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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

Meet our Council: Ndaba Ntsele – Inspiring entrepreneurs

2016-04-19

Mr Ntsele
Photo: Stephen Collett

To call Mr Ndaba Ntsele just a businessman seems like a bit of an understatement. The Executive Chairman and co-founder of Pamodzi Group Limited lives and breathes business, entrepreneurship, and wealth creation. He is also a member of the Council of the University of the Free State (UFS) since September 2013.

His greatest passion is entrepreneurship, and sharing his ideas of self-employment with young (and old) South Africans. “I preach self-employment wherever I go. Everyone knows that unemployment is a major problem in our country. However, people often expect the government or big corporations to provide them with jobs. I like to influence people to start thinking about working for themselves, thereby creating opportunities for employing others,” he says.

His entrepreneurial drive extends even to his time on the UFS Council. Now in his second term, Mr Ntsele has been well placed to get a sense of the kind of contribution the university and its students could make to South Africa, and even further afield.

“In addition to training students for all the other important industries in South Africa, I think the UFS is ideally situated to create agricultural entrepreneurs. The Free State is one of South Africa’s prime agricultural areas, after all. Food security is an issue worldwide, and it is an area in which we could make a real contribution by training food producers, food technologists, and agricultural specialists. In fact, I think the UFS could become the leading agricultural institution in the country.”

Being the best is something that he strives for continually, while high standards are not something he shirks. In fact, he believes that Council members should hold an institution accountable for maintaining the highest standards possible, whether it is in governance, financials, procurement, or any other areas of importance in an institution.

As the executive chairman of a multi-billion African-owned group with assets across the globe, Mr Ntsele does not have a great deal of free time. However, he enjoys sitting down with MBA students and graduates to share his views about entrepreneurship.

“If I can change their mind-set from ‘others must employ me’ to ‘I need to create my own employment’, then I will feel as if I have accomplished something,” he says.

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