How To Create NSFAS Voucher Online

By Klenam JU •  Updated: 03/16/24 •  6 min read

Are you looking to know how to create NSFAS vouchers online? Do you even know the concept behind NSFAS vouchers and all the processes? In this article, you will learn a lot about the NSFAS voucher online and the whole process of creating the voucher. 

But before we break it down, let’s learn a few things about the voucher. What actually is the NSFAS voucher?

NSFAS voucher technically is another form of cash. It may not be widely accepted because the institution created it to regulate cash flow and track transactions. It is more like having a coupon or gift card. These types of payment are used by certain organisations and by specific individuals. And now, a typical example is the NSFAS voucher.

How to create NSFAS voucher Online

NSFAS vouchers are specifically used by students who have created NSFAS wallets or have access to NSFAS wallets. And this wallet was made by NSFAS to create convenience for students in the TVET college. And as you know, the main task of NSFAS, they fund this NSFAS wallet used by the students. The NSFAS voucher is not automatically in the NSFAS wallet. One must create the voucher through the NSFAS wallet to be able to make a purchase or get cash. And this is why we will be looking at how to create an NSFAS voucher online. 

You must understand that creating NSFAS voucher online requires a smart device and the internet. 

This is a simple process that could take less than 5 minutes to execute. Beneficiaries of NSFAS in the TVET college use this system when they receive their allowance.

How to Use NSFAS Voucher

How can I use my NSFAS voucher? – One of the most commonly asked questions by TVET students. Most new or freshers students in TVET college will want to know how they can use NSFAS vouchers. At least you have learned to create an NSFAS voucher online. Our next motive is to let you know how you can use your NSFAS vouchers.

You need to understand the NSFAS voucher system eases pressure on cash distribution. 

There are two possible ways you can use an NSFAS voucher. These are making cash withdrawals and making payments for goods. For you to know, the voucher, in another way, is a form of payment but only limited to a few places or organisations. 

After creating the voucher, you must submit the code to any recognised retail store to get physical cash. The voucher is a coupon that certifies cash withdrawal. The merchant or retail store cashier will verify and hand over to you actual cash.

The other way is to present that voucher code to the merchant store to pay for an item. Supposing you created a voucher worth R 100 and you are looking to buy an item with that same amount, all you need to do is submit the voucher code to the cashier at the store. The cashier will process it quickly, and then you can pick up your item or goods. This process aids students in making quick transactions and also helps NSFAS to track spending. 

Can I Create NSFAS Voucher With My NSFAS Wallet?

Creating an NSFAS voucher with an NSFAS wallet has always been an innovative idea by NSFAS; This has created a fast system of distributing money among students in the TVET college. You should know the NSFAS wallet is linked to your celbux account. Creating an NSFAS voucher with an NSFAS wallet is very possible. You can easily do that online through your celbux account. These systems are interconnected and integrated to assist students in making withdrawals and purchases. 

How to reserve NSFAS voucher?

When it comes to a reservation, this means for later use. There are many reasons why people make reservations, and it is to create assurance and certainty. But in this article, we are not discussing a broad reservation topic. This is related to the NSFAS voucher and How you can reserve the NSFAS voucher. 

Some students may create an NSFAS voucher from their NSFAS wallet and later may not want to use it at that moment, but then they may ask – How Do I reserve an NSFAS voucher? It is very simple; reserving an NSFAS voucher means keeping it until you are ready to use it. The best way to reserve an NSFAS voucher is to take a picture or screenshot after creating the voucher online. After creating the NSFAS voucher, the voucher code contains all the details, including the amount, the account details, and others. Once you do it this way, you can submit the voucher later to withdraw your cash or make a payment.

How Long Does NSFAS Cash Voucher Last?

If you are wondering about the validity of your NSFAS cash voucher, then be assured there is none. In its own sense, the national student financial aid scheme has not placed any limit on the expiring period of the NSFAS cash vouchers. This means the NSFAS cash voucher cannot expire and can be used anytime. Once you create the NSFAS voucher online and do not use it for several months, your voucher amount will be sent back to your NSFAS wallet. This does not deem your voucher as expired and lost. 

How to set up Ewallet for NSFAS?

Sometimes the NSFAS setup process can be hectic and disturbing. And these are normally students looking to set up their Ewallet for NSFAS for the first time. In this article, we will share a few simple steps to create Ewallet for NSFAS. 

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