When Will NSFAS Pay Registration Fee for 2024?
Are you curious to know “when will NSFAS pay registration fee for 2024″?In this article, we’ll try to cover payment dates for 2024; what are the eligibility criteria for it? Or what are the payment amounts in NSFAS funding, and what steps are required to take if your payment is delayed?
This article also has specific information on the allowances of universities and golden tips to manage your NSFAS funding in a better way.
NSFAS Payment Dates 2024
University Allowances and TVET Colleges
The students of the university are likely to receive their NSFAS allowances by the end of Feb 2024, whereas the students for TVET colleges will be able to receive their payment on March 6 March 2024.
Timely and successful uploading of information regarding registration by all the TVET colleges on February 28, 2024, is very mandatory for the payment of March 2024.
Expected Payment Schedule for NSFAS
As per previous practices, the tentative schedule of payment for 2024 is under please:
First Semester
| Cycle 1 | February 6, 2024 (already announced for TVET colleges) |
| Cycle 2 | March 6, 2024 (possible date for universities based on past trends) |
| Subsequent cycles | Likely in April and May |
Second Semester
| The payments for the second semester generally extend over July, August, September, October, and November. |
Specific University Payment Dates
The following are the payment commitment dates for various universities mentioned below:
University Payment Dates
| University Name | Payment Date |
|---|---|
| University of the Western Cape | 23 February & 01 March |
| Rhodes University | 28 February 2024 |
| University of Free State | The institution will continue to pay the outstanding funds |
| University of Zululand | 01 March 2024 |
| University of Fort Hare | 26 February 2024 |
| University of KwaZulu-Natal | 08 March 2024 |
| University of Pretoria | 04 March 2024 |
| University of Mpumalanga | 01 March 2024 |
| University of the Witwatersrand | 01 March 2024 |
| University of Cape Town | 17 – 26 February & 01 March |
| Sefako Makgatho Health Sciences University | 04 March 2024 |
| University of South Africa | 04 March 2024 |
| University of Stellenbosch | 29 February and 01 March |
| University of Johannesburg | 07 March 2024 |
| University of Venda | 26 February 2024 |
| Central University of Technology | 02 March 2024 |
| University of Limpopo | 26 February 2024 |
| North-West University | 01 March 2024 |
| Tshwane University of Technology | 04 March 2024 |
NSFAS Payment Cycles for the University of KwaZulu-Natal
| Cycle 4 | All Campuses – Monday, 6 May 2024 |
| Cycle 5 | All Campuses – Monday, 3 June 2024 |
NSFAS Payment Eligibility
To meet the criteria of NSFAS funding and its associated allowances, you’ve to prove your eligibility criteria for this:
- South African Citizenship: You must be a citizen of South Africa or have a permanent residency in this country with a valid Identification number.
- Registration: Enrollment in an accredited NSFAS-funded public university or TVET college program is required.
- Financial Need: Your combined household income should not exceed:
- R350,000 per year for most applicants.
- R600,000 per year for applicants with disabilities.
- For students who commenced their studies before 2018 and whose household income falls within this threshold, the annual amount allocated is R122,000.”
- SASSA Recipients: If you receive a grant from the South African Social Security Agency (SASSA), there’s no need to apply, you will automatically qualify based on financial need.
- Communication Requirements: You must have a valid email address and mobile for communication and application submission purposes.
- Qualification Status: Generally, students who have already obtained a prior qualification are ineligible.
- Income Threshold: Students whose combined household income exceeds the specified thresholds are ineligible.
- Continued Funding: The Students who were previously funded by NSFAS and have consistently met academic requirements will continue to receive funding for the entire duration of their studies.
NSFAS Payment Amount 2024
University Students
- Living allowance: R16,500 per year, which includes:
- Meal allowance: R13,455 per year
- Personal care allowance: R3,045 per year
Additional support: This may cover transport costs up to R7,350 per year, and learning materials if requested.
