NSFAS Online Application Procedure 2020 – 2021
Application for the NSFAS Scheme is relatively simple and straightforward. Applicants can simply visit nsfas.org.za to apply online. Applicants can also visit any NYDA branch close to them and pick up hard copies of the application form. It should be noted that students must thoroughly fill out and provide all the necessary documents required of them. Failure to provide all the necessary documents may lead to a rejected application.
Students who have already applied for and received NSFAS funding for the previous year are not to reapply. Such persons will be required to sign the Agreement Form, after which funds will be released. It should however be noted that, a student needs to maintain a progressive score of atleast 50% to remain eligible for loans.
The NSFAS scheme is NOT a bursary. Under special circumstances, the loan can be converted into a bursary depending on the academic performance of the student. The bursary can cover up to a maximum of 40% of the loaned amount.
NSFAS determines the maximum and minimum amount of funds a student receives. Below is an outline on how to apply for your loan.