Once you have been awarded your NSFAS Bursary then dial *134*176# and enter your ID number to verify & authenticate your account. Your account password will be sent to you via sms. You will be able to access your account by dialing *134*176#.
How do I activate my NSFAS wallet online?
Here is how to register your account:
Dial *120*176# and follow the prompts to verify and confirm your account.On step 1, you will create your own password, which will give you access to the account. Once your account has been verified, you may access it by dialling *120*176# or by going to https://celbux.appspot.com.
Do I owe NSFAS money?
Repayments of your student loan are based on the salary that you earn, and start once your salary is R30 000 or more per year. The repayment amount starts at a calculation of 3% of your annual salary, increasing to a maximum of 8% when your salary reaches R59 300 or more per year.
How do I check my NSFAS online?
To check your NSFAS application status:
Log into your myNSFAS account portal.Enter your ID or username and password.Click the SIGN IN! button.Once you log into your account dashboard, click on Track Funding Progress to check your application status.If your application has been successful, Congrats!
How much is NSFAS monthly allowance?
Private residents – R25,200 paid monthly on an annual basis for accredited properties. Hostel accommodation – R33 000 per year. Annual NCV (Including PLP) – 10 payments per month.
What happens after activating NSFAS wallet?
NSFAS will send you a welcome SMS message and advise you to verify your account. Again, NSFAS will add that you should always make sure you have access to the cell phone number on you at all times. The one you used to create your account.
How can I transfer money from my NSFAS wallet to my bank account?
Transfer money from my NSFAS Wallet to a local bank account?
Dial the short code *120*176#Enter your password.Click Send.Select option 1. Cash Voucher and click Send.Enter the amount and click Send.Your newly created voucher will be displayed.
Can I withdraw NSFAS at Pick n Pay?
Celbux and NSFAS Wallet
Once you’ve received money into your Celbux Wallet, you can use it as payment for goods and services, or withdrawn as cash in any Pick n Pay store!
Do you pay NSFAS back 2021?
Do You Have to Payback the loan to NSFAS? Yes, the NSFAS loan will need to be repaid. The student borrows the money to cover the study costs. The loan only needs to be repaid after completing the qualification, upon leaving the University or College, found employment / in business, earning R30,000 or more annually.
How much do you pay NSFAS back?
The repayments will not be place a great burden as it is based on the salary of the person. 40% of the loan is considered a bursary if you pass all the courses that you were registered for in that year and so the other 60% of the loan needs to be repaid.
Will NSFAS fund me if I receive R350 Sassa?
This is a very popular question. The answer is yes, you will can still be approved for NSFAS and receive NSFAS money if you receive the R350 grant.
How do I check my 2021 NSFAS status?
If you would like to check the status of your 2021 / 2022 NSFAS application, please visit the NSFAS website. Click on MyNSFAS account and login with your ID and the password you created during your application.
Can NSFAS fund you twice?
NSFAS does fund postgraduate students. However, only select courses are funded. If the second qualification is a professional requirement for employment, then it will be funded.
Is NSFAS paying for November 2021?
Payment 8 – September: 30 September. Payment 9 – October: 28 October. Payment 10 – November: 30 November.
On which date does NSFAS pay?
The University of the Free States (UFS) has recently confirmed that they will receive the funds for NSFAS bursary allowances on Friday 8 April 2022. The National Student Financial Aid Scheme (NSFAS) confirmed in a circular this week that monies will be paid to universities on 8 April 2022.