NSFAS NEWSNSFAS Wallet: How to Check NSFAS Account Balance

NSFAS Wallet: How to Check NSFAS Account Balance

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NSFAS Wallet: How to Check NSFAS Account Balance Be detailed about NSFAS Wallet this article will lead to Check NSFAS Account Balance.

What is an NSFAS Wallet?

An NSFAS Wallet is a virtual account linked to your cellphone number.

It allows you to receive and manage your NSFAS allowances electronically.

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You can use your wallet balance to:

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  1. Withdraw cash at participating retailers like Checkers, Shoprite, Usave, Boxer, and select Spar stores.
  2. Make purchases directly at any registered merchant.

How to Check Your NSFAS Wallet Balance

1. Online via the Internet

This the most affordable and simplest way of checking your wallet cash balance.

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Simply visit www.celbux.appspot.com and follow these simple steps:

  • Log into your account using your cellphone number and password;
  • Click More then Transactions
  • View transactions

That’s it. On the transactions page, you’ll see your history and the remaining balance on your wallet or allowance by NSFAS, if you’ve qualified.

Sometimes students struggle to log into the system due to incorrect or outdated information. So always ensure your contact details are updated so that it’ll be easier for you to request a password reset.

2. Via USSD

This option only requires you to use a phone device, no internet connection is required for this process.

 

  • Dial 134176# on your phone: Simply enter this code on your mobile device to initiate the USSD session.
  • Enter your registered password: Once prompted, input your password, which you set up during the NSFAS Wallet registration process. This password ensures the security and privacy of your NSFAS account.
  • Select option 2 for Query: Upon successful login, you’ll be presented with a menu of options. Choose option 2, specifically designed for querying your account details.
  • View cash balance and transactions: Once you select option 2, you’ll gain access to your NSFAS Wallet information. This includes not only your current cash balance but also details of recent transactions, enabling you to monitor your spending habits and financial activity effectively.
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How to Activate and Use Your NSFAS Wallet

Step 1: Receive the Welcome SMS

After your NSFAS application is approved and your wallet is prepared for activation, the first critical step involves receiving a “Welcome” SMS from NSFAS. This SMS is sent to the mobile number you registered during your application process, marking the beginning of your NSFAS Wallet setup.

Importance of the Welcome SMS

The Welcome SMS is not just a notification—it contains essential information and instructions needed to activate your NSFAS Wallet. It serves as the official confirmation that your NSFAS Wallet is ready to be set up and is a vital communication link between you and NSFAS.

What to Expect in the SMS

The SMS will typically include:

  • A greeting and confirmation that your NSFAS Wallet is ready for activation.
  • Instructions for the next steps, typically involving verification processes like dialing a USSD code.
  • A temporary password or link to set up your wallet or change your password for security purposes.
Keeping Your Mobile Number Active

It is crucial to ensure that the mobile number you provided during your application remains active and able to receive SMS. If there are any changes to your mobile number, you should update it with NSFAS immediately to avoid any disruptions in receiving important notifications and accessing your funds.

Action Required Upon Receiving the SMS

Upon receiving the Welcome SMS:

  1. Read the instructions carefully.
  2. Follow the initial steps provided in the SMS to begin the activation process. This often includes verifying your identity and setting up a secure password.
  3. Keep the SMS saved or note down any important information it contains, as it may be helpful for future reference.
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Security Considerations

Ensure that your mobile phone is secure and that only you can access the messages and personal data on it. Since your phone will be used for financial transactions, it’s advisable to use a password or PIN to lock your device.

Step 2: Dial the USSD Code

Start the activation by dialing *120*176# from your mobile phone. This USSD code is essential for initiating the activation process and verifying your identity linked to the NSFAS system.

How the USSD Code Works

When you dial the USSD code, you will be presented with a menu that guides you through several options:

  1. Verification of your identity: You will be prompted to enter your South African ID number. This step is crucial for confirming that the correct account is being activated and that it is linked to your verified identity.
  2. Password setup: As part of the security process, you may be prompted to create or confirm a password that will be used for future transactions. This ensures that only you can access your funds.
  3. Account confirmation: The final step typically involves confirming that all details are correct and that your NSFAS Wallet is ready to be used.

Step 3: Create a Secure Password

After dialing the USSD code, you will be prompted to create a password. This step is vital for protecting your funds. Choose a strong password that is hard to guess and remember never to share it with anyone to avoid fraud.

Steps to Set Your Password
  1. Input your desired password: When prompted, enter the password you wish to use for your NSFAS Wallet.
  2. Confirm your password: You’ll likely be asked to re-enter your password to ensure there are no typos.
  3. Complete the setup: Follow any additional instructions to finalize setting your password.
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Importance of a Strong Password

A strong password ensures that your funds are protected from unauthorized access. It prevents potential fraudsters from easily guessing your password, thereby safeguarding your financial information and the allowances disbursed by NSFAS.

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