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Loan And Grant

NSFAS Bursary Applications 2022: Disbursement Update

by myeduproject March 12, 2022
written by myeduproject March 12, 2022
2 comments FacebookTwitterPinterestLinkedinWhatsappTelegram

NSFAS Bursary Applications 2022: Disbursement Update

The National Student Financial Aid Scheme (NSFAS) is massively processing the disbursement of funds to awaiting students and applicants, in no distant time, fund processing will be concluded and massive disbursement would commence 

NSFAS has apologized in deep regrate, on the delay withness, students waiting for the fund are advised to exercise more patients, as they finalized the processing of applications

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In the midst of the delay, applicants are to note the meaning of some of the status in the application dashboard 

Application Submitted

It means, you have shown interest in NSAFAS and your request has been successfully accepted

Filtering

It differentiates returning students from other previous qualifications.

Validation

NSFAS is conducting third-party checks with SASSA and the Department of Home Affairs.

Evaluation

It evaluates and verifies documents submitted during your application.

Funding Eligibility

NSFAS is verifying your household financial status that was declared in your application.

Awaiting Academic Results/Admission

NSFAS checks Academic results and Institution admission status

Awaiting Registration

NSFAS is receiving data from your institution to enable them to create a bursary agreement.

Signing of Agreement

At this stage, you need to sign your bursary agreement so that NSFAS can disburse your allowances.

Payments

Your grants are now being paid either through the NSFAS mobile wallet system or through your institution.

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