Latest news on NSFAS today – The National Student Financial Aid Scheme (NSFAS) has received information that some scammers have tried to evade the law by attempting to trap individuals applying for NSFAS funding for the 2023 academic year.

Minister of Higher Education Blade Nzimande announced that the National Student Financial Aid Scheme’s (Nsfas) funding application window for the 2023 academic year opened on 28 September 2022.

The National Student Financial Aid Scheme (NSFAS) has been upgraded and improved.  Its application system has been simplified, making it easier for applicants. There is a scam that is targeting TVET Colleges in South Africa, this fake Nsfas application website has been found online and it is obviously not real.

NSFAS warned students in a statement which read, “Do not click on any link asking you to recreate your myNSFAS account and remember to never share your personal details with anyone.“

Be on the lookout for fake Nsfas websites popping up. There is a recent scam making the rounds in various social media channels that looks to be a legitimate Nsfas website but is not. If you click on this post, you will be redirected to a malicious website.”

TransUnion revealed that with your ID number, someone can easily open store accounts and agree to significant debt in your name.

There are some fake MyNsfas portals on the internet, and some of them may have been created by hackers to steal your personal information. After careful consideration, Nsfas has decided to make changes to its online application process in order to streamline the service delivery process and reduce fraud.

Scammers are always on alert for the latest news and events. They use this information to devise a plan to trick you into giving out your personal information. Students have also been advised to follow communication that is published or posted on Nsfas’ official communication platforms.