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Name of the Organization : NSFAS National Student Financial Aid Scheme
Type of Facility : Student Loans For University Students
Location :Cape Town
Country : South Africa
Website : http://www.nsfas.org.za/

Student Loans For University Students

NSFAS assists students who have the academic potential to succeed at university and who qualify in terms of the NSFAS Means Test for financial aid.

Related : NSFAS Student Loan Repayments Procedure South Africa : www.statusin.org/1643.html

Student Loan

** A student loan is the money you borrow from NSFAS to cover the costs of your studies at any of the 25 public universities in South Africa. The costs include tuition fees, residence or private accommodation costs, food, books and travel.Repayments of your student loan are based on the salary that you earn, and start once your salary is R30 000 per year.

This loan must be repaid to NSFAS when you have finished studying. Depending on your results, up to 40% of your NSFAS study loan may be converted into a bursary and you do not need to repay that amount.

** NSFAS has very reasonable repayment terms, which are based on what you earn after you leave university. All loans that are repaid are used to fund other students who also need financial assistance.

** NSFAS gives loans to students without the need for guarantees or sureties from parents or guardians.
** To apply for a NSFAS study loan you can apply at the institution or online directly to NSFAS and fill in the application form.

Apply Online : www.nsfas.org.za/NSFAS/STUDENTS/APPLY

You can also print out the form and fill it in, then send it to NSFAS by post to this address :
NSFAS
Private Bag X4
Plumstead
7801
Cape Town

Documents Required

When you apply for a NSFAS student loan, you must attach all the documents listed below :
** Grade 12 Certificate.
** South African Identity Document.
** Proof of parents’ income.

** Proof of registration at school, college or university of brothers and sisters who live in the same household.
** Proof of registration can be obtained at the institutions where your brothers and sisters are registered at.

** Certified copies of their Birth Certificates and their Identity Documents.
** If you have a permanent disability, a letter from your doctor to confirm proof of disability.
** Letter of acceptance from the public university or college where you have applied to study

About Us

To transform NSFAS into an efficient and effective provider of financial aid to students from poor and working class families in a sustainable manner that promotes access to, and success in, higher and further education and training, in pursuit of South Africa’s national and human resource development goals.
Contact Us :
NSFAS National Student Financial Aid Scheme
Private Bag X1, Plumstead 7801,
South Africa