How Much Should A Person Earn to Qualify For NSFAS?

By Klenam JU •  Updated: 03/25/24 •  4 min read

A student must be a citizen or permanent resident of South Africa, currently enrolled in or intending to enrol in a public institution or TVET college in South Africa, and come from a household with a combined annual salary of less than R350,000 to be eligible for financing from the NSFAS. In addition, the student must satisfy scholastic and progression requirements in order to maintain eligibility for NSFAS support throughout the duration of their education.

In addition, applicants are required to submit their applications online and provide all of the necessary accompanying documents in order for the process to be considered complete.

How much should a person earn to qualify for NSFAS?

NSFAS updates its determination of financial needs annually to account for changes in expenses and inflation. Keep in mind that a student’s family wealth plays a role in determining how much financial aid they receive from NSFAS.

 Students from families with annual incomes of less than R350,000 are guaranteed complete funding, while students from families with annual incomes of between R350,000 and R600,000 are qualified for partial funding.

NSFAS does not provide financial aid to pupils whose families earn more than R600,000 annually. Therefore, regardless of the student’s own income, they will not be eligible for NSFAS money if their family’s income is above this threshold.

What are the pass requirements for NSFAS 2022?

NSFAS, or the National Student Financial Aid Scheme, is a program backed by the government of South Africa that helps qualified students pay for their education.

NSFAS also looks at things like the applicant’s field of study, the cost of the course, and the amount of money that is available before funding students.

Here are some lists of what you need to do to pass NSFAS 2022

Do I qualify for NSFAS if I’m working?

Applicants who may be employed or working may wish to know if they can genuinely qualify for NSFAS funds. The motive of NSFAS is to provide funds to qualified students, whether they are working or not. However, before you can qualify, NSFAS has some requirements that are related to your annual income. 

Most important, when NSFAS is considering applicants, whether or not you are qualified for NSFAS, your salary will be taken into consideration if you are working. When determining whether or not you are in need of financial assistance, the NSFAS takes into account the total revenue of your household. Even if you are working and earning a salary, you might be eligible for the NSFAS if you satisfy the income requirements as well as the other conditions, such as having a strong academic record. 

Which qualifications will NSFAS not fund?

While it is the goal of NSFAS to provide financial assistance to as many students as feasible, the organization does not provide funding for all certifications and classes. NSFAS will not provide funding for projects that meet any of the following qualifications:

Keep Reading

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

How To Create eZaga NSFAS Account

How To Create eZaga NSFAS Account

How To Create eZaga NSFAS Account. This article will show you how to set up your eZaga NSFAS account and use its features.

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.

Which Postgraduate Courses does NSFAS Fund?

Which Postgraduate Courses does NSFAS Fund?

Which Postgraduate Courses does NSFAS Fund?. Today we look at this in more detail, including some other options you have.

How to Get NSFAS Proof of Funding Letter

How to Get NSFAS Proof of Funding Letter

This is everything you need to know about whether you've been funded, including a detailed guide on how to get NSFAS proof of funding letter

What Is A Letter Of Propensity For NSFAS?

What Is A Letter Of Propensity For NSFAS?

Today we’ve compiled some more information about what is expected and how to ensure you get a great Letter of Propensity to help you.

What Is the Difference Between Nsfas And Fundi?

What Is the Difference Between Nsfas And Fundi?

If you are looking to fund your tertiary education in South Africa, both NSFAS and Fundi are exceptionally common ways to get financial assistance.

How Does NSFAS Check Household Income?

How Does NSFAS Check Household Income?

How Does NSFAS Check Household Income. Today we will look at everything you need to know about this critical part of the application

Steps to Follow When Applying For NSFAS

Steps to Follow When Applying For NSFAS

We are going to look at the different Steps to Follow When Applying For NSFAS funding and provide you with some additional need-to-know information

Does NSFAS Fund Private Colleges?

Does NSFAS Fund Private Colleges?

Does NSFAS Fund Private Colleges?. In this article, we will look into the mission and motive of NSFAS regarding private colleges.

NSFAS Late Application For 2024 Opening

NSFAS Late Application For 2024 Opening

Applicants looking to get the NSFAS fund will benefit from this article as we will be giving insight on NSFAS late application and the timelines involved. 

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.

How To Check My NSFAS Balance

How To Check My NSFAS Balance

In this guide, my focus is to render information on how to check my NSFAS balance online. I will also cover how to check it via cell phone & without airtime

How to Recover NSFAS Password

How to Recover NSFAS Password

How to Recover NSFAS Password. In this article, we will discuss the procedure to make any necessary changes to your NSFAS password

What Happens To NSFAS When You Change University?

What Happens To NSFAS When You Change University?

What Happens To NSFAS When You Change University? Should you decide to change Universities and still qualify for NSFAS, you will be able to keep your funding and continue at your new institution