NSFAS Payment Schedule 2024
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 2024 NSFAS will hopefully pay students during the first week of every month. Following is the NSFAS payment schedule for 2024.
First Semester
Cycle 1 – Monday, 28 February 2024
Cycle 2 – Monday, 7 March 2024
Cycle 3 – Monday, 4 April 2024
Cycle 4 – Monday, 3 May 2024
Cycle 5 – Monday, 6 June 2024
Second Semester
Cycle 6 – Monday 18 July 2024
Cycle 7 – Monday 1 August 2024
Cycle 8 – Monday, 5 September 2024
Cycle 9 – Monday, 3 October 2024
Cycle 10 – Monday, 7 November 2024
NSFAS Allowance Increase 2024
The allowance for 2024 will not change. It will be the same as the previous year. So, all the messages related to NSFAS increasing allowances and adding car allowances are fake; there will be no increase in allowances.
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.