NSFAS Terms And Conditions National Student Financial Aid Scheme(NSFAS) Have term and Conditions you need to agree in order to Apply for NSFAS.
NSFAS Terms And Conditions
The NSFAS terms and conditions form part of the bursary agreement, and they guide the conduct of all beneficiaries. When you apply for financial aid and your application is successful, there are certain rules and regulations which you should abide by. NSFAS reserves the right to withdraw funding to students who fail to observe its terms and conditions. Therefore, you must be guided accordingly to continue getting financial assistance.
How Do I Accept NSFAS Terms and Conditions?
All students who qualify for NSFAS funding must accept the terms and conditions so they enter into a legally binding formal agreement with NSFAS. You will not receive any money until you sign the agreement. Failure to sign it means you don’t agree with certain things. Therefore, you cannot enter into a relationship with NSFAS.
To accept NSFAS terms and conditions, you must first apply for NSFAS funding. You can submit your application manually or online. Not all applications are automatically approved, so you must wait for NSFAS to complete its verification process. NSFAS is usually overwhelmed by a large number of applicants each year, so it can take some time to process all the applications.
If NSFAS approves your application, you will receive a notification via SMS or email confirming your beneficiary status. The notification directs you to the NSFAS website, where you can access the bursary agreement form. All approved students must sign the agreement online. You can do this by creating your myNSFAS account, which you will use to perform all NSFAS-related transactions or any other related activity.
Once you are on the agreement page, you are instructed to check if all the details are correct. You should read the terms and conditions, which are written in fine print. If you agree to the terms and conditions, you are asked to tick the validation boxes provided. The signing process is incomplete until you tick yes on the terms and conditions.
If you want assistance in completing your application, you can call the NSFAS contact center on 021 763 3200. You must always remember that no funding will be released to your account without signing the terms and conditions.