The applicants of NSFAS are often asked for the NSFAS status and they check it timely. Here many of us thought about what NSFAS Status Meaning 2023. When the application status is checked the applicant sees many different terms and doesn’t know what it means. So today get all the information and detail about the NSFAS status.
NSFAS Status Meaning 2023
Most of the users don’t know the NSFAS Status Meaning so they can get help from this page. Here We explain the meaning of all the statuses. The status of the NSFAS application means that the;
- Application Submitted
It means that you have completed your application and submitted it too. So the application is successfully loaded into the NSFAS system.
It means that the applicant’s qualification (current and previous) is checked by the system.
During the evaluation process, NSFAS verifies that the applicant’s documents are completed and authentic. If not, then submit your incomplete documents too.
- Funding Eligibility
The applicant’s mentioned income or financial status is checked by the NSFAS. They verify them if it is not according to the mentioned (above the mentioned) then the application is rejected.
- Awaiting Academic Results/ Admission
The academic results and the admission status of the applicant are verified by the NSFAS. If it matches the defined criteria of NSFAS then your application is approved. This may take some time because NSFAS has to get the information from your chosen institute.
- Application Approved
Your NSFAS funding application is processed and approved according to the criteria that are defined by the NSFAS. They are just waiting for the submission of your registration data from your educational institute. After that, your payment will be processed that fulfill your study expenses.
- Application Unsuccessful
It means that you and your application don’t meet the criteria of NSFAS and you are rejected. You can also submit an appeal if you think that it’s unfair or incorrect.
- Awaiting Registration
This is a stage where the student has to wait for a while because NSFAS receives the information from the chosen institute for registration and the creation of a bursary agreement. Then it is further processed.
- Signing of Agreement
This is a pleasure stage for the applicants because they have to sign the document of bursary agreement. So that the applicant receives their NSFAS allowances.
It’s the final stage where the applicants are paid by the NSFAS through their institute or NSFAS wallet. You can raed how to apply for NSFAS Postgraduate Funding.
All the applicants must need to check the NSFAS portal for updates and monthly allowances.
Parked NSFAS Status Meaning
The applicant status changes from time to time as the NSFAS evaluates the application and the form. It’s a bit worrying status but it changes with time as the officer evaluates it. When you see your application status “Parked” then understand that the application is checked according to the application status and the applicant’s household income is also calculated. So don’t worry about the status it will not change because it is a temporary status until the officials allocate the correct status of your application.
Registration Received NSFAS Meaning
Often the applicants see a status “Registration Received” on the status bar of their NSFAS account. Don’t worry it’s a good sign instead of bad news or a big issue. This status means that the applicant registration details are received and verified by the institute in which the applicant is enrolled. This status is the meantime between the application approval and payment of funds.
So it’s a good sign from the NSFAS for the applicant that their details are received and registered successfully. Now they are aligning the record of the applicant with the educational institute. Soon the process is completed and the applicant receives the funds.
Often NSFAS applicants are worried about the status of the application because they don’t know what it means. Here NSFAS Status Meaning 2023 is defined in detail. Hope the applicants can find it useful and reduce their stress too just like the NSFAS. As they help the eligible students by providing funds or allowances.