how to check nsfas balance online

How to Check NSFAS Balance Using ID Number Online- 2 Effortless Methods of 2024

I know how important to keep an eye on your NSFAS balance because this fund is the key to your future success. It ensures that your account is current and you remain aware of your funding. Regularly check your NSFAS status to confirm the actual disbursed amount and any outstanding balance to pay tuition, accommodation, and other academic expenses.

In this article, we’ll discuss how to check NSFAS balance online. Let’s elaborate on it simply.

The NSFAS Wallet Balance

NSFAS Wallet balance is the funding amount that South African students receive as a scholarship. This NSFAS funding amount covers registration, tuition fees, accommodation, transport(R7350 per year), book allowance, and living expenses.

Transport is provided if living within 40 kilometers of your selected institution. This balance generally addresses the most significant and minor student expenses.
My NSFAS Status Check Balance

To check your NSFAS balance using USSD,  simply dial 134176# on your phone. As the system requires, type the secured password you created while NSFAS Wallet registration. Your NSFAS account is fully protected; this password is the surety of privacy of your personal information.

NSFAS Status Check Balance Methods

You can check NSFAS balance status in these two methods in a simple way:

  1. MyNSFAS Balance Status Check Online
  2. Check NSFAS Balance Using USSD Code 

1. My NSFAS  Balance Status Check Online

To check your NSFAS balance online using your ID number is very simple by following a few easy steps:

To save yourself from any issue, ensure your personal information, such as banking information, is accurate.

how to check nsfas balance online

2. Check NSFAS Balance Using USSD Code

Checking the NSFAS balance using the USSD code is very simple. No internet connection is required during this process, so you can check your NSFAS balance without using airtime online.

In this way, you can check your balance using the USSD Code. In this method, you need your mobile and can do it without airtime online.

  • Track Expenses: Monitor all your transactions regularly.
  • Check NSFAS Statements: Maintain accuracy by reviewing your NSFAS statements.
  • Set a Budget: Always set a budget plan by allocating funds for essentials. 
  • Avoid Unnecessary Spending: Avoid unnecessary spending on other matters and stick to your budget.
  • Use Budgeting Apps: Budget apps will be more beneficial to tracking your spending and savings. 
  •  Save Receipts: Maintain your record of spending receipts for all transactions.
  • Division of Amount Monthly Basis: Divide your NSFAS funds month-wise and stick to this amount to save you from future financial issues.
  • Seek Help if Needed: If you encounter any issue immediately contact NSFAS to seek help.
  • Stay Informed: Always stay updated and informed with new updates of NSFAS.

Conclusion-How to Check NSFAS Balance

I hope you’ve fully understood how to use your ID and how to check your NSFAS balance online. It’s essential to check and maintain balance to smooth your financial journey. You can do it by implementing the given guidelines.

Stay updated and well-informed while monitoring your NSFAS account. If your profile needs to be updated, do it immediately. In case of any issues, timely communication with NSFAS will benefit your academic progress. 

FAQs

In case your NSFAS wallet is blocked, you can unlock it by following these simple steps:

  • Click this link (www.nsfas.org.za) to visit the NSFAS official website and log into your myNSFAS account.
  • Create your case simply.
  • You’ve to submit a certified copy of your African ID.
  • Write your registered and active cellphone number.
  • Mention that your NSFAS Wallet is blocked.
  • Please wait for the NSFAS system; it’ll process your request and send a notification to unlock your account.

To create a new account, please follow these simple steps:

  • Go to the myNSFAS website.
  • Click on the “myNSFAS” option in the top right corner.
  • Enter your first and second name as per your ID document.
  • Input your ID number, race, email, and contact number.
  • Review and accept the T&Cs.
  • Type and confirm your password.
  • Complete the captcha verification.
  • Click “Create a profile.”

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