MyNSFAS Portal - NSFAS Login FAQs & Answers
Top questions asked by NSFAS students
National Student Financial Aid Scheme or the NSFAS Funding was founded through the National Student Financial Aid Scheme Act of 1999. The founders incorporated the NSFAS with it the Tertiary Education Fund of South Africa (TEFSA), which had stopped its operations in the year 2000.
Now, the National Student Financial Aid Scheme Act allows students to apply for financial assistance, whether in the form of a student loan or a bursary. There are, however, certain conditions that you must meet if you’re planning to apply for these grants.
Just like other applicants, you have to undergo a “needs test” that will determine the amount of financial aid you will require and if you’re eligible for the NSFAS. The system is currently undergoing changes to make financial aid more accessible and available to more students.
Mynsfas portal – Nsfas Login Faqs and Answers
According to the most recent applicants of the NSFAS, they have found the application process to be both slow and complicated. Because of this, the system has come up with a plan to make things better. If you’re interested in applying to NSFAS, go through the article below.
Brief list of FAQs of what people ask
How can I create MyNSFAS Account?
In order to create an account on NSFAS you must:
- First, Visit the NSFAS site and click on the myNSFAS tab.
- Click on register. Tick on the acceptance option to allow NSFAS to verify and validate the information you provided. (Please ensure that you have a valid copy of your South African ID or unbridged birth certificate copy before you register your profile.)
- Type in your ID number as it appears on your ID document.
- Type in your name and surname as they appear on your ID Document.
- Type in your email address and cellphone number. Your username will be your email address.
- Create a password and confirm your password.
- Upload a copy of your ID (you may certify your ID at your nearest police station.
- Click on register.
- After clicking register, a One Time Pin (OTP) will be sent to the email address and cellphone number you provided.
- Check your cellphone and email for the OTP.
- Type in the OTP in the tab provided and click submit.
- You will then receive another SMS and email confirming that your myNSFAS account has been created. You may now continue with your application.
How do I know if my registration data is sent to NSFAS?
Your NSFAS Data is sent immediately after submitting your application form and it may take some times probably months for NSFAS Office to process your data hence you need to be patient
- Registration is activated without paying a minimum registration amount. (Do not let people fool you on paying Fee to register for NSFAS)
- By tracking update on the NSFAS portal created during the application process.
- If you’re already registered at a tertiary institution, NSFAS will confirm and alert your institution about your application hence you may need to also check on your institution portal (usually on FinacialAid tabs)
Who should not apply?
- Students that have completed a previous qualification.
- Students with a combined household income of more than R350 000 per annum.
- Students who have already applied, qualified and received funding. They are automatically funded for the duration of their studies provided they pass their modules and meet the academic requirements.
- Foreign students (any student who is not a South African citizen).
Which institutions that NSFAS provides funding for?
NSFAS will only provide financial assistance to eligible students who have applied and have been accepted at public universities and TVET colleges for an approved funded programme. Students who will be studying or already studying at a private institution cannot recieve NSFAS Funding but only those in public instituions
Why is study fees account still owing while NSFAS has approved my funding?
Firstly you need to make sure that you have updated banking details on your instituion FinancialAid portal
- NSFAS take responsibility to settle your study fee account later or during the year.
- The balance owing on study fee account will not interfere with all service due to a student by the university, for example supply of study material, marking of assignments and exams.
- NSFAS settlement of tuition fee account is subject to a student registered for first qualification and funded qualification.
What is the effect of registering modules very late in the second semester?
NSFAS provides the University with certain dates (cut-off dates) by when all students Registration templates must be uploaded. Therefore it could happen that the additional claim is not submitted due to the late registration of modules.
The student must ensure they register all the necessary modules at the beginning of the year. And if you have registered the wrong modules you may need to inform your University Administration in time so that it doesn’t charge you for courses you were not supposed to do.
Why is the payout of allowance delayed?
- Universities may still be waiting NSFAS to confirm if registration data submitted is successfully processed or linked.
- Allowances maybe reserved for laptop purchase.
- You may need to update your banking details at your instituion student portal
Can a I change my living allowance into cash or book Allowance?
No you cannot change your living allowance into cash as most of the time NSFAS pays directly to Landlord if you are staying at private accomdation or University if you are reside at University residence
How much does Nsfas give students per month in 2021?
Paid Monthly from February to November 2021. R290 per month. Payable to all NSFAS Qualifying Bursary Students who qualify for the College Accommodation Scheme. Private Accommodation Students do not qualify for a meal allowance as this amount is already included in the monthly allowance that will be paid by NSFAS. Although Monthly allowance downgraded from R735 to R290 this year, this is just enough for students who are residing in University Residence with Meals.
How do I retrieve my Nsfas login details?
If you cannot remember your username, password and cellphone number, you can follow these simple steps to reset your myNSFAS login details. It happens to the best of us but no worries, it can easily be solved.
Forgetting your login details it is most times stressing.
This happens all the time so you don’t need to worry. It can be sorted out by following these steps:
- Visit Nsfas Website
- Click on myNSFAS
- Select ‘forgot password‘
- Type in your ID number and choose what you need help with: password or username or both
- Click ‘submit‘
- The username and the link to change your password will be sent via SMS and email
- Open the link so that you can be taken to the reset password page
- Reset your password by following the prompts on your screen (Make you it is different to your old one as it may still decline to open your account even after changing it)
Does an Intellicard need to be renewed annually?
No it does not need to be renewed annually
How does a student get a voucher number if using a cell phone?
In order to receive your voucher using your number you can simply:
- Dial *120*44431*student number*pin#.
For example, if a student number is “20150312” and PIN is “23436”, dial *120*44431*2015031234*23436#.
- This will give a voucher number that is valid for 5 minutes. A student may save this number as a contact on a cell phone for quick access.
How do I get my Nsfas statement?
- Your ID Number and ID copy.
- Your full names and surname.
- Your cellphone number and email address.
- Your physical and or postal address.
- Description of your query.
You may also try unblocking your account by changing your passwords into unique password and try logging in
How does a student know textbook allowance is reserved for laptop?
You will receive sms to confirm that funds have been reserved for laptop. At times your university will provide you with Laptop and add the charges to your Annual Fees
Does NSFAS refund you if you paid already before then approved you?
Yes, it does refund you back to your personal or institution account under these terms below:
- Only funds paid by a student for the academic year approved by NSFAS.
- All refunds will be paid to a student except payments made by another sponsor.
- All refunds will be less other costs not funded by NSFAS such as previous years debt, supplementary and other exam cost and tuition cost for Non-Degree Purpose registered modules.
- Refunds subject to NSFAS successful linking of student registration data.
How long will it take to receive my cash allowance?
- Funds should be available within a maximum of 14 working days from the time a study fee account is debited with Intellimali transaction, monthly living allowance of R290.00 will be transferred on the 1st of each month and students can expect to have the funds available in their account within 24 hours. Funds may come straight from University Account to student account