NSFAS Allowance Payment Date: Payment Schedule for NSFAS Students Find the NSFAS Payout schedule for Academic year 2024/2025 This page contain full Schedule about when do Nsfas Beneficiaries Receive their allowane Payments to cover living expenses, learning materials, and transport costs for needy South African students.
NSFAS Allowance Breakdown
Understanding the breakdown of NSFAS allowances is crucial for beneficiaries to plan their academic year effectively.
South African Universities
- Accommodation As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence)
- Transport (up to 40 km from the institution) R7 500 per annum
- Living allowance R15, 000 per annum
- Book allowances R5200 per annum
- Incidental/personal care allowance of R2900 per annum for students in catered residences
TVET Colleges
- Accommodation in an urban area is R24,000 per annum
- Accommodation in a peri-urban area is R18,900 per annum
- Accommodation in a rural area is R15,750 per annum
- Transport (up to 40 km from the institution) R7,350 per annum
- Transport R7000 per annum
- Incidental/personal care allowance R2900 per annum
SEMESTER ONE (12 February 2024 to 26 June 2024)
| Cycle | Day of The Week | Payment Date |
|---|---|---|
SEMESTER 2 (22 July 2024 to 3 December 2024)
| Cycle | Day of The Week | Payment Date |
|---|---|---|
The above dates are applicable only to allowances that are disbursed through the university.
Payment channels for the 2024 allowances
NSFAS has advised that payment channels for the 2024 allowances will be as follows:
Disbursements through universities:
- Learning materials allowances for the 2024 academic year.
- Living expenses allowances for February, March, May, June, and July 2024.
- Transport allowances for February, March, May, June, and July 2024.
- All allowances for pre-funder students.
- All allowances for beneficiaries of NSFAS disability funding.
Disbursements through NSFAS:
- Private accommodation allowances – directly to landlords.
Disbursements through NSFAS appointed direct payment partners:
- Living expenses allowances for April 2004 and for August 2024 onwards.
- Travel allowances for April 2004 and for August 2024 onwards.
