How Much Must you Earn to Qualify for NSFAS?

By Klnam Kurt •  Updated: 01/11/25 •  4 min read

Deciding to further your education is a great and even courageous decision, so go ahead and pat yourself on the back. Now it has come to our attention that you need some information on NSFAS. We understand that tertiary education doesn’t come cheap; you may not have enough cash to fund your academic career. But that doesn’t mean all your options are exhausted; That’s why NSFAS is here for you. While reading this article, you will notice that we have answered some of your burning questions regarding how much must you earn to qualify for NSFAS

- ADVERTISEMENT -
.

How Much Must Your Parents Earn to Qualify for NSFAS

Many matriculants complete high school and look to NSFAS to continue learning. If you are one of these students, chances are you don’t have a full-time job; you need your parents to apply for NSFAS. So how much does your parent need to earn for you to qualify for NSFAS? As an applicant, your parents should earn a combined income of less than R350 000 per year. 

Does NSFAS Look at Gross or net Salary?

In short NSFAS looks at the gross salary; however, there is more to it. Even though NSFAS looks at your gross salaries, they also subtract taxes. But that’s not all. NSFAS experts determine an amount based on your household size, region, and composition. While filling out your NSFAS application, you will also need to provide them with a brief budget to help them determine how much you qualify for.

Do I Qualify for NSFAS if I’m Working?

Here is where things are a bit tricky. Yes, you can still qualify for NSFAS even if you have a job. However, your combined household income will determine your eligibility for NSFAS. Remember that your household can only earn less than R350 000 a year. In the case that your salary makes your combined household income more than R350 000 per year, you, unfortunately, won’t qualify for NSFAS

How Much Will NSFAS Allowance be?

Once you are accepted for NSFAS, you can finally breathe a sigh of relief; This means that half the work is done. It also means you will research how much you can expect to receive once you start your studies. When doing your research, you will see that your NSFAS allowance is broken up into two categories: a monthly allowance and a yearly allowance. Take a look at the NSFAS allowance

- ADVERTISEMENT -
breakdown for 2025 below: 

Monthly NSFAS Allowance

Your monthly NSFAS allowance is made up of five major categories: your book allowance, your living allowance, your incidental allowance, your travel allowance, and your accommodation fees (rent). 

Yearly NSFAS Allowance

Even though your NSFAS allowance will be paid out monthly, it wouldn’t hurt to see how much you will be getting yearly. Similar to your monthly allowance, you will see that the yearly allowance is broken up into the same five categories that NSFAS pays. 

Regarding your accommodation, it is important to note that if you decide to go with a private residence, it can not exceed the cost of a public residence. You should also know that your monthly NSFAS allowance will be paid on an agreed-upon date each month. It will also be paid into your bank account for your convenience. 

What are the Requirements to Qualify for NSFAS?

Much like any application, there are requirements that you need to meet when applying for NSFAS. With that said, these requirements aren’t too strict, so your chances of meeting the requirements are pretty high. So what do you need to qualify for NSFAS? Well, simply take a look below: 

  1. You need to be a South African citizen, meaning you must have been born in South Africa and have a South African identification document. 
  2. You will need to have a combined annual household income of R350 000 per year and lower. If you are a student with a disability, your yearly household income should be no more than R600 00. 
- ADVERTISEMENT -

Keep Reading

How to Sign NSFAS Bursary Agreement Form

How to Sign NSFAS Bursary Agreement Form

However, as it is a funding scheme, successful applicants will be required to sign the NSFAS bursary agreement form.

Does NSFAS Have Age Restriction?

Does NSFAS Have Age Restriction?

In this article, we explain crucial elements that can affect the outcome of your aid application.Does NSFAS Have Age Restriction?

What Is NSFAS MasterCard?

What Is NSFAS MasterCard?

The article explore everything there is to know about NSFAS’s new payment system to make your transition to the new NSFAS MasterCard more convenient.

What Is NSFAS DHET Grant

What Is NSFAS DHET Grant

In this article, we will discuss most sought-after bursaries among funding hopefuls - the Department of Higher Education and Training Bursary (DHET) scheme.NSFAS DHET Grant

How to Write an Affidavit When Applying for NSFAS

How to Write an Affidavit When Applying for NSFAS

Learn how to submit documents by reading this guide on everything you need to know about How to Write an Affidavit When Applying for NSFAS

How to Sign NSFAS SOP or LAF

How to Sign NSFAS SOP or LAF

In this article, we will be looking at what SOP/LAF means, how to sign an NSFAS SOP or LAF, and any other issues relating to the LAF/SOP. 

How Many Students Are Funded By NSFAS 2025/2026

How Many Students Are Funded By NSFAS 2025/2026

How Many Students Are Funded By NSFAS. NSFAS provides financial assistance to approximately 700,000 students in 2022/2024

What Does It Mean When Your NSFAS Status Is Blank?

What Does It Mean When Your NSFAS Status Is Blank?

so today, we are breaking down why a blank NSFAS status can occur and what to do about it. Luckily, it is not a major issue.

What Is NSFAS NBA?

What Is NSFAS NBA?

What Is NSFAS NBA. The NBA is nothing but the NSFAS bursary agreement form. This type of agreement certifies and confirms your need for funds.

What Is SOP NSFAS?

What Is SOP NSFAS?

The schedule of particulars, SOP NSFAS is a document that NSFAS provides for students to fill out and agree to all the terms

How to Withdraw Money From NSFAS Wallet

How to Withdraw Money From NSFAS Wallet

How to Withdraw Money From NSFAS Wallet. We will focus on describing what is involved in the withdrawal process and every other thing that one has to know.

Where Are NSFAS Offices Located?

Where Are NSFAS Offices Located?

Knowing where the nearest physical NSFAS office is located can help you in the appeals process, the topic that shall be explored in today’s article.

When Was NSFAS Established?

When Was NSFAS Established?

When Was NSFAS Established? Keep on reading to learn everything you want to know about NSFAS. 

Will NSFAS Continue Funding Me If I Take A Gap Year?

Will NSFAS Continue Funding Me If I Take A Gap Year?

Will NSFAS Continue Funding Me If I Take A Gap Year. Here’s everything you should know about NSFAS and gap years.

Difference Between Funza Lushaka And Nsfas

Difference Between Funza Lushaka And Nsfas

You should know what each option offers before applying for one. Check out the difference between Funza Lushaka and NSFAS bursaries