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06 April 2022 | Story Lacea Loader
NSFAS

The National Student Financial Aid Scheme (NSFAS) confirmed in a circular this week that monies will be paid to universities on 8 April 2022.

This will be the first payment that the University of the Free State (UFS) receives from NSFAS this year, as per the media statement by the Minister of Higher Education, Science and Innovation, Dr Blade Nzimande.

So far this year, the UFS management has made several concessions to students to alleviate their financial pressure while waiting for their NSFAS subsidies to be released.

This week, the university management – through active engagements and input from the Institutional Student Representative Council (ISRC) – agreed on the following process for book and meal allowances to be transferred to students’ bank accounts at the earliest possible opportunity:

  1. As in the past, the services of Fundi will be used to pay the allowances to students.
  2. Fundi will inform the recipients of monies received for them.
  3. After the banking details of students have been validated, monies are transferred to a student’s bank account. Fundi will inform students whose banking details are incorrect to rectify it on the Fundi website.
  4. Students who have not received payments before, will be requested to upload their banking details on the Fundi website, after which payment will be made.

It is anticipated that students whose bank accounts are with Standard Bank will receive notice of the payment of their allowance as soon as Friday, 8 April 2022.

Students banking with other banks will receive their payments subject to the inter-banking money transfer policies of the different banks, but not later than two business days after payment.

What students must do:

  1. Ensure that you upload the correct banking details.
  2. Upload your OWN banking details, not the banking details of friends or family.
  3. Ensure that your cellphone number is correct and active on PeopleSoft.
  4. Respond as quickly as possible to SMSes received from Fundi.

The university management would like to thank the majority of students for their patience during this difficult time while waiting for the NSFAS subsidies to be released.


Released by:
Lacea Loader (Director: Communication and Marketing)
Telephone: +27 51 401 2584 | +27 83 645 2454
Email: news@ufs.ac.za | loaderl@ufs.ac.za

News Archive

Students walk away with Dell laptops, courtesy of Eduloan
2009-10-05

 
Owning a laptop is one of the key necessities for any student offering the flexibility and opportunity to work on and submit assignments, complete projects and conduct research timeously and from the comfort of their own home. Four lucky winners will now experience this convenience, thanks to Eduloan and their recently concluded Win-a-Laptop promotion. Students were afforded the opportunity to qualify for the draw if they submitted their loan applications between 13 July and 28 August 2009. The promotion was enhanced by experiential activations on campus and supplemented by weekly spot prize draws. The lucky winner from the University of the Free State was Mr Phillip Diba. He requested a loan for his son Andile Diba, studying Agricultural Management at the UFS. The remaining three lucky winners, drawn on 4 September 2009, are Ms Winnie Ntombomzi Jozi, Mr Gideon Ideon and Mr Thabiso James Nqola. Pictured are the Diba family receiving the laptop from Dr Mariette de Chavonnes Vrugt (Eduloan Operational and Sales Manager in the Free State and North West).
Photo: Supplied

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