Students from both poor and working-class backgrounds are eligible to benefit from the National Student Financial Aid Scheme (NSFAS) which provides bursaries to deserving applicants. Tuition costs and accommodation costs as well as providing students with book allowances, travel allowances, and meal allowances are some few things the NSFAS bursaries cover. But the question is will NSFAS fund students who are still working or have a job?
Despite Nsfas’ extensive scholarship, some students started working to supplement their lives and started activities they wanted to participate in outside academia.
Do students who have part-time job qualify for NSFAS funds?
According to Nsfas, students are allowed to hold jobs and participate in paid study programs and internships without affecting their funding situation. However, this is contingent on the student meeting academic standards and income not exceeding the household income threshold set by Nsfas.
“As long as you meet the academic criteria, and as long as your salary does not exceed annual household threshold, this does not affect your Nsfas funding”explained the scheme.
Nsfa’s academic requirements relate to the N+ rules. The N+2 rule means that a student has only N+2 years to complete his degree. “N” refers to the minimum number of years allotted to qualify.
So if she can get her degree in four years, Nsfas will fund her four years so that she can get her degree. Also, if you need to repeat certain subjects or modules, she will additionally fund you for 2 years.
However, students who are ineligible for the grant due to the N+ rule may still be considered for the grant if they can demonstrate that they have 60 or fewer coursework required to complete the qualification. A prerequisite is that the student has support from their educational institution.
To be eligible for Nsfas, a student’s total household income must be less than R350 000 per year. However, if the student lives with a disability, the total household income limit is R600 000 per year.
List Of Requirements Needed To Qualify For A Nsfas Bursary
- Be a South African citizen.
- Registered at any public university for the 2021 academic year.
- Have a combined household income of less than R350 000 per annum.
- Have a combined household income of less than R600 000 per annum for people living with disabilities.
- SASSA grant recipients automatically qualify based on their financial eligibility.
- Have a valid email address.
- Have your own valid cell phone number