NSFAS application cycle to close on Wednesday
Pupils from the Class of 2023 and students who need funding assistance to further their studies have until Wednesday to submit their applications for 2024 funding
The closing date for applications comes as the National Student Financial Aid Scheme is still settling outstanding tuition fees from 2023.
Several universities, including the University of Johannesburg (UJ), have confirmed they are still waiting for NSFAS to pay their outstanding fees.
Universities have been urged not to refuse students an opportunity to register due to the late payments from the financial aid scheme.
READ: UJ says NSFAS payment delays won’t impact students
Most South African students rely on NSFAS to fund their tuition fees at tertiary institutions nationwide.
For the 2024 academic year alone, NSFAS received over one million applications, with additional applications expected before the application cycle closes on Wednesday.
NSFAS spokesperson Ishmael Mnisi says they are working with institutions to settle the outstanding fees.
"The process is aimed at resolving issues that affect students' funding status and payments relating to prior academic periods in TVET colleges and universities.
"NSFAS has been working closely with all the institutions and can confirm that reconciliation has been completed for the academic years 2017 to 2022.
"Draft agreements owed to NSFAS and institutions have been sent out to institutions, and some institutions have already signed the agreements. Through this process, NSFAS has recovered approximately R600 million, and this process excludes recoveries by the Special Investigation Unit (SIU).
Approximately R1.7 billion has been paid to universities for the 2023 academic year.
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