NSFAS has made it clear that beneficiaries were receiving allowances during 2022 and will continue to pay allowances in 2022 even though funds are currently constrained.
NSFAS has stated, “Although the available funding at NSFAS is severely constrained, we will continue to provide living allowances to those students who qualify for the period of the extended academic year”.
Usually, NSFAS will have a late applications period but along with saying that allowances will continue to be paid, the Minister also announced that NSFAS will not reopen their application system. This he said is due to the financial aid scheme having received an overwhelming number of applications already.
Nzimande said, “Given the high numbers of applications received for NSFAS, funding late applications will not be accepted in 2022.”