Connect with us

NSFAS News

NSFAS Missing Middle Loan Applications Awaiting Evaluation

Published

on

NSFAS Missing Middle Loan Applications Awaiting Evaluation

NSFAS Missing Middle Loan Applications Awaiting Evaluation. The NSFAS missing middle student loans were introduced as part of the Comprehensive Funding Model to assist students whose household incomes exceed the NSFAS threshold of R350,000 yet still face financial constraints in pursuing higher education.

Check Also: ZA Student Portal

Current Status of NSFAS Applications

Despite receiving over 22,900 student loan applications in 2024, only 139 missing middle students have been provisionally approved for funding.

 Challenges Faced by NSFAS

NSFAS has a backlog of 12,890 applications awaiting evaluation due to difficulties in automatically processing missing middle students who are not on the South African Social Security Agency (Sassa) grant database.

Conclusion

NSFAS is working to process all applications by the end of February 2024 and resolve pending appeals by April 2024. The scheme aims to offer 31,000 loans in 2024 to assist missing middle students in covering the costs of tertiary education.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

NSFAS News

NSFAS Reapplication If You Dropped Out?

Published

on

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.

Continue Reading

Trending