Latest nsfas news on nsfas allowance

Here are the latest NSFAS news updates on NSFAS allowance:

Latest NSFAS Allowance News

1. NSFAS Allowance Increase: The National Student Financial Aid Scheme (NSFAS) has announced an increase in the allowance for students who are funded by the scheme. The new allowance rates are as follows:
   • R2,500 per month for students in urban areas
   • R2,000 per month for students in semi-urban areas
   • R1,500 per month for students in rural areas
   • R1,000 per month for students in remote areas
2. NSFAS Allowance Payment Dates: NSFAS has announced the payment dates for the 2022 academic year. The allowance will be paid on the following dates:
   • 15th of each month for students who are funded by NSFAS
3. NSFAS Allowance for Postgraduate Students: NSFAS has announced that postgraduate students who are funded by the scheme will receive an allowance of R3,500 per month.
4. NSFAS Allowance for Students with Disabilities: NSFAS has announced that students with disabilities who are funded by the scheme will receive an additional allowance of R1,000 per month.
5. NSFAS Allowance for Students in Residences: NSFAS has announced that students who are living in residences will receive an additional allowance of R1,000 per month.
6. NSFAS Allowance for Students with Children: NSFAS has announced that students who are parents and are funded by the scheme will receive an additional allowance of R1,000 per month.
7. NSFAS Allowance for Students who are Orphans: NSFAS has announced that students who are orphans and are funded by the scheme will receive an additional allowance of R1,000 per month.
8. NSFAS Allowance for Students who are Foster Children: NSFAS has announced that students who are foster children and are funded by the scheme will receive an additional allowance of R1,000 per month.

Important Notes

• The NSFAS allowance is a means-tested bursary, which means that students who are funded by the scheme must meet certain income and asset requirements.
• The NSFAS allowance is intended to cover the costs of tuition fees, accommodation, food, and other living expenses for students who are funded by the scheme.
• Students who are funded by NSFAS must register with the scheme and provide proof of income and assets to qualify for the allowance.
• The NSFAS allowance is subject to change, and students should check the NSFAS website for the latest information on the allowance.

I hope this information is helpful.