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
The FAQ category is one of the Demzyportal.com categories and the idea is to keep the answers short and direct so that people can find answers quickly.
Why is Sassa SRD approved but no payment date?
ANSWER: If your application is approved with no pay date it means payment has not been processed as yet,” announced SASSA. Therefore, beneficiaries are encouraged to be patient and keep an eye on their SASSA profile. Beneficiaries are reminded that there is no fixed payment date for the Special COVID-19 SRD grant.
Is NSFAS still a loan?
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 […]
Do you pay back NSFAS?
ANSWER: 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 pay […]
What is the age limit for NSFAS?
ANSWER: If you are under the age of 18 or if you are 18 and older and are STILL DEPENDENT on the household income of your parent or legal guardian, then this also applies to you. Certified copy of your latest academic transcript or exam results.
Why Would NSFAS Reject My Funding Mid-Way?
ANSWER: Household income exceeding NSFAS requirements. Exceeded years of study. The student already obtained a diploma/degree. NSFAS does not fund a second undergrad Qualification. Read the NSFAS Requirement for more details.
Does NSFAS Cover Gym Fees, Re-Exam Fees, Library Fines?
ANSWER: No, you as the student are liable for these costs.
What Is the Effect of Registering NSFAS Modules Very Late in The Second Semester?
ANSWER: NSFAS provides the University with certain dates (cut-off dates) by when all students Registration templates must be uploaded. Therefore it could happen that the additional claim is not submitted due to the late registration of modules. The student must ensure they register all the necessary modules at the beginning of the year.
What Are the Benefits if Funded by NSFAS?
ANSWER NSFAS covers tuition and accommodation if the student is from out of town allowances for students depending on the place of residence, food, meals, living and transport allowances, NSFAS does not cover the interest on a fees statement, gym, library books lost and re-exam fees. The student is liable to settle such fees.
What Are the NSFAS Academic Progression Rules?
ANSWER For all returning students funded on the pre-2018 criteria, who are on NSFAS Grant funding, the criteria of 50% courses passed annually within the N+2 Rule will apply. The progression criteria of students on the DHET Bursary Scheme (R350, 000 Threshold) must be determined by the Institutions. Institutions will confirm with NSFAS at the start of […]