NSFAS Increases Students Living Allowance By 10%
South African government program, NSFAS, helps students in need access to tertiary education by providing financial assistance. Applicants are eligible for a variety of financial assistance options, including bursaries and loans.
There have been a lot of updates and developments concerning NSFAS’s allowances for students in recent years. In this article, you will find all the latest NSFAS news about allowances
NSFAS Increases Students Living Allowance By 10%
Due to the fact that student allowances have not been increased for the past three years, this increase is considered a significant development.
Students will receive 10% more living allowance under the South African National Financial Aid Scheme (Nsfas).
Payouts will be backdated to the start of the academic year 2023, the scheme announced on Saturday.
A reduction in university accommodation funding and historical debt has led to protests by students at some universities.
Due to the fact that student allowances have not been increased for the past three years, this increase is considered a significant development.
You may enjoy reading Unisa NSFAS Allowances
Additionally, it removes the burden of disadvantaged students by acknowledging the impact of inflation on their livelihoods.
South African Union of Students submitted a proposal to the Minister that resulted in the increase, Nsfas said.
You may enjoy reading NSFAS Payment Schedule
