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14 August 2020 | Story Amanda Tongha | Photo NSFAS

Applications for the National Student Financial Aid Scheme (NSFAS) 2021 are now open.  

The NSFAS application cycle will run for a period of four months starting from 3 August to 30 November 2020. 

NSFAS applications are open to students from poor and working-class backgrounds who wish to further their studies at any public Technical and Vocational Education and Training (TVET) college or university. To qualify for NSFAS funding, the applicant must be a South African citizen; come from a family with a combined annual household income of not more than R350 000; for students with a disability, a combined annual household income of not more than R600 000. 

Applications for 2021 funding will be completed online via the myNSFAS portal as per previous years. 

New applicants need a copy of their ID or birth certificate to register and create a myNSFAS account or profile on the myNSFAS portal. Applicants with existing accounts must log on to their accounts to complete an application. Applicants are not allowed to create more than one profile on the portal. The applicant will be required to give consent to NSFAS to verify their personal information with third parties and will not be able to create a profile without giving this consent. This feature allows NSFAS to conduct a three-step verification process with the Department of Home Affairs (DHA), where an ID number will be linked to the name and surname of the applicant and the parents' details. 

In response to the status quo due to the COVID-19 pandemic, applicants will not be required to submit or upload the consent form; however, they will have to grant consent electronically during the application process, along with accepting the terms and conditions for funding. 

Applicants will, however, still be required to submit their supporting documents, comprising a copy of own ID; parents’/guardian's proof of income; copies of parents’/guardian's ID; and/or Annexure A for applicants with disabilities. 

Qualifying students are urged to make use of this opportunity and apply for funding in time. 

 
 

News Archive

UFS's CFPL talks about investments at convention
2009-09-29

 

At the convention were, from the left: Mr Percy Manduzi, legal advisor at Old Mutual and committee member of FPI Free State, Mr Swanepoel, Mr Botha, Mr Jonker, and Ms Shirly Hyland from the Department of Mercantile Law at the UFS and FPI Free State Committee Member.

The Centre for Financial Planning Law (CFPL) at the University of the Free State (UFS) recently hosted a mini-convention in association with the Financial Planning Institute of Southern Africa under the chairmanship of Mr Wimpie Jonker. Mr Jonker is also an independent financial advisor for Sanlam.

The convention commenced with a presentation by the well-known radio personality from Radio Sonder Grense (RSG), Mr Theo Vorster. He spoke about investments in the current economic situation. A highlight on Day Two of the convention was a motivational talk by Mr Anton Swanepoel from Amnity Wealth on compliance and ethics. Mr Swanepoel is a renowned author in the financial services industry.

Mr Marius Botha, also a renowned author and independent trainer, brought the audience up to date on all the amendments to the taxation of retirement lump sum benefits. The convention was attended by more than 40 delegates from as far as Upington.

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