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NSFAS News – As you are all aware, there has been issues related to the payment of NSFAS allowances such as illegal access to, possible payment of ghost beneficiaries, incorrect and duplicate payments.

To correct this situation, NSFAS worked on an alternative and secure plan which will see students receiving their allowances through a bank card.

NSFAS has embarked on a drive to move beneficiaries onto the new allowance payment method, with the plan of rolling it out to all beneficiaries in 2023.

NSFAS has partnered up with four banks to bring this solution to life:
• eZaga
• Tenetech
• Norraco
• Coinvest

Keep checking our social media pages to see where our partners will be, they might just be on their way to your campus! Check our platforms for more information!

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Struggling to register for a profile on the myNSFAS portal? Please check out these easy steps below:

This is how you register for a @myNSFAS account

1. Visit www.nsfas.org.za
2. Click on the myNSFAS tab at the top right of your screen
3. Fill in your personal details as they appear on your ldentity document
4. .Fill in your valid contact details (NSFAS will use this to communicate important updates regarding your application)
5. Accept terms and conditions by ticking on the box provided. This action is compulsory and will allow NSFAS to validate the information provided
6. Create a password to protect your account, confirm password then click on ‘CREATE
7. A message confirming your account creation will pop on the screen
8. Remember to always keep your personal details and passwords private to avoid identity theft or scammers accessing your profile.

Note: All individuals who want to either apply for NSFAS funding, update their personal details or track their existing application will need to create a myNSFAS account.

Applications will close on January 31, 2023.

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