Learn all about the NSFAS Status Check April 2024 Application Status, and Registration Status Check Online. Selected candidates can avail of numerous benefits through the NSFAS program. It seems to be a great opportunity for all the students who want to pursue higher studies but cannot do so because of financial hardship and the lack of resources. We have shared all the details regarding the NSFAS Status Check in this post below.
NSFAS Status Check April 2024
The claimant’s application is in queues and being processed by NSFAS. However, each applicant must know the accurate procedure to check the NSFAS Status frequently. All qualifying students who are willing to opt for higher studies are entitled to NSFAS. It ensures that tertiary education is easily accessible and affordable for students who do not have sufficient funds to pay for it.
Students can easily apply for funding through the portal of NSFAS. The funding will be made only after the application is approved the students can receive support in the form of loans. Several factors, such as the family income and annual performance of the students, are highly considered.
NSFAS Application Status 2024
However, the government has made changes in the repayment laws. The students who have opted for the education loan before 2028 have to lend it back to NFSAS. Later it became a charity which means students do not have to pay back the granted money to the authority.
What is NSFAS?
NSFAS usually conducts outreach programs to spread information to potential students regarding the availability and application process. The funding is in form of the loans and students have to be repaid to the authorities before the deadline to enjoy the maximum benefit of the low-interest rate. The funds are distributed to the educational institutes to cover tuition fees, accommodation, and other relevant fees.
Some of the students might also receive an allowance for books, transportation costs, and living expenses. Kindly note that students who want to get admission to a private university cannot apply for NSFAS. Despite this, they can look for additional bank loans which can be claimed after.
NSFAS Eligibility
There are a few NFSAS eligibilities that must be kept in mind before applying for the application process.
- The applicant must be South African or must possess permanent residency.
- The annual household income must be more than R350,000.
- Candidates must qualify for all the requirements set by the TVET institutes.
- Incapacitant students shall not hold yearly expenses of more than R600,000.
NFAS reviews the application within a short period and notifies the eligible regarding funding approval by sending them a text or mail.
Registration Status Check Online
In case you have applied and have not received any response, give your precious time and follow the steps shared by us. The NSFAS status can be viewed by paying a visit to the official portal.
- Lodge for the authentic NSFAS site.
- Simply gain access by entering the User ID and password.
- Now click on the ‘Track Funding Progress’ button on the screen.
Use caution and ensure the reliability of any information you find from any unofficial website.
NSFAS Allowance Benefit
Here’s the list of the amount along with the types of allowance a student can get after being a part of the NSFAS program.
- Education Fee: NFSAS covers most of the fees for a student of the college or the university for the qualifying student. Students opting for TVET can receive an amount of R34250 in a year.
- Accommodation: It generally covers the housing cost for students living in the university’s housing. They are not responsible for paying the living costs of students living outside the university campus.
- Transportation: For students who travel a distance between 40 km, their cost is managed by the authorities. An amount of R10000 each year is benefitted to the students just for the seek of traveling cost.
- Book Allowances: R5000 per year is available for the students to purchase the new academic year’s book.
Most of the degrees are not covered under the program. For doctoral degrees, the funding is made a maximum of two to three years. Students getting failed in the academic year are eligible for funding for another year.