Frequently Asked Questions

Is NSFAS still a loan?

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ANSWER:

The National Student Financial Aid Scheme (NSFAS) is a government entity that falls under the Department of Higher Education and Training. NSFAS operated as a loan until December 2017 and since 2018, NSFAS has been a bursary scheme.
If you were
All students who received a NSFAS loan before the president’s announcement of free education in December 2017 need to repay the loan amount as per the signed loan agreement form.

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Frequently Asked Questions

How much is SRD grant now?

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Answer: SASSA pays R350 per person per month and that is why the SRD Grant is otherwise known as the R350 grant.
Frequently Asked Questions

How long does it take for SASSA to verify banking details?

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ANSWER: About 7 working days. Kindly note that the turnaround time for payment to reflect once bank details have been verified is about 7 working days. However due to high application volumes, it might take slightly longer.
Frequently Asked Questions

Do you pay back NSFAS?

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ANSWER: Advertising All students who received an NSFAS loan before the president’s announcement of free education in December 2017 need to repay the loan amount as per the signed loan agreement form. Should you have started funding with NSFAS in 2018 and thereafter, you have received a bursary and there’s no need for you to […]

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