NSFAS extends application cycle by two weeks

The decision was made after the financial aid scheme's board met with student leaders on NSFAS's state of readiness for the start of the academic year.

"The meeting agreed that the NSFAS loan scheme will be opened on the 2nd of February 2024 and will also close on the 15th of February 2024. NSFAS bursary loan scheme is the first phase of the comprehensive student funding model,” said NFSAS spokesperson Ismael Mnisi on Thursday. 

Students who have already applied for funding need not submit new applications.

ALSO READ: Nzimande wants ‘speedy payment’ of outstanding NSFAS allowances

Mnisi said the scheme has received over 1.7 million applications for 2024.

"(A total of) 940 682 are provisionally funded,  269 915 are awaiting evaluations, 48 643 have been withdrawn by students, 232 509 are in progress and 136 531 applications are on the 'not started' status as applicants only created profiles and did not submit applications."