NSFAS Receives 1 Million Applications for 2024, Anticipates Further Increase

NSFAS Receives 1 Million Applications for 2024, Anticipates Further Increase. As 572,983 matriculants celebrate their success with an impressive 82.9% pass rate, opportunities for further education beckon. President Cyril Ramaphosa hails the achievement as a testament to the determination and ambition of learners, emphasizing the importance of investing in education for national development.

Accessing Matric Results Quickly

For those seeking quick access to matric results, the Department of Basic Education (DBE) offers an online system, a cell phone dial-in option (12045856#), and a dedicated website for Gauteng-based matriculants.

NSFAS Bursaries: Gateway to Tertiary Education Funding

Financial constraints often hinder learners’ aspirations for tertiary education. The National Student Financial Aid Scheme (NSFAS) provides a lifeline, offering comprehensive bursaries to students pursuing approved courses at universities and Technical and Vocational Education and Training (TVET) colleges. Eligibility is contingent on a household income not exceeding R350,000.

Applying for NSFAS Bursaries

Prospective university and TVET college students are urged to apply for NSFAS bursaries before the 2024 application deadline. The process is streamlined, with no need for documents or matric results during the initial application.

Update on NSFAS Applications for 2024

NSFAS is gearing up for the 2024 academic year and reports receiving over 1.4 million funding applications to date. Anticipating nearly 1 million more applications, the scheme emphasizes the importance of submitting an NSFAS Consent Form along with the application.

Ensuring Eligibility: Verification Process

Mandatory verification procedures include assessing the employment status and income levels of parents, guardians, or spouses to determine eligibility. This applies to applicants with statuses such as “Awaiting Evaluation,” “Financial Eligibility,” and “Application in Progress.”

Exploring Alternatives: NSFAS Student Loans

For those ineligible for a bursary, NSFAS introduces student loans tailored for individuals from the “missing middle” backgrounds. Eligibility criteria and application details for the loan scheme for the 2024 academic year are under development, with communication on the commencement of the application process expected.

Application Deadline Reminder

As the application period for NSFAS bursaries draws to a close on January 31, 2024, aspiring students are urged to act promptly to secure financial support for their tertiary education.