2024 NSFAS UCT Financial Assistance

 

2024 NSFAS UCT Financial Assistance: UCT Nsfas Allowance Dates

Financial aid is a type of funding that is based on authorized study costs. The National Bursary Rules and Guidelines of the Department of Higher Education and Training determine the permitted study cost each year.

NSFAS will distribute funds to qualified students depending on their authorized cost of attendance; this does not include coverage for clubs and societies or any fines.

Applicants must visit their MyNSFAS site to see if their application was successful. NSFAS will notify universities of the funding eligibility of new and returning students.

After registration, qualified students’ registration (cost of study) charges will be remitted to NSFAS. NSFAS will only certify the actual funding amount after receiving and processing registration cost data.

It is important to note that NSFAS is not aware of the program of study an applicant registers for until registration data is submitted. A student may have a funding-eligible status but register for an unfunded course. NSFAS will not process/award any funding in this instance. It is, therefore, the applicant’s responsibility to ensure that they are familiar with the list of NSFAS-funded programs (available on their website).

Eligibility criteria for financial aid – 2024 NSFAS UCT Financial Assistance

UCT will receive from NSFAS the relevant application information confirming eligibility for funding.

All NSFAS applications are checked against the following eligibility criteria:

• Citizens and permanent residents of South Africa
• First undergraduate qualification
• Financial eligibility
• If the student was registered at a tertiary institution before, and the number of years of registration to apply the N+1 rule

Note: The post-degree law program is no longer funded (LAWP01, as well as the PGCE, and PGDA programs)

 

Read Also: UCT Postgraduate Degree Funding Applications and Requirements 2023/2024

How do I apply? 2024 NSFAS UCT Financial Assistance

Use the link below to the NSFAS website to register and proceed to complete your online application.

How will my financial eligibility be assessed?

NSFAS assesses eligibility for funding based on the National Bursary Rules and Guidelines issued annually by the Department of Higher Education and Training.

When will I know if I am eligible?

The outcome of your application will be communicated by NSFAS once your eligibility has been assessed. The funding eligibility statuses are normally available on the MyNSFAS portal after the NSC results are released. Universities will receive the information at the same time applicants do. Undergraduate Student Funding UCT Nsfas Allowance Dates

Will all my costs be covered if I am successful?

NSFAS funding is based on the parameters set in the National Bursary Rules and Guidelines annually.

See Undergraduate Funding Scenarios for examples of costs covered.

However, a student will only be funded at one University. Should you cancel your registration at one University and register at another, your NSFAS funding may be compromised,  if the study costs have already been submitted. UCT accepts no liability for the financial implications of changing your registered institution.

Applicants that are not NSFAS eligible may be considered by UCT for UCT GAP funding, within the GAP funding eligibility rules.

Can I appeal the NSFAS ineligible decision?

NSFAS normally opens an appeal process for applicants on the MyNSFAS portal. Please ensure that you follow the correct procedure. Returning students must submit their appeal at the Financial Aid Office.

NSFAS Bursary

The Bursary funding includes requirements that must be fulfilled by recipients. These include but are not limited to:

• Community service.
• Academic pass and progression requirements for renewal of funding.
• Funding is limited to the minimum duration of the program plus 1 extra year for undergraduate study. All years of study will be counted irrespective of the funding source for those years of study.

Further information on NSFAS funding is available at www.NSFAS.org.za

Can I hold other awards along with the UCT financial assistance?

Funds are limited, and we encourage students to look for other sources of funding to cover their costs. You are obliged to inform UCT of any other financial assistance or sponsorship that you receive.

Funds released are used to support other financially needy students.

Is UCT & NSFAS financial assistance renewable?

Yes, funded students are automatically considered for renewal based on academic performance each year and the number of years of study. No student will be funded for longer than the minimum duration of the program plus 1 year.

Use the link below to the NSFAS website to register and proceed to complete your online application.

NSFAS Online Application

The NSFAS contact details are outlined below should you require assistance, or visit your closest tertiary institution’s Financial Aid Office for further assistance.

• Share Call Number: 0860 0067 327
• Email: Info@NSFAS.org.za

We encourage applicants to print a copy of their NSFAS online application and keep a record of all supporting documents, in case they are required later. Also, check your email account regularly for correspondence from NSFAS and UCT.
NB. All applicants that apply to NSFAS online, must make sure that they receive an application reference number after the application is submitted. Your application has not been submitted successfully if you do not receive an application reference number. UCT Nsfas Allowance Dates