TVET College Students
Living allowance: The amount can vary depending on your study location, generally within these ranges:
- R4,600 – R7,200 per year for on-campus accommodation
- R15,750 – R24,000 per year for off-campus accommodation, depending on location
Additional support: Similar to university students, this may include funding for transport and learning materials if requested.
NSFAS Payment Status
To track the NSFAS payment status, you should follow these steps:
- Go on Google search and type NSFAS website and click on it, you can also visit this site by clicking on the given link.
- Now click on the option “MyNSFAS”.
- If you’re a new user, then create your account first by clicking on “Register”, after account creation write your username and password to log in to your account.
- After logging in to your account, now you find the option “track your application” or funding progress” which may be labeled as “Track Funding Progress” or a similar kind of option.
On this page, these kinds of information details about your application status can be displayed :
- Approve
- Pending due to any outstanding requirements.
- The date of expected payment(if available)
What to Do If You Don’t Receive Your NSFAS Payment on Time?
Contact Your Institution
If you’re unable to receive your payment, you should reach out to your institution’s financial aid office to seek guidance into your specific situation and the internal disbursement process.
Contact NSFAS
For example, suppose your institution clarifies and confirms that they haven’t received the NSFAS funds, and it’s beyond the expected deadline. In that case, you are advised to contact NSFAS directly through the following mediums of communication:
- NSFAS contact centre (0800 0 67327).
- Send an SMS with your ID number to 31144.
- Dial this number 12067327 on your phone and follow the prompts using your ID number.
- WhatsApp to +27 78 519 8006 (Send a message on WhatsApp)
How to Avoid and Address NSFAS Allowance Payment Issues?
Keep Academic and Personal Information Up-to-Date
It’s suggested that you update your contact details, bank information, and academic records on the portal of myNSFAS. Inform NSFAS about any change in your academic status immediately to save yourself from any inconvenience in your allowance.
Adhere to the Terms and Conditions of Your Funding Agreement
You only need to understand the responsibilities and conditions of your NSFAS bursary, including academic performance requirements and recommended expenses.
It’s advised that you correctly use your funding for the right purposes to save yourself the termination of your bursary.
Monitor Payment Disbursements and Balances
You should monitor your myNSFAS account and bank account to check disbursements regularly. You can immediately contact NSFAS if you find any discrepancies.
Proactive Approach in Case of Delays or Issues
If you observe that your NSFAS allowances are incorrect or delayed, you have to contact NSFAS immediately with all relevant information. To follow up regularly till the resolution of this issue.
Seek Help from Student Representatives
It is recommended that if your issue remains unresolved, you should contact the representative of the student or the student council. They had to resolve most of the problems effectively and provide additional but effective support.
NSFAS Payment Schedule 2024
Monthly Payments
The students of TVET college have the facility to receive NSFAS allowance through their choice bank. On the other hand, the students of the university will continue to receive their NSFAS allowances through their chosen institution until the end of July 2024.
The students of TVET College receive their payments on the 25th of each month, whereas university students get their payments on the 30th of every month.
Processing and E-Wallet
The amount of allowances is processed and added to every student’s myNSFAS e-wallet account according to the academic calendar.
How Long Does NSFAS Fund You?
The NSFAS financial support maximum is for five years and supports the students for 10 months each year. If you succeed in completing your degree in 3 to 4 years, NSFAS will assist you for an additional 2 years.
The N+2 rule is applicable if you need to retake a course or enroll in a program that lasts for two years or less.
You May Also Like This Article: NSFAS Login
Conclusion-When Will NSFAS Pay Registration Fee for 2024?
At the end of this article, I hope you have got the answer to the question, “when will NSFAS pay registration fee for 2024?”. With the help of this article, you’ll be able to understand its disbursement mechanism easily. The NSFAS payments system demands understanding to schedule, maintain eligibility, and advancement in managing potential problems.
A proactive approach towards your issue resolution and actively engaging the NSFAS support for any issue can ensure a smoother and perfect academic journey with the financial support you require.
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