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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 academic serves again on Financial Planning Standards Board
2010-11-08

 Adv. Wessel Oosthuizen

 Adv. Wessel Oosthuizen from the Centre for Financial Planning at the University of the Free State (UFS) has been elected by the panel of directors of the Financial Planning Standards Board (FPSB) on the FPSBs Standards Committee for the second term. This appointment is for two years, effective from 1 January 2011.

Adv. Ooshuizen will be one of six persons who shall see to it that standards already promulgated for Certified Financial Planners are maintained and improved globally. “During the coming year we shall also see to it that already existing standards are still up to date,” said Adv. Oosthuizen.

Adv. Oosthuizen will also advise the committee on the development, implementation and administration of standards for the world-wide financial-planning profession.

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