UNISA University of South Africa : National Student Financial Aid Scheme NSFAS

Name of the Organization : University of South Africa
Type of Facility : National Student Financial Aid Scheme NSFAS
Country : South Africa
Website : https://www.unisa.ac.za/sites/corporate/default/

UNISA National Student Financial Aid Scheme

National Student Financial Aid Scheme (NSFAS) is a statutory body, funded primarily by the South African National Department of Education and Training, which provides study loans to academically able but financially needy students who wish to study at one of South Africa’s public institutions of higher education.

Related : University of South Africa Programme For Practitioners in Early Childhood Development : www.statusin.org/4947.html

A NSFAS loan is an award that a student can receive from NSFAS upon applying and qualifying for such loan. This loan has to be repaid with interest (interest of each year is linked to the national inflation rate). A maximum award size is determined for each year by NSFAS. A portion of this award can be converted into a bursary based on academic performance. The size of this bursary is determined by the number of courses which the student has passed. A 100% pass rate will result in a 40% bursary rebate on this NSFAS loan.

NSFAS Loan Criteria

** Only South African students studying at public South African Higher Education Institutions;
** Undergraduate student studying towards a first higher education qualification;
** Studying for a postgraduate course which is a requirement to practice his/her chosen profession (e.g. Post-graduate Certificate in Education);
** Any postgraduate degree except, MBA, MBL, DBA or DBL;
** Student must be able to demonstrate potential for academic success and that he/she is financially needy;
** Application form has to be fully and correctly completed;
** All required documentation need to be submitted upon application;

Must apply before the closing date as published on the NSFAS webpage

Applications can be submitted online at the NSFAS webpage.

NSFAS Application : http://www.nsfas.org.za/NSFAS/

NSFAS bursary

A variety of NSFAS bursaries exist, each with its own criteria. A NSFAS bursary is an award that a student receives upon application for such funding. This bursary award does not have to be repaid, if the student however does not wish to adhere to the bursary conditions such bursary is reverted to a loan. This loan will have to be repaid with interest. Please visit the undergraduate bursary page for individual bursary criteria.

About Us

Unisa is the largest open distance learning institution in Africa and the longest standing dedicated distance education university in the world. We enrol nearly one-third of all South African students.

Founded in 1873 as the University of the Cape of Good Hope, the institution became the first public university in the world to teach exclusively by means of distance education in 1946.

Contact Us :
University of South Africa
Unisa Science Campus
Corner of Christiaan de Wet Road & Pioneer Avenue,
Florida, 1709