2022 Applications for the NSFAS Approves Almost 200 000 Bursary Applications Applications are Open 2022
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2022 Applications for the NSFAS Approves Almost 200 000 Bursary Applications Applications are Open 2022
Students still looking to apply for funding from the National Student Financial Scheme got to breathe a sigh of relief on Thursday. This was after NSFAS announced that they will extend the initial closing deadline to 21 January 2022.
However, the bursary scheme has made it abundantly clear that this is the very last that extension that applicants will receive.
To date, NSFAS has received more than 600 000 applications with over 80% being first-time applicants.
NSFAS spokesperson, Kagisho Mamabolo says that the decision to extend the deadline was taken by the NSFAS board following consultations with Higher Education Minister, Blade Nzimande.
He adds that the decision was prompted by a variety of reasons, which includes requested from various stakeholders who pointed out a number of challenges through the application process. Mamabolo adds that NSFAS also took into consideration that the release of the matric results will be much closer to the current deadline, which also puts NSFAS at an advantage in terms of processing applications.
The spokesperson also confirmed that they have so far approved more than 186 000 applications out of the ones they have received. These applicants have also received message notifications that they can go register at the university of their choice for free.
He adds that those that are yet to be approved still need to undergo NSFAS’s verification process to ensure that their household income meets the required eligibility criteria.
The number of applicants that have been declined is yet to be confirmed because NSFAS opts to allow applicants to submit any further required supporting documents as opposed to declining an application altogether.
NSFAS currently uses an online application system which allows for more rapid feedback.
The system is said to be more advantageous to applicants who receive a Sassa grant since government already does a needs criteria assessment prior to NSFAS processing the application.
For returning students, the outcome of their NSFAS application will be heavily dependent on their final results from last year. NSFAS has also stated that applicants with permanent residence in South Africa are also eligible to apply for funding provided they have an I.D number.