Over 1.4 Million NSFAS Applications Received as Application Deadline Approaches

Johan
3 Min Read

Over 1.4 Million NSFAS Applications Received as Application Deadline Approaches. Congratulations are in order for the 572,983 learners who recently achieved an 82.9% pass rate in the National Senior Certificate (NSC) exams for the grade 12 class of 2023. President Cyril Ramaphosa praised this achievement as a testament to the determination and ambition of the learners and a reflection of a nation that values its youth.

Matric Results and National Development

The president highlighted the Matric Class of 2023’s success as a source of pride and belief in the transformative power of education for national development. He emphasized that the matric results are a clear indicator of the country’s comprehensive development over the 30 years of freedom and democracy.

Quick Access to Matric Results

For those seeking quick access to matric results, the Department of Basic Education (DBE) provides an online system at DBE Matric Results, and matriculants in Gauteng can visit Gauteng Results Portal. Alternatively, results can be obtained by dialing 12045856# on a cell phone.

NSFAS Bursaries for Tertiary Education Funding

As many learners aspire to pursue tertiary education, financial constraints often hinder their goals. The National Student Financial Aid Scheme (NSFAS) provides comprehensive bursaries to students enrolled in approved courses at universities and Technical and Vocational Education and Training (TVET) colleges. The key criterion for NSFAS bursaries is a household income not exceeding R350,000.

Apply Before the Deadline

Students planning to study at a university or TVET college are encouraged to apply for NSFAS bursaries before the 2024 application deadline. Importantly, over 1.4 million NSFAS applications have been received to date, with an anticipation of nearly 1 million more. Applicants should also submit an NSFAS Consent Form as part of their application process.

NSFAS Student Loan Option

For individuals who may not qualify for an NSFAS bursary, a new NSFAS student loan option is being developed to assist students from missing middle backgrounds. Details on eligibility criteria and funding conditions for this loan scheme are underway, and the application process for the 2024 academic year will be communicated in due course.

Closing Date for NSFAS Bursary Applications

The deadline for NSFAS bursary applications is set for 31 January 2024. It is crucial for applicants to adhere to this deadline to ensure their eligibility for financial assistance in pursuing tertiary education.

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Johan stands out as a leading expert in the fields of social security, IRS regulations, stimulus checks, and the intricacies of the South African welfare systems, particularly SASSA (South African Social Security Agency) and NSFAS (National Student Financial Aid Scheme).