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2020 NSFAS Funding at Universities

04 March 2020

What does the bursary cover?

• Accommodation
• Transport (up to 40 km from institution)
• Meal allowance (including incidental allowance)
• Book allowance
• Registration
• Tuition
• Funded students with disabilities need to submit claims for assistive devices and human support directly to the university’s Centre for Universal Access and Disability Support (CUADS)/Financial Aid office.

Who qualifies for NSFAS allowances?

STUDENTS STAYING IN A RESIDENCE:
• Books up to a maximum of R5 200
• Actual accommodation cost
• Meals (including incidental allowance) up to a maximum of R15 000

STUDENTS LIVING OFF CAMPUS IN FAMILY ACCOMMODATION

• Books up to a maximum of R5 200
• Meals (including incidental allowance) up to a maximum of R15 000
• Transport up to a maximum of R7 500

STUDENTS LIVING OFF CAMPUS IN ACCREDITED and NON-ACCREDITED ACCOMMODATION:

• Books up to a maximum of R5 200
• Private accommodation amount to a maximum of R34 400
• Meals (including incidental allowance) up to a maximum of R15 000

DISTANCE-LEARNING STUDENTS:

• Books based on the number of modules registered, up to a maximum of R5 200

Please note that students who were registered for the first time at a tertiary institution before 2018 are subject to a maximum NSFAS amount for the year. The maximum NSFAS amount for 2020 is R93 400.
According to NSFAS policy, payments must be made in the following order of priority if your qualifying NSFAS costs exceed the maximum amount:
1. Tuition
2. Books
3. Accommodation
4. Meals
5. Transport
This means that the amount by which you exceeded the maximum NSFAS amount must be deducted from your allowances, starting with the transport and meal allowances. Therefore, you might not receive the full allowances.

How will NSFAS allowances be paid?

NSFAS allowances will be paid in cash to the student via the Fundi system. Once the allowances are debited to your student class-fee account, you will receive an SMS message from Fundi to upload your banking details. Fundi will confirm your banking details and payment will follow.

Please note that no payments will be made to a third party.
You only need to upload your banking details once. If you experience any problems with uploading your banking details, please contact Fundi at 086 055 5544.

When will I receive my NSFAS allowances?

NSFAS allowances will be paid during the first week of each month over a period of 10 months. Please note that due to several variables, a specific date for payment cannot be provided.

How do I apply for NSFAS private accommodation?

Please visit the UFS website for a complete guide:
Students
Financial Aid

When will I receive my private accommodation payment?

You must apply online for your private accommodation. It is compulsory to upload your rental agreement and proof of home address. If your private accommodation application is approved by the 25th of a month, you will receive payment from your move-in date up to date during the first week of the following month, and thereafter you will receive your monthly payments until November.

How will I know if my private accommodation application status has changed?

You will immediately receive an email on your ufs4life email address when your status changes.

What should I do if my private accommodation application is incomplete?

Please log in on your Student Self-Service. The reasons for your incomplete application will be listed under your private accommodation application. Please correct the application and resubmit. Please do not resubmit if the application was not corrected.
Please visit the website for clear explanations on the reasons for incomplete applications if you are unsure of what is expected of you.

Please note that no payment will be made before your private accommodation application is approved.

When is the closing date for NSFAS private accommodation applications?
The closing date for private accommodation applications is 11 September 2020. Please note that no extension will be granted.

News Archive

UFS hosts the 2017 SAIMS Conference

2017-09-21

The hosts of the 2017 SAIMS conference:
Dr Jacques Nel
(UFS:Business Management), Prof Francis Petersen
(UFS Rector and Vice-Chancellor),
Dr Werner Vermeulen (HOD of UFS: Business Management),
Dr Habofanwe Koloba (UFS: Business Management),
and Prof Hendri Kroukamp
(UFS: Dean of Economic and Management Sciences).
Photo: Supplied

The University of the Free State’s (UFS) Department of Business Management recently hosted the 29th South African Institute of Management Scientists (SAIMS) conference at Kopano Nokeng in Bloemfontein. This year’s theme, ‘Management Research: Science Serving Practice’ focused on the importance of sharing our results and making it relevant and usable to different communities.

Prof Petersen motivates researchers to become part of the business cycle
On the first day of the conference, the Rector and Vice-Chancellor of the UFS, Prof Francis Peterson, welcomed 148 delegates from 18 different institutions (academic and professional) to the City of Roses. He motivated them to keep on doing highly scholarly research by being part of the business cycles.

Prof Adré Schreuder, founder of Consulta (Pty) Ltd, was the keynote speaker of the conference. He highlighted four personas needed to further enhance and develop the science-practice alignment in market research and business. “The first skills persona is called a Social Media Maven, which is in line with the rapid growth of social media networks and the growing need for social media analytics. Then there is the Data Synthesiser that supports the growth trend in Big Data and Advanced analytics, which are both driven by technological innovation and the enormous volume of available data. The third one is Marketing Strategist, which has strong representation in brand and advertising research in our industry. Lastly, we have the ‘Business Consultant’ which aligns with the industry trends towards deeper insights and consultative skills required to move beyond mere reporting, but rather getting involved in the design and implementation of recommendations.”

Conference to collaborate academics and business
Dr Werner Vermeulen, SAIMS 2017 Conference Chair, says, “This conference will underpin the need for collaboration and cooperation of individuals from the academic environment and the business world itself.” He says the conference will also provide a wonderful forum to refresh knowledge and explore contemporary trends and future-based business research.

Delegates were also given the opportunity to dress up to the carnival theme and were entertained by a fire dancer and magician. They had the honour of indulging in two Kovsie-produced food products, the St Dairy organic cheese and exotic mushrooms by Mushroom House.

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