If you are selected for NSFAS, your payment schedule will soon start. All students do not receive the payments altogether, so wait for your turn. In 2023 NSFAS will hopefully pay students during the first week of every month. Following is the NSFAS payment schedule for 2023.
Cycle 1 – Monday, 28 February 2023
Cycle 2 – Monday, 7 March 2023
Cycle 3 – Monday, 4 April 2023
Cycle 4 – Monday, 3 May 2023
Cycle 5 – Monday, 6 June 2023
Cycle 6 – Monday 18 July 2023
Cycle 7 – Monday 1 August 2023
Cycle 8 – Monday, 5 September 2023
Cycle 9 – Monday, 3 October 2023
Cycle 10 – Monday, 7 November 2023
NSFAS Allowance Increase 2023
The allowance for 2023 will not change. It will be the same as the previous year. So, all the messages related to NSFAS increasing allowance and adding car allowance are fake; there will be no increase in the allowance.
Do Students’ Allowances Differ?
Students’ allowance depends on their institutions. NSFAS will pay whatever their tuition and registration fee is. So, students from different institutes will get different tuition and registration allowance amounts.
Similarly, your distance from the institute and your accommodation will determine the transport and accommodation allowance, which cannot be the same for all students. Overall, the NSFAS students’ allowance may vary from student to student.
Yes, NSFAS pays the allowance through monthly funds. So, students receive payments every month.