How Much Does Nsfas Give TVET Students Per Month?
How Much Does Nsfas Give TVET Students Per Month? How many years can you use NSFAS funds for?
Access to education is a fundamental right, and financial constraints should not hinder individuals from pursuing their dreams. The National Student Financial Aid Scheme (NSFAS) in South Africa plays a pivotal role in supporting students, including those in Technical and Vocational Education and Training (TVET) colleges. NSFAS is a government entity under the Department of Higher Education and Training established according to the NSFAS Act (Act 56 of 1999) to provide financial support to disadvantaged students who wish to further their studies at public universities or TVET colleges.
Monthly Allowance Amount
The specific amount of the monthly allowance provided by NSFAS can vary depending on several factors, including the student’s personal circumstances, family income, and the cost of living in their region. The allowance is intended to cover essential living expenses, including food, transport, and incidentals.
The monthly allowance provided to NSFAS-eligible TVET students was typically around R1,700 to R2,800 per month. However, it’s essential to note that these figures may have changed since then. To get the most accurate and up-to-date information regarding NSFAS allowances for TVET students in 2024, it is strongly recommended to visit the official NSFAS website or contact their helpline directly.
What does the bursary cover? How many years can you use NSFAS funds for?
Amounts indicated for accommodation, living allowance, transport and learning materials need to be aligned with the approved latest DHET guidelines.
TVET
- Accommodation in an urban area is R24,000 per annum
- Accommodation in a peri-urban area is R18,900 per annum
- Accommodation in a rural area is R15,750 per annum
- Transport (up to 40 km from the institution) R7,350 per annum
- Transport R7000 per annum
- Incidental/personal care allowance R2900 per annum
Who qualifies for NSFAS funding?
- All South African citizens
- All SASSA grant recipients qualify for funding
- Applicants whose combined household income is not more than R350 000 per annum
- A person with disability: Combined household income must not be more than R600 000 per annum
- Students who started studying before 2018 and whose household income is not more than R122 000 per annum
Who should not apply?
- Students who have completed a previous qualification.
- Students with a combined household income of more than R350 000 per annum.
- Students who have already applied, qualified and received funding. They are automatically funded for the duration of their studies provided they pass their modules and meet the academic requirements.
Access to education is a fundamental right, and financial constraints should not hinder individuals from pursuing their dreams. The National Student Financial Aid Scheme (NSFAS) in South Africa plays a pivotal role in supporting students, including those in Technical and Vocational Education and Training (TVET) colleges. In this article, we’ll explore how much NSFAS provides to TVET students per month, offering insights for those seeking financial assistance to pursue their education.
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