Applications for 2021 funding will be done online via myNSFAS portal as per previous years.
The NSFAS application cycle will run for a period of four months starting from Monday, 3 August until the closing date of 30 November 2020.
To be eligible for NSFAS funding applicant must be a South African citizen; Come from a family with a combined annual household income of not more than R350 000 per annum; For students with a disability, the combined annual household income of not more than R600 000 per annum.
New applicants need a copy of their ID or birth certificate to register and create a profile on the myNSFAS portal. Applicants with existing accounts need to log into their accounts, they are only allowed to create one profile.
The applicant will be required to give consent for personal information verification with NSFAS third parties. An applicant will not proceed to create a profile without giving this consent. This feature allows NSFAS to conduct a three-step verification process with the Department of Home Affairs where an ID number will be linked to the name and surname of the applicant and parent details.
Higher Education, Science and Innovation Minister, Dr Blade Nzimande said: “In the current academic year, NSFAS has funded over 700 000 students, 248 242 at TVET colleges and 481 339 at universities (students with registrations data), this is a 20% increase from the previous year when comparing registration data received in the same period 2019 versus 2020.”
“While great work for 2021 application cycle is underway, I want to reassure our current beneficiaries that the department, along with NSFAS, is working tirelessly ensuring that the 2020 academic year is saved and concluded to usher in the new academic year,” said the Minister.
He urged qualifying students to make use of the opportunity and apply for funding on time.
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