How Much does NSFAS give Students Per Month in 2023

How Much does NSFAS give Students Per Month in 2023

You are currently viewing How Much does NSFAS give Students Per Month in 2023

 

Are you interested in How much NSFAS give students per month in 2023? Or how much does NSFAS give TVET students per month? If yes, this post is for you as you will know how much NSFAS gives university students per month as an allowance.

Congrats if you are among those that applied and were approved for NSFAS funding. The next question is how much will NSFAS give monthly to UNISA or TVET students

How Much does NSFAS give Students Per Month in 2023

Below are NSFAS monthly allowances to students:

NSFAS AllowancesNSFAS Monthly Allowances for 2023
Living AllowancesR1250
Travel AllowancesR625
Learning MaterialsR433
Accommodation Depends on what your institution charges
Incidental AllowancesR241
Above are the current NSFAS monthly allowances to students.
Now that you know how much NSFAS gives students per month see the yearly allowance amount.

How Much does NSFAS give Students Per Year

Below is the amount NSFAS funds students in a yearly, which can be gotten by multiplying the monthly allowances by 12.

NSFAS AllowancesNSFAS Yearly Allowances for 2023
Living AllowancesR15,000
Travel AllowancesR625
Learning MaterialsR5,200
Accommodation Depends on what your institution charges
Incidental AllowancesR2,900

Table of NSFAS monthly allowance to students

NOTE: The cost of private accommodation for a student under NSFAS funding must not exceed the institution’s accommodation. Also, note that NSFAS pays for tuition fees.

How much does NSFAS give TVET students per month?

Below are the amount NSFAS funds TVET students per month in 2022:

  • Tuition fees and your registration fee
  • Transport: R612.5 per month (students living up to 40km from TVET College)
  • Accommodation: R2000 per month, R1500 (Peri-urban area), R1312.5 (Rural areas)
  • Personal Care: NSFAS funds TVET College student R241.67 per month.

How much does NSFAS give UNISA students per month?

Below is a breakdown of the amount NSFAS funds UNISA students per month as allowance.

NOTEUNISA students only get allowances from NSFAS for living allowance and learning materials. Also, there is R290 allowance per month from February to November, which is used for incidental expenses.

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