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tvet college How Much Is Nsfas Allowance Per Month

How Much Is Nsfas Allowance Per Month

Posted on August 18, 2023 by Edutymes


NSFAS (National Student Financial Aid Scheme) provides allowances to students for various needs, such as food, personal care, transport, and books. The specific amounts can vary based on several factors, including the institution, the type of accommodation, and the particular needs of the student.

UNIVERSITY

  • Accommodation: amount is the actual cost charged by the university. If private, the cost must not exceed costs for university residence.
  • Transport: R7 875 per year (up to 40 km from the institution)
  • Living allowance: R15 750 per year
  • Book allowance: R5 460 per year (only applies at universities)
  • Personal Care allowance: R3 045 per year

TVET 

  • Accommodation:
    • TVET college own catered residence – R54 045 per year
    • TVET college managed own and leased self-catered accommodation – maximum of R45 000 per year and R6 000 per year living allowance paid to the TVET college
    • private accommodation – R45 000 per year
  • Transport: R7 718 (up to 10 km from the institution)
  • Personal Care allowance: R3 045 per year
  • Living allowance: R6 000 per year

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