Will NSFAS Fund Me If I Have A Job? Not Every University or College student their Parents or Guardian can Afford to pay Studies Cost due to the Different level of Life that’s why Nsfas provide Fund to finance the university studies for those who Qualified.
However, your eligibility depends on two important factors: your household income and the type of program you’re enrolled in.
Therefore if a prospective student has a job and their income combined with the total income of those they share a household with, exceeds R350 000 per year they will not qualify for the NSFAS bursary. However, if it is R350 000 or less they will qualify.
Some students find that their combined household income exceeds the threshold income but they still can’t afford to pay their fees. These students are labelled as the ‘missing middle’. However, NSFAS has responded and said that they are working with the government to look into how they can assist in providing funding to students who fall under those categories.
How Do I Apply for NSFAS If I’m Employed?
- Register on the myNSFAS portal: Create an account on the NSFAS online portal.
- Complete the online application form: Fill out the application form accurately, providing details about your personal information, academic history, and chosen field of study.
- Upload supporting documents: Submit certified copies (not older than 3 months) of the following documents:
- South African ID document (yours and your parents/guardians)
- Proof of income for yourself and everyone in your household (payslips, bank statements, etc.)
- Proof of residency (utility bills, lease agreement)
- Academic transcripts (if applicable)
- Submit your application: Once you’ve completed the form and uploaded all documents, submit your application electronically before the closing date. The deadline is usually in November for the following academic year.
- Check application status: Keep an eye on your application status through the myNSFAS portal. NSFAS might contact you for additional information or clarification.