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31 August 2018
Application for 2019 NSFAS funding now open

Government has set up the National Student Financial Aid Scheme (NSFAS) to provide students with financial assistance to cover the cost for registration and tuition and to provide them with allowances for books, food, transport, and accommodation.

Students may apply if they comply with the following criteria:

• You are a South African citizen with a household income of R350 000 or less, you are registered at this institution, and have not been approved for NSFAS funding in 2018
• You are a South African citizen with a household income of R350 000 or less, you are registered at this institution, but have not applied for NSFAS funding before
• You are a South African citizen with a household income of R350 000 or less and you plan to study at a public university or TVET College in 2019 and require funding

Make sure that you have certified and valid copies of the following documents before attempting to apply for funding:

• Your South African identity document/card (or an unabridged birth certificate (if you are younger than 16 years old)
• ID of parents and/or guardian (or death certificate where applicable)
• Pay advice/letter of employment/pension advice stating income (SASSA slips are not required and SASSA should not be included as household income)
A completed and signed consent form must be filled in with your parent’s/guardian’s signatures. Applications without a consent form signed by all people whose incomes have been declared in the application will not be accepted and will be considered incomplete
• If you have a disability, please download the Disability Annexure A, complete it, and submit it with your application

NB: The stamp on all certified documents should not be older than three months

PLEASE NOTE – YOUR APPLICATION WILL NOT BE CONSIDERED IF:
You have already applied for 2019 on www.nsfas.org.za and have an application reference number.

You already have NSFAS funding for 2018.

You already have an undergraduate degree/diploma or postgraduate degree other than the postgraduate qualifications listed below, which you may apply for: 

• BTech – Architecture/Architectural Technology 
• BTech – Engineering (all disciplines), Cartography, Forestry
• BTech – Biokinetics, Biomedical Technology, Biotechnology
• BTech – Chiropractic, Homoeopathy, all Nursing
• BTech – Clinical or Dental Technology, Emergency Medical Care
• Postgraduate Certificate in Education
• Postgraduate Diploma in Accounting
• LLB
 
Applicants may make use of the computer lab on campus to apply and may also contact the Financial Aid office on campus for assistance with their 2019 applications.

You may call the NSFAS Contact Centre on 08 000 67327

News Archive

UFS and BMF present a crash course on Financial Literacy for Young Entrepreneurs
2017-08-23

 Description: UFS and BMF present a crash course on Financial Literacy  Tags: UFS and BMF present a crash course on Financial Literacy

Starting a business, big or small, can be a really difficult task – especially if you are not equipped with the basic business knowledge to help you kick-start this project.

For this reason, the University of the Free State (UFS), in collaboration with the Black Management Forum (BMF), held a Financial Literacy Workshop for Young Entrepreneurs on the Bloemfontein Campus early last week to assist in this regard.

Young entrepreneurs equipped with business knowledge for start-ups
The purpose of the workshop, which was presented by Francois Marais and Eduard Loots from Riskflow, was to equip young entrepreneurs with knowledge and skills to assist them in the business world. The main focus was on training start-up businesses to prepare business plans, and training was given to researchers, developers, and innovators on how to commercialise their inventions.

Ansie Barnard, Senior Officer in the UFS Business School, says since the involvement of the school in entrepreneurship development over the past few years, they came to the realisation that many of these new businesses tend to fail within a year because they do not have a suitable financial model.

“This is the reason why we utilised Riskflow Financial Modelling Software, since it does all the accounting calculations on their behalf,” says Barnard.

Introduction to basic business banking
In addition to this, the participants were introduced to the basics of business banking, with Standard Bank and the Industrial Development Corporation (IDC) as the guest presenters providing them with this information.

BMF’s Rozanne Brown says that many of these young entrepreneurs have the desire to succeed in business; therefore there is a need for this type of workshop.

BMF and the UFS Business School will look into hosting more entrepreneurial workshops in the future,” says Brown. All attendees of the workshop will receive certificates for their participation.

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