NSFAS Allowances for 2023



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NSFAS beneficiaries are provided with the student allowance on a monthly basis, which usually begins when academic activities resume. These allowances are paid in cash, either directly to the student via their Nsfas Wallet or via the institution to the student.

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University students will receive a R5,460 learning material allowance per year, as well as an accommodation allowance to the value of R61,500 a year .



There is also a projected 7% increase in the number of students who will qualify for funding in the coming academic year.

Distance Learning students, like UNISA studying less than 60 course credits towards their qualification, will qualify for the learning materials allowances only.

Distance university students studying an equivalent full-time course credit load qualify for the personal care allowance of R3,045 per academic year. This requires a student to be registered for a minimum of 120 course credits in one academic year.

NSFAS UNIVERSITY STUDENTS ALLOWANCES 2023

  • University managed and catered students will receive a R5,460 learning materials allowance and an accommodation allowance capped at R61,500. There are instances where the university provides both accommodation and catering.
  • University managed self-catering students will receive a learning materials allowance to the value of R5,460, R16,500 per annum living allowance and accommodation allowance capped at R45,000.
  • Living with relatives (not in private accommodation) students will receive a learning materials allowance of R5,460, and R16,500 per annum living allowance.
  • Private off campus accredited accommodation students will receive a learning materials allowance of R5,460, R16,500 per annum living allowance and an accommodation allowance capped at R45,000.

NSFAS TVET STUDENTS ALLOWANCES 2023

  • TVET College owned catered residence will only receive an accommodation allowance to the value of R54,045 per annum
  • TVET College managed, owned and leased self-catered accommodation will for the first time receive a living allowance of R6000, personal care allowance of R3,045 and a maximum R45,000 plus living allowance paid to the TVET College.
  • TVET students in private accommodation will receive a R6000 living allowance, R3,045 personal care allowance and R45,000 per annum accommodation allowance.
  • TVET students residing less than 10 km from the College (this means from 0 km and beyond but up to 9.9 km), will receive a R6000 living allowance, R3,045 personal care allowance and R7,718 travel allowance.