How do you know if you are funded by NSFAS?
NSFAS (National Student Financial Aid Scheme) is a government-funded initiative aimed at providing financial assistance to students from low-income families in South Africa who wish to pursue tertiary education. The scheme provides students with a loan or bursary to cover the cost of tuition, accommodation, and books.
NSFAS-funded students are those who have been selected to receive financial aid from the scheme. The selection process is based on a range of criteria, including the student’s household income, academic performance, and other relevant factors. The scheme is designed to help students who would otherwise not be able to afford tertiary education.
Once a student has been approved for NSFAS funding, they will receive a loan or bursary that will cover the cost of tuition and other expenses. The loan must be repaid once the student has completed their studies and found employment.
NSFAS is an important initiative aimed at addressing the financial barriers to education and providing opportunities for students from low-income families to pursue their academic goals.