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NSFAS has had a bad start to the new year

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NSFAS has had a bad start to the new year

NSFAS has had a bad start to the new year .The National Student Fund Aid Scheme (Nsfas) is facing challenges at the beginning of the year, with more than 15,000 allowances yet to be disbursed.

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Outstanding Allowances and Year | End Review

At its final year-end extraordinary board meeting on December 31, Nsfas confirmed the existence of 20,000 unresolved allowance cases. These issues require additional input and consultation with educational institutions.

Focus Areas of Year | End Extraordinary Meeting

The year-end meeting addressed various critical issues, including the final disbursement of 2023 allowances, Nsfas budget adjustments, the loan scheme, an accommodation pilot project, and the formulation of the 2024 program of action.

Past Issues and Leadership Change

Nsfas has faced previous challenges with student complaints about delayed allowances, leading to the dismissal of CEO Andile Nongogo over allegations of corruption, fraud, and illegal tender dealings. A forensic report implicated Nongogo in a relationship with a company involved in the new direct payment system.

SAUS Concerns and Entity Response

Amid these challenges, the South African Union of Students (SAUS) expressed concerns in November 2023, stating that Nsfas was “facing grave challenges” and might collapse without intervention. However, Nsfas refuted these claims, asserting that it was not on the brink of collaps

Commitment to Resolving Allowance Disbursement Issues

Nsfas spokesman Ishmael Mnisi acknowledged the outstanding disbursements and pledged to resolve them by January 15, 2024. The aim is to ensure that the 2023 allowances do not impact returning students for the 2024 academic year.

Future Plans and Engagements

While addressing the immediate concerns, Mnisi mentioned that the Nsfas board would engage with partners to prepare for the 2023 academic year. Discussions would also cover Nsfas eligibility criteria and conditions for financial aid.

Conclusion

Nsfas faces challenges with over 15,000 outstanding allowances, following a leadership change and previous controversies. The organization commits to resolving issues by January 15, 2024, to minimize academic disruptions.

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NSFAS News

NSFAS Reapplication If You Dropped Out?

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NSFAS Reapplication If You Dropped Out?

NSFAS Reapplication If You Dropped Out?. The National Student Financial Aid Scheme (NSFAS) provides vital support to students from disadvantaged backgrounds, offering bursaries and loans for education expenses. But what happens if you drop out? Do you need to reapply for NSFAS funding? Let’s find out.

Check Also: ZA Student Portal

NSFAS Funding

NSFAS assists eligible students with tuition, registration fees, and various allowances, enabling them to focus on their studies without financial worries.

Dropping Out and NSFAS

Life circumstances can lead to a student dropping out of their course. Despite this, you can still qualify for NSFAS funding. However, you must take steps to restart your funding.

Reapplying For NSFAS

If you deregister or drop out, you must reapply for NSFAS if you plan to resume your studies in the future. This ensures you remain eligible for funding.

How to Reapply for NSFAS

Create or Log into Your myNSFAS Account

  • If you have an existing account, log in.
  • If not, create a new account on the myNSFAS portal.

Complete the Application

  • Click on ‘Apply’ and answer the questions on the screen.
  • If required, upload any supporting documents.

Submit Your Application

  • After completing the application, click ‘Submit.’
  • You will receive an application reference number.

Maintaining NSFAS Eligibility

Remember, NSFAS will only fund you if you meet the academic eligibility criteria.

Conclusion

If you dropped out of college or university but wish to return to your studies, you can reapply for NSFAS funding. By following the reapplication process, you can resume your education with the necessary financial support.

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