Nsfas Monthly Allowance 2026-2027

Nsfas Monthly Allowance 2026-2027

How to Manage Your NSFAS Monthly Allowance for 2026-2027:

The NSFAS Monthly Allowance is the financial support given by the National Student Financial Aid Scheme (NSFAS) to eligible South African students who receive funding for their studies. This allowance is given every month to cover various expenses such as accommodation, food, transport, and personal items. The amount of the monthly allowance depends on the type of institution the student is attending (public university or TVET college) and whether the student is living on campus, off-campus, or at home.

NSFAS beneficiaries can expect an annual living allowance of up to R16,500, which is designed to cover their personal care and meal expenses. The living allowance is broken down into R3,045 for personal care and R13,455 for meals. Additionally, students are eligible for an allowance of up to R5,460 per year for learning materials, such as books and other educational resources.

With these financial allowances, NSFAS aims to ensure that students can manage their educational and living costs effectively, making it easier for them to complete their studies without financial stress. Understanding the details of the NSFAS Monthly Allowance is important for students planning to apply for funding in 2026-2027. This article will go deeper into how these monthly payments work and what you need to know to manage your finances while studying.

Read: Nsfas Unisa Allowances 2026-2027

When Are The Nsfas Monthly Allowances Disbursed

Nsfas allowance payments are divided into ten equal installments each year. Below are the disbursement dates for Nsfas funds for both semester one and semester two:

The payment dates for the first semester are as follows:

• Cycle 1: Monday, 27 February 2025
• Cycle 2: Monday, 6 March 2025
• Cycle 3: Monday, 3 April 2025
• Cycle 4: Monday, 2 May 2025
• Cycle 5: Monday, 5 June 2025

For the second semester, the payment dates are:

• Cycle 6: Monday, 17 July 2025
• Cycle 7: Monday, 7 August 2025
• Cycle 8: Monday, 4 September 2025
• Cycle 9: Monday, 2 October 2025
• Cycle 10: Monday, 6 November 2025

How Much Is The Nsfas Monthly Allowance For 2026-2027

The following is how much you will receive as an eligible NSFAS student:

Students receive an annual living allowance of up to R16,500, which includes:

• R3,045 for personal care
• R13,455 for meals

Additionally, they are eligible for a learning material allowance of up to R5,460 per year.

• Students living with immediate family or relatives are not eligible for the accommodation allowance. Instead, they qualify for a travel allowance, determined by their institution, up to a maximum of R7,875 for 2024.

What Does The Nsfas Allowance Cover For University Students For 2026-2027

The Nsfas bursary covers the following for University eligible students:

• Accommodation (As per the actual costs charged by the university (costs for private accommodation must not exceed costs for university residence)
• Transport (up to 40 km from the institution) R7 500 per annum
• Living allowance R15, 000 per annum
• Book allowances R5200 per annum
• Incidental/personal care allowance of R2900 per annum for students in catered residences

What Does The Nsfas Allowance Cover For Tvet College Students For 2026-2027

The Nsfas bursary covers the following for Tvet College eligible students:

• Accommodation in an urban area is R24,000 per annum
• Accommodation in a peri-urban area is R18,900 per annum
• Accommodation in a rural area is R15,750 per annum
• Transport (up to 40 km from the institution) R7,350 per annum
• Transport R7000 per annum
• Incidental/personal care allowance R2900 per annum

MEDIA STATEMENT BY NSFAS ON DISBURSEMENT OF NSFAS FUNDS TO STUDENT

• TO ALL EDITORS/EDUCATION REPORTERS
• DATE: 09 APRIL 2024

NSFAS STATEMENT ON THE PAYMENT OF APRIL ALLOWANCES

The National Student Financial Aid Scheme (NSFAS) has processed the disbursements for University and TVET college students for the 2024 academic cycle. Payments were made based on valid registration records received: for TVET colleges on 15th March 2024 and for universities on 19th March 2024.

NSFAS would like to remind all institutions that the monthly payment date for TVET college allowances is the 25th of each month, while for universities, it is the 30th. Institutions are encouraged to submit their registration data on time to ensure that payments are initiated according to the NSFAS cut-off dates provided.

In the current payment cycle, NSFAS has disbursed a total of R2,306,583,222.00 in University allowances, broken down as follows:

• Tuition to universities: R1,258,865,972.00
• Allowances via universities: R653,954,716.00
• Direct payment to students: R393,762,534.00

How Can Tvet College Students Upload The Bank Details To Nsfas

Tvet College students are to follow the below steps to upload their bank details to Nsfas:

• Go to the myNSFAS portal.
• Log in with your myNSFAS username and password.
• Under “Profile Information,” select “Bank Account Details.”
• Enter your bank details.
• Click “Save” to complete the process.

Read Also: Apply For NSFAS 2026-2027

Contact Details Of Nsfas

• Toll-Free Number: 0800 067 327
• Email: info@nsfas.org.za
• Website: www.nsfas.org.za

Physical Address:

• The Halyard Building, 4 Christiaan Barnard Street,
• Cape Town City Centre, 8001,
• South Africa

The NSFAS Monthly Allowance for the 2026-2027 academic year plays a pivotal role in supporting South African students by covering essential living costs such as meals, accommodation, and personal care. With clear disbursement schedules and specific allowances for food, accommodation, and learning materials, NSFAS aims to ease the financial burden on students, allowing them to focus on their studies. Visit the Official Website Of Nsfas For More Details

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