nsfas wallet 2023-2024

nsfas wallet 2023-2024

nsfas wallet 

About NSFAS Wallet

The National Student Financial Aid Scheme (NSFAS) Wallet allows you to withdraw cash and/or spend at any merchant registered by NSFAS. Your allowance amounts are determined through consultation with institutions, communicated to NSFAS when you register for assistance.

NSFAS Wallet

• When your NSFAS Wallet account is created by NSFAS, you will get a “Welcome” SMS advising you to verify your account.
• Please ensure at all times that, you have total access to the cell phone number you gave to NSFAS upon application, as this is the number we will use to deposit your funds.
• Should you want to withdraw cash, you may do so at any of our cash withdrawal merchants, Checkers, Boxer, U-Save and select Spar stores. Kindly note that, these stores have daily cash withdrawal limits from R200 – R1000 per day.
• Please that not that, spending at a registered store has no limit i.e. you can spend up to the maximum value of your cash wallet.

Read also nsfas student account

What you will need to receive your NSFAS allowances via NSFAS Wallet?

• Your own cell phone and valid SIM card
  • You must sign your NSFAS Bursary Agreement if you are a new student to NSFAS
  • You will not need to withdraw cash to pay your landlord or any registered merchant.

Please note that only students studying at the following institutions get their allowances through NSFAS Wallet: