Vhembe TVET College Nsfas Application 2023/2024

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We are aware at mytopschools.com that Vhembe TVET College Nsfas Application 2023/2024 is been searched by several aspirants wanting to further their education after high school in South Africa

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.

The Tertiary Education Fund of South Africa (TEFSA) was replaced by the National Student Financial Aid Scheme in 1996. From its inception until 2000, the TEFSA program was a non-profit entity that managed and regulated NSFAS. TEFSA was renamed NSFAS in 1999 as it was transformed into a legal entity.

The National Student Financial Aid Scheme (NSFAS) is a South African government student financial aid program that provides financial assistance to needy college students to help them pay for their tertiary education after they finish secondary school. The Department of Higher Education and Training funds it.

The TVET College sector is playing an increasingly important role in providing the intermediate to higher-level skills needed to support economic growth and development, and the Vhembe TVET College is confident that these bursaries will help with that. The bursary applications will be evaluated using a strict NSFAS-controlled procedure.

Who is eligible for the NSFAS?

An applicant must be a South African citizen currently enrolled or planning to enroll in a public university or TVET college.
The combined household income of the applicants must not exceed R350 000 per year.
The applicant’s annual household income must not exceed R122 000.
Persons with disabilities must have a combined household income of no more than R600 000 per year.

Nsfas Opening Date for New Applicants

Nsfas Online Application Opens from the 1st of September and closes on November 30, 2022

What is Covered by The Bursary:

The tuition fee for the specific program that the student is registered for; these fees vary based on the field of study (e.g. engineering; medical; art; history, etc.) and the institution to which the student is admitted. And based on qualifying, subsidized housing and living expenses, including food. The bursary money is for the duration of your studies and does not have to be paid back.