When is NSFAS Opening for 2024 Late Application?

By Enk Kabng •  Updated: 01/20/24 •  5 min read

The National Student Financial Aid Scheme(NSFAS) is a South African government financial aid scheme that gives financial aid to undergraduate students to help pay for the cost of their higher education after graduating high school. The Department of Higher Education and Training funds it. So lack of funds should not stand between you and your dream of attending a university as a South African. This guide will provide all the necessary information to see your 2024 NSFAS application goes through successfully. 

When is NSFAS opening for 2024 late application?

Anyone who is a citizen of South Africa can fill out an NSFAS Application. Students interested in applying for NSFAS for the 2024–2024 school year should do so before January 31, 2024. The National Student Financial Aid Service (NSFAS) has begun its application for the academic year 2024; interested candidates who have not yet been accepted to a university or TVET College are strongly encouraged to do so before the application deadline.

Is NSFAS still open for 2024 late applications?

Yes. Applications are open until January 31, 2024.

Does NSFAS open for late applications?

Some applicants may be tempted to submit their forms late because, in the past, the bursary scheme has allowed for late submissions past the first deadline. We can make a new start this time. If you submit your NSFAS application after January 31, 2024, you will be denied funding and given the status “APPLICATION RECEIVED AFTER CLOSING DATE” by the NSFAS. Due to the lack of recourse for applicants whose applications are rejected after the deadline, timely submission is essential.

How do you apply for NSFAS If you already have an account?

A straightforward application process characterizes the NSFAS Scheme. Anyone interested in applying for NSFAS can do so easily by visiting nsfas.org.za. It is also possible for applicants to pick up paper copies of the application at any NYDA branch. It’s important to emphasize that students are responsible for providing accurate information in any forms they submit. You risk denying your application if you don’t provide the required materials.

Students who received NSFAS funding the previous academic year are not needed to reapply for support this academic year. After receiving the Agreement Form signed by the appropriate parties, monies will be disbursed. However, it’s important to remember that to keep receiving financial aid; students must keep their cumulative grade points over 50%.

You can see a summary of the steps required to apply for NSFAS financing below if you don’t have an account.

Step 1; Visit MY.NSFAS.ORG.ZA 

Read the terms and conditions and the parent consent form, and ensure you have all the necessary documentation.

Step 2; Sign up for a myNSFAS account. 

To access your myNSFAS account and make changes, you will need a username and password that you will use to log in. You’ll need access to a mobile phone number and an email account to finish the registration procedure.

Step 3; Apply to NSFAS

After signing up, go to the APPLY section to fill out the application form. Think about how you want your information to appear on the form, and then read it carefully.

IMPORTANT! You should have digital copies of your supporting documents ready to upload before commencing the application process. These supplementary materials have to be sent in as attachments. You cannot start the application and return to it later; thus, you should wait to gather all the necessary materials until you are ready to begin.

After you have filled the application form in its entirety and attached any necessary papers, you may send it off and wait for a reference number to be issued.

Requirements for a Successful NSFAS Application

To complete your NSFAS application, you will need the following:

  1. You have your phone number and email address.
  2. A copy of your identification or birth certificate.
  3. Copies of parents’, guardians’, or spouse’s identification (If applicable).
  4. Your proof of income or a year’s worth of IRP5 (if applicable).
  5. Proof of income from your parents, guardians, or spouse.
  6. If you are a SASSA grant beneficiary, you will not be needed to provide proof of income.
  7. Applicants with disabilities must present a signed Disability Annexure A Form.
  8. A Vulnerable Child Declaration and Consent Form must be completed and signed by an applicant who has been identified as a Vulnerable Child by the Department of Social Development.

How much will the NSFAS allowance be in 2024?

The living expense rises each year; will NSFAS raise the monthly allotment in 2024 to account for inflation? Well, No formal announcement has been made by the Financial Aid Scheme. But NSFAS reports that between February 2024 and April 2024, the initiative will disburse over R3. 5 billion in allowances to students who qualify for funding. Also, earlier this year, the scheme stated that it aims to roll out a new direct payment option that would see participants receiving their monthly allowances via an NSFAS bank card.

Regular allowances that should be expected:

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