NSFAS Payment Dates 2024: Key Dates for Receiving Your Funds

Millions of students in South Africa rely on the NSFAS Payment Dates 2024 to fund their studies. They are currently waiting for their NSFAS allowances to cover their educational, travel, and food expenses. The delay in receiving these payments has led to significant frustration and distress among students.

NSFAS Payment Dates For TVET Colleges

NSFAS wants to remind all schools that TVET college students get their monthly payments on the 25th of each month, and university students get theirs on the 30th.

It’s very important for schools to send their registration data on time so payments can be processed by NSFAS by the deadlines.

The TVET college payment dates are also scheduled according to the academic calendar. The allowances are processed and added to each student’s Mynsfas account e-wallet. Keep an eye on your payment dates so that you don’t miss it. Because if you don’t receive your allowances payment then your allowances are debited to your e-wallet of NSFAS. This schedule outlines the academic cycles applicable to all campuses of Kwazulu Natal, ensuring coordination and alignment across the educational calendar.

Cycle Day of The Week Payment Date
Cycle 6 – Medical School Monday 1 July 2024
Cycle 6 – All Campuses Monday 5 July 2024
Cycle 7 – All Campuses Monday 5 August 2024
Cycle 8 – All Campuses Monday 2 September 2024
Cycle 9 – All Campuses Monday 7 October 2024
Cycle 10 – All Campuses (Final payment for 2024) Monday 4 November 2024

Other Universities Dates

University Name NSFAS Allowance Payments Commitment Date
University of the Western Cape 23 February & 01 March
Rhodes University 28 February 2024
University of Free State The Institution will continue to pay the outstanding funds
University of Zululand 01 March 2024
University of Fort Hare 26 February 2024
University of Kwa Zulu Natal 08 March 2024
University of Pretoria 04 March 2024
University of Mpumalanga 01 March 2024
University of the Witwatersrand 01 March 2024
University of Cape Town 17 -26 February & 01 March
Sefako Makgatho Health Sciences University 04 March 2024
University of South Africa 04 March 2024
University of the Western Cape 23 February & 01 March
University of Stellenbosch 29 February and 01 March
University of Johannesburg 07 March 2024
University of Cape Town 17 -26 February & 01 March
University of Venda 26 February 2024
Central University of Technology 02 March 2024
University of Limpopo 26 February 2024
North-West University 01 March 2024
Tshwane University of Technology 04 March 2024
University of Cape Town 17 -26 February & 01 March
University of the Witwatersrand 01 March 2024
University of Zululand 01 March 2024
University of Johannesburg 07 March 2024

 

When NSFAS Paying Out 2024?

NSFAS plan the schedule for the monthly payment of allowances so that students get their allowances on time and manage their monthly expenses easily. The payment dates depend on the allowances and university or college. The payment dates are pre-determined and scheduled according to the semester system (whole year payment is divided into 2 installments like semesters).

NSFAS payment dates are finalized on the basics of the academic calendar. Each month student receives funds according to the financial needs and funding category that may be increased or decreased. Most probably you receive your funds within the starting 10 days of each month.

NSFAS Status Check using id number

How long does NSFAS fund you?

National Student Financial Aid Scheme give a chance to the poor and needy students for the fulfilment of education dream. NSFAS pas the personal care, travelling or accommodation and studies allowances for the 10 months of a year. These allowances are paid on the first week of every month.

NSFAS support you by providing financial aid for a maximum of five years. After that, you are responsible for your all expenses. If you complete your degree in 3 to 4 years then NSFAS will financially support you for the next 2 years. The N+2 rule is only applicable if you need to repeat a course or you enrol in a course for 2 or fewer years. Read the procedure of NSFAS Appeal.

FAQs

When Is Nsfas First Payment For 2024?

As the colleges start the student receive their first payment in February and The allowances for students at TVET colleges will be paid by the 06th March 2024, pending the successful upload of registration information by TVET colleges on the 28 February 2024.

Can the NSFAS Payment Schedule change throughout the academic year?

Yes, the NSFAS Payment Schedule is subject to change based on various factors such as funding availability, academic progress, and changes in personal circumstances. Also check the procedure of Cancel NSFAS Application.

What types of payments are included in the NSFAS Payment Schedule?

The NSFAS Payment Schedule covers various types of financial aid, including tuition fees, accommodation allowances, meal allowances, and other stipends provided to eligible students.

As an NSFAS allowance receiver, you must have to stay up to date about the NSFAS Payment Schedule. Because this schedule is helpful in payment receiving. The allowance payment date depends on the type of allowance and the institute in which you enrol. But mostly the allowances are paid at the start of the month. You have to receive your allowances on time otherwise they are debited to your NSFAS e-wallet.

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