Financial Assistance: Bursaries and Loans | Western Cape Government

Financial Assistance: Bursaries and Loans

Description:

Various forms of financial assistance for students and learners are available:

  • National Youth Development Agency
  • NSFAS Loans for Tertiary Education

National Youth Development Agency
 

A comprehensive database of bursary opportunities in higher education is available on the National Youth Development Agency youth portal.

The database is searchable by career category and includes information on eligibility criteria, closing dates for applications, contact details and conditions.

National Student Financial Aid Scheme
 

The National Student Financial Aid Scheme (NSFAS) offers loans to South African students wanting to study at public universities or universities of technology. Up to 40% of the loan can be written off if the student is academically successful enough.

You can apply for NSFAS assistance at a university or university of technology Financial Aid Bureau.

R500 million was transferred to the Scheme in 2002/2003, R470 million in 2003/2004 and R498 million in 2004/2005. NSFAS funding has grown to R8,5 billion in 2013. The amount fluctuates as it depends partly on other revenue available to the Scheme, including donor funds received, money repayable on study loans and interest on investments.

Provided by:
Government Body: (The Government of South Africa)
The content on this page was last updated on 24 June 2014