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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

Mercedes Benz invests in Tamie Mbombo’s company
2016-03-24

Description: Tamie Mbombo Tags: Tamie Mbombo

Tamie Mbombo means business: The Founder and CEO of Sollo Inc, the integrated marketing company endorsed recently by Mercedes Benz South Africa.
Photo:  Hannes Pieterse

A new Mercedes Benz 116 CDI Vito Tourer Pro, a financial injection of R85 000, and 12 months of media coverage by Mercedes Benz is what many Small to Medium Enterprises dream of. For Sollo Inc, that dream became a reality recently after the company won the Boost Your Business 2015 national competition.

In 2012, when Tamie Mbombo was an Investment and Management Banking student at the University of the Free State (UFS), he founded an integrated marketing company, and named it Sollo Inc. The company was launched at the IdeaStart Accelerator, a business incubator for UFS student entrepreneurs.

Four years later, on Friday 18 March 2016, Sollo Inc reached new heights when one of the world’s leading automobile manufacturers presented the Founder and CEO of Solo Inc with a Vito sponsorship at the Bloemfontein Campus.

In addition to serving corporates and the public sector, as part of its social enterprise aspect, Sollo Inc offers certain services free of charge to small businesses. “We capacitate start-ups with organisational skills and financial management as well as marketing education,” explained Mbombo.

Sollo Inc was selected as a winner based on the authentic story behind how Mbombo conducts business. “Mercedes Benz has invested quite a huge sum of money in print and digital media placements as platforms to give exposure to the story behind Sollo Inc,” said Adeesha Ramprith, Client Service Manager at Aqua Online,  Mercedes Benz’s digital marketing agency.

The IdeaStart Accelerator office has commended Mbombo as an example of how young entrepreneurs should keep their ears to the ground, and grab opportunities that might propel their businesses forward. “This is a great milestone for his business, mainly because of the challenges he has faced when it comes to mobility,” said Ayanda Makhanya, Student Entrepreneurship officer at IdeaStart Accelerator.

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