How much is NSFAS allowance for 2022 per month at Unisa?
How much is NSFAS allowance for 2022?
The amount of NSFAS you will receive depends on your household income and the number of people in your household. The amount of NSFAS per month for the year 2022 is as follows: Maximum allowance – R9,500 Minimum allowance – R2,500
Amount of NSFAS allowance per month
Based on the information above, the monthly amount of NSFAS will be as follows: Maximum allowance – R9,500 Minimum allowance – R2,500
What does the NSFAS cover?
The NSFAS covers your tuition, all your other study-related costs and a monthly living allowance. The specific amounts of each of these allowances is set by the Department of Higher Education and Training. For tuition and registration fees, the maximum amount for the academic year 2022 is R9,000. The NSFAS does not cover registration fees for your elective modules (courses taken in addition to your degree).
How to apply for your installments and accommodation allowance?
If you qualify for NSFAS, you will receive monthly installments from the Department of Higher Education and Training. Once you have submitted your registration form, you can proceed to apply for the NSFAS. The NSFAS installment payment is based on the number of months left in the academic year. Therefore, if you apply in August, they will calculate the number of months left in the academic year and pay you accordingly. The amount of NSFAS per month will be paid directly to the Student Financial Office at Unisa where you will then apply for your monthly installments. For the accommodation allowance, you will need to contact the Unisa Student Financial Office and inform them that you have been approved for the NSFAS. The Student Financial Office will then book you a room at the Unisa Residence.
Tips to save money while studying at Unisa
– Try to work part-time: Working part-time during your studies can be a great way to earn extra cash. You can use this money to cover your living expenses such as groceries, transport and utility bills.
– Avoid impulsive spending: Avoid impulsive spending. It is easy to get carried away when you have access to a lot of money.
