
Make Sure Your MyNSFAS Account Is Secured
Knowing what to do after NSFAS approves your application, we should also remind you of how your MyNSFAS Account security is highly important and prioritized.
You should double-check if your account security is okay and if you have a strong password protecting it.
On creating a strong password for your account, you should see the guide on How To Create MyNSFAS Account Password so that, you’re able to protect your MyNSFAS Account very well.
Moreover, you should know that it is your MyNSFAS Account where you manage all your personal information on NSFAS. For example, changing passwords, changing phone numbers, changing email, changing user names, and even changing your identification documents.
Click here MyNSFAS Account Login 2023 to login into your MyNSFAS Account and make sure your account is secured or you’ll need to reset your password.
Get Your NSFAS E-Wallet Secured
Your NSFAS E-Wallet is your electronic money purse for NSFAS allowances. NSFAS will send your personal allowances into your NSFAS E-Wallet.
That means the only way you can use your NSFAS personal allowances is through the E-Wallet.
So, knowing what to do after NSFAS approves your application is to get your E-Wallet ready.
Again, make sure your E-Wallet is secured and nobody can get access to it but you.
Do not share your NSFAS E-Wallet password with anybody.
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We recommend you read How To Register For NSFAS Wallet Account 2023 for the guide to creating your wallet if you have not done so yet.
You can also read the article for detailed information to know how you can withdraw or spend your allowances with your wallet and Celbux.
Order For NSFAS Laptop
As part of the National Student Financial Aid Scheme (NSFAS), has broadened its horizon to enhance learning hence, they support students with laptops for studies.
However, it is totally optional to subscribe to the NSFAS laptop and you should only order one if you need it for your studies.
NSFAS Laptops are not for free. Students will pay for the laptops indirectly from their allowances. So, you should get it only if you really need it to study.
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Spend Your Allowances Wisely
If you’re from a not-a-well-to-do family financially like most of us were during our university days, then you should know better how to spend your allowances.
We advise you to spend your allowances wisely so that, it keeps you the monthly
survival as you go through your studies.
Nonetheless, it’s your personal money and you can spend it however you want.
But this is just our inquisitive financial advice and it will help you in the long run if you consider it.
Spend Your NSFAS allownces wisely.
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For inquiries, www.nsfas.org.za is the NSFAS webpage
These are what to do after NSFAS approves your application.
You may add yours in the comment section or ask your question in the comment section below.
