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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

Deputy Governor of SA Reserve Bank inspires students
2016-08-19

Description: Deputy Governor of SA Reserve Bank  Tags: Deputy Governor of SA Reserve Bank

Dr Lyndon du Plessis, Head of Department of Public
Administration and Management, Francois Groepe,
Deputy Governor of the South African Reserve Bank,
Prof Philippe Burger, Head of the
Department of Economics and B.Com Hons student,
Mosoeu Mabote.

Photo: Siobhan Canavan

Students from the Faculty of Economic and Management Sciences had the opportunity to learn from the best in the field when the Deputy Governor of the South African Reserve Bank, Francois Groepe, presented a seminar on the changing roles of central banks.

According to Groepe, we are currently living in challenging times as central banks are called on to do more.

“Central banks have limits, and these limits are not always understood,” he said on 11 August 2016 in the Equitas Auditorium on the Bloemfontein Campus.

How central banks contribute to inflation

There are two main generally-expected roles from central banks: the obvious one of providing bank notes and coins, and the other, maintaining price stability.

According to Groepe, the aim of keeping prices stable is to ensure easier planning for the future, and to assist the poor.

“The poor are the ones more vulnerable to higher inflation because they hardly have enough to get by,” he said.

A negative impact on monetary policies could affect the economy negatively. This is as a result of higher inflation caused by the increase in food prices.

Furthermore, the 12% government debt renders a negative yield in the economy.

The stability of finances in South Africa


Financial stability is not an end in itself, but, like price stability, is generally regarded as an important precondition for sustainable economic growth, development, and employment creation.

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