Full Details about NSFAS Funding Applications 2024-2025
We(https://zainfo.co.za team) are pleased to inform you about NSFAS Funding Applications 22024-2025
PRESS RELEASE
06 JANUARY
NSFAS APPLICATIONS OUTCOME FOR THE ACADEMIC YEAR
applications:
Following the extensive outreach campaign, which saw NSFAS officials reaching out to small towns and rural areas, we are happy to report that by November 30, 2019 the National Student Financial Aid Scheme (NSFAS) had received a record number of 543 268 first-time ever applications (prior year 428 929) by the closing date.
NSFAS has prioritized the poor and vulnerable students and to this end, just under 50% of applications have been received from social grant beneficiaries. The personal details and social welfare status of all applications have been validated by the Department of Home Affairs and the Department of Social Development. This is a major improvement in NSFAS administration, as communication of funding decisions prior to the commencement of the academic year will allow students to enroll at a tertiary institution without having to pay upfront registration fees.
Read Also: MyNsfas Account Login-www.nsfas.org.za
As in prior years it is expected that a significant number of students will apply after they have registered at TVET colleges in January , in the previous year this category of students amounted to 160 000. NSFAS, in conjunction with the TVET sector, instituted additional administrative support to ensure rapid processing and turnaround.
Students previously funded by NSFAS and who will be continuing their studies in will be funded based on progression results to be received from the institutions.
We are encouraged that most of the applications were submitted through the electronic portal with only 15 000 applications submitted manually. The highest number of applications received were from KwaZulu-Natal, Limpopo, and Gauteng Province. About 80% of applicants have indicated that universities are their first choice of study.
Funding decisions for the applications have been updated on the myNSFAS portal profiles. Applicants are advised to check and track their application status updates online. Applicants who do not have myNSFAS portal profiles are encouraged to register on the website in order to ensure they have sight of their funding status.
Applications with outstanding supporting documents:
From the total number of applications received, 69 357 applications were incomplete or may have outstanding or incorrect supporting documents. Applicants with incomplete applications have been contacted by NSFAS over the festive season and as we are receiving the required documents, their applications will be processed for funding decisions.
The list of required documents that need to accompany each application is on the NSFAS website on www.nsfas.org.za
Funding decisions:
Of the 473 911 valid and fully completed applications received by the closing date, 346 364 were declared eligible for funding at this stage, 36 865 were withdrawn, 28 979 did not meet the minimum funding criteria, and these applications are being reviewed. The remaining 61 703 applicants submitted documents of poor quality, which were subsequently validated by the Department of Home Affairs.
CATEGORIES OF COMPLETE AND VALID APPLICATIONS
Eligible status confirmed 346 364
Application is withdrawn by the applicant 36 865
Personal details confirmed with Home Affairs, with poor quality documents submitted 61 703
Not meeting criteria, but subject to the second round of review process 28 979
TOTAL 473 9199
Additional temporary staff has been employed during this application season to ensure that all applications are processed before the start of the academic year. Applicants and returning students may contact the Contact Centre Toll-free number 08000 67327 on Monday – Friday from 8:00 am to 17:00 daily alternatively send an email to info@nsfas.org.za. Students are encouraged to utilize their MyNSFAS portal for the latest update and information on their funding decisions.
Recommended: NSFAS funding 2023-2024| Student Application Guide
Cautionary Notice
Students are advised to maintain the confidentiality of their passwords/ login details but also to ensure that the passwords are protected. Resetting password requests is the biggest volume of inquiries by our Call Centre.
Applicants should also be wary of scams and fake news disseminated on social media. NSFAS will never request login or account details as this can only be changed by individual students on their portals.
Issued by:
Dr Randall Carolissen
NSFAS Administrator
Media inquiries:
Email: media@nsfas.org.za
The above contact details are to be used for media purposes only. For any other inquiries contact 0800 067 327
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