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Cabinet urges students to apply for NSFAS bursaries and loans

NSFAS


Cabinet has called on all qualifying students entering and already in the tertiary education sector to apply for the National Student Financial Aid Scheme (NSFAS) bursaries and loans, which opened on Friday, 20 September.

The Minister in the Presidency, Khumbudzo Ntshavheni made the appeal at a post-cabinet media briefing on Friday, reminding that applications will close on 15 December. 

This week Higher Education and Training Minister, Dr Nobuhle Nkabane also invited learners sitting for their matric exams to also make use of this opportunity.“This invitation is also extended to learners from grades 9, 10, and 11, who would like to enter the Technical and Vocational Education and Training sector,” Nkabane said at the time.

The NSFAS bursary is open to all South African citizens and permanent residents with a combined household income of not more than R350 000 per annum. 

For persons living with disabilities, the combined household income is capped at R600 000 per annum. The South African Social Security Agency (SASSA) grant recipients automatically qualify on financial eligibility.

The NSFAS loan is open to all South African citizens and permanent residents where the combined household income is between R350 001 and R600 000 per annum. 

For persons living with disabilities, the combined household income is capped at R600 000 per annum.

(Source - SAnews.gov.za)