WATCH: The NSFAS allowances for college students
Watch news in a minute: In 2024 students funded by the NSFAS at TVET colleges will receive a R10 000 monthly allowance.
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Students at TVET Colleges will receive an increased living allowance of R10 000. In contrast, university students funded by the National Financial Aid Scheme (NSFAS) will continue to get a monthly living allowance of R1650 in 2024. During a briefing earlier this month, Higher Education Minister Blade Nzimande said of its financial reserves, NSFAS will pay R1 billion to TVET [Technical Vocational Education and Training] colleges and R3.2 billion to universities. In 2024, the living allowance will be R16 500 for university students, including R3 045 personal care allowance and R13 455 meal allowance per year.
CLICK HERE TO READ FULL ARTICLE: CONFIRMED: The NSFAS allowances for the 2024 academic year
NEWS IN A MINUTE ON: NSFAS ALLOWANCES FOR COLLEGES STUDENTS
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