How Many Years Can NSFAS Fund You
What is the length of time that NSFAS funds? The National Student Financial Aid Scheme (NSFAS) is a bursary that operates at a national level in South Africa, giving financial assistance to people pursuing university education (colleges, universities, and vocational courses).
Those who cannot afford such an education through other methods, such as traditional student loans or bank funding are eligible to apply for the NSFAS scholarship.
How many years does the National Student Financial Aid Program (NSFAS) finance a student?
For those who change their courses frequently and take longer than five years to finish their qualification, they will be required to pay for themselves until they graduate from college.
How Many Years Can NSFAS Fund You?
The National Student Financial Aid Scheme (NSFAS) can fund you for a maximum of five years, based on the availability of funding each year. This means that if you are enrolled in a course that takes longer than five years to complete, you will be responsible for your own tuition after the fifth year.
However, NSFAS does have an N+1 rule, which means that if you fail one year of your studies, you will be eligible for funding for an additional year. This means that you could potentially be funded for up to six years in total.
It is important to note that NSFAS does not fund postgraduate degrees or second qualifications. This means that if you want to study for a master’s degree or a PhD, you will need to find other funding sources.
Frequently Asked Questions
- Can NSFAS fund me for more than 5 years?
- What is the N+1 rule?
- Does NSFAS fund postgraduate degrees?
For more information on how long NSFAS can fund you, please visit the NSFAS website.