nsfas loan agreement 2023-2024
nsfas loan agreement
Applicants can download
What does the NSFAS bursary agreement entail?
After you’ve been approved for government assistance, you’ll need to sign a bursary agreement form, which you may do here.
The National Student Financial Aid Scheme (NSFAS) is in charge of awarding funding to students who meet certain criteria.
NSFAS will only enter into a formal agreement with students who have been accepted. The agency claims that selected pupils will not be paid until the agreement is signed.
how does this agreement work?
1. Submit a Funding Request
If you meet the NSFAS eligibility requirements, you must apply for financial help when it becomes available.
Online or paper applications are accepted. More information can be found here.
2. Be patient and wait for approval.
Because NSFAS receives a large number of applications each year, it may take some time for your application to be processed.
NSFAS will send you an email or SMS to confirm your beneficiary status once your application has been approved.
You will be directed to the NSFAS website to view your bursary agreement form after receiving this notification.
3. Sign the contract
Online agreements are signed.
To sign the agreement, you’ll need to use a one-time pin number to access into your NSFAS account.
Then you’ll be told to double-check your information on the agreement to make sure it’s correct.
After you’ve double-checked your information, check the ‘terms and conditions’ and ‘declaration’ boxes.
You will have finished the signup procedure once you have clicked yes to the terms and conditions.
Very useful links for applicants