The National Student Financial Aid Scheme (NSFAS) has confirmed the disbursement of R621 million in allowances to more than 200 000 TVET students for April 2026, but thousands of beneficiaries were excluded due to verification issues. The payment, made on 17 April, affects students across Technical and Vocational Education and Training colleges, many of whom rely on NSFAS funding for daily living expenses. While the bulk of payments were processed on time, the exclusion of approximately 12 000 students raises concerns about data accuracy and access to financial support during the academic term.
Browsing: NSFAS Updates
More than 100,000 TVET and university students risk losing financial aid in 2026 as the National Student Financial Aid Scheme (NSFAS) faces a funding shortfall nearing R14 billion. The crisis threatens to destabilize South Africa’s higher education system, with Gauteng’s major institutions expected to feel the impact first.
Learn how NSFAS uses SARS, credit bureaus, and other data to verify student funding eligibility in South Africa. Avoid errors and know your rights.
Wondering if NSFAS can pay your allowance into any bank account? Learn how NSFAS payments work, which accounts are allowed, and how to update your banking details.