Durban University of Technology DUT NSFAS Application 2023/2024

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Are you in need of financial assistance to study at a tertiary institution? Apply for a National Student Financial Aid Scheme (NSFAS) bursary.

The National Student Financial Aid Scheme (NSFAS) is a South African government student financial aid scheme which provides financial aid to undergraduate students to help pay for the cost of their tertiary education after finishing high school.

It is funded by the Department of Higher Education and Training.

The program also manages bursaries such as the Funza Lushaka Teacher Bursary (for students pursuing a teaching qualification), DHET Disability Bursary and other bursaries from the Sector Education and Training Authorities (SETAs)

NSFAS is a bursary scheme funded by the Department of Higher Education and Training for those who do not have the financial means to fund their studies and cannot access bank funding, study loans or bursaries.

Note:

NSFAS financial support previously was in the form of loans and still need to be paid back when you find employment after completion of your studies. If you passed all your subjects, 40% of the NSFAS funding for that particular year/semester was converted into a bursary. This means you will only pay back 60% of the loan when you start working

Durban University of Technology (DUT) is the main choice for higher education in KwaZulu-Natal, with roughly 33 000 students (KZN). It’s situated between the lovely cities of Durban and Pietermaritzburg (PMB). It prioritizes the quality of teaching and learning as a University of Technology by ensuring that its academic staff has the greatest available qualifications.

In April 2002, two famous technikons, ML Sultan and Technikon Natal, merged to form the Durban University of Technology. It was once known as the Durban Institute of Technical until being renamed the Durban University of Technology to match the rest of the universities of technology.

DUT is a multi-campus university of technology that is at the forefront of higher education, technological training, research, and innovation. It is a member of the International Association of Universities. In line with DUT’s ENVISION 2030 goal, the university wants its people (staff, students, and others) to be entrepreneurial and innovative.

DUT was recognized among the Top 500 Universities in the world in 2020, with a global ranking of 10th for citations and a national ranking of 5th.

Accounting and Informatics, Applied Sciences, Management Sciences, Engineering, and the Built Environment, Health Sciences, and Arts and Design are the six faculties at DUT.

About NSFAS Application for Durban University of Technology

Financial aid is a sort of assistance based on approved study expenses. Each year, the Department of Higher Education and Training’s National Bursary Rules and Guidelines define the maximum amount of money that can be spent on education.

NSFAS will distribute resources to qualified students primarily on their permitted cost of attendance; this does not include club and society coverage or fines.

To see if their application has been approved, applicants must go to the MyNSFAS webpage. NSFAS will notify universities about new and returning students’ funding eligibility.

Qualified students’ registration (cost of study) fees will be reimbursed to NSFAS after registration. After receiving and processing registration cost data, NSFAS will certify the actual funding amount.

It’s important to remember that NSFAS has no idea what program of study an applicant has chosen until registration data is received. Even if a student is eligible for financial aid, he or she may choose to enroll in an unfunded course. NSFAS will not process or issue any funding in this case. As a result, it is the obligation of the applicant to get familiar with the list of NSFAS-funded programs (available on their website).

Eligibility

Should be a South African citizen or permanent resident with a bachelor’s degree at a minimum.
monetary eligibility
If the student has previously been registered at a tertiary institution, and the number of years of registration, the N+1 rule should be applied.