Applications and Funding process

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1. Who can apply•only South African citizens, and not permanent

residents

• Who have no other means to pay for their own fees

• who have demonstrated academic potential to

complete their certificate/diploma within the minimum

time

• or are on track to complete within N+2

• who are seeking their first opportunity to access

higher education.

2

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2. How to apply?

•Online-through the NSFAS website

•Manually• e-mail application to apply@nsfas.org.za

• Post: Private Bag X1, Plumstead 7801,

South Africa

• Hand-deliver to NSFAS Offices in Wynberg,

Cape Town

• Submit to the institution.

3

Old Application Process

Receives allocation

Receives upfront

payment

Awards loans

Pays allowances

Submits claim to NSFAS

Checks claim

Pays claim

NSFAS Institution

• Model places heavy reliance on Institutions

• These funds are allocated to institutions based on allocation formula.

• Institutions accept loan applications on behalf of NSFAS – loan value determined by NSFAS means test.

• Upon request NSFAS pays an upfront amount for use for registration and allowances.

• Institutions then pay allowances directly to students.

• Paper claims are then submitted to NSFAS for checking.

• NSFAS then pays institutions directly.

What is changing?

The process of applying for financial assistance through NSFAS

through multiple platforms – online, paper, mobile – only once

(Bursaries)

Our ability to track

and keep in

contact with

students from time

of origination

Disbursement

process for

fees and

allowances

The process of

signing for

bursaries

Student

Experience

What is changing ?

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Applications Options

Processing

Loans & Bursary

Operations

Online

Fax/Email

Posted

Application Results to Students

TVET’s

Information exchange between

NSFAS & Institutions

Student applies online –

and other channels

Ranked after results and

provisionally funded

Registration

Signs online Loan

Agreement/Schedule of Particulars

Allowances paid within 48 hours

Confirm returning student

listing – no application required

Ranked after results and

provisionally funded

RegistrationAllowances paid within 48 hours

New model:

• Student Centred

• Allocations managed by

NSFAS

• Student knows funding

status before registration

• Apply once only for a

course of study

New Applications

Returning Students

New student-centred funding model

Exec Coaching

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Staff sessions

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BUILDING

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ETHOSSMF

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3. Applications Process

8

Start Capturing

Evaluation

Ranking

Provisional funding

Application reject

End

End

If No Errros

IF Not Deserving

IF Deserving

If Errors

Exec Coaching

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Staff sessions

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ETHOSSMF

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NCOs

Capturing

•Manual applications captured into the system

•Attaching supporting documents

• Student ID, Parents and siblings IDs, proof of income,

Affidavit (where applicable), etc.

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Evaluation

10

Checking all data is accurate and all

supporting documents are attached.

Requesting any missing documents

from the student.

Exec Coaching

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BUILDING

A TEAM

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Ranking

•Academic eligibility- results

•Financial Eligibility

• Means test

• EFC

11

From application to making the funding decision

Academic

eligibility

Financial

eligibilityRegistration Origination

Grade 12 learners who

receive Bachelors pass

- Students need to

meet the TVET College

academic admission

requirements

Students may be

means-test waived

(quintiles and/or

SASSA grant

status) or means-

tested

Determine EFC

Once advised of their

provisional funding

status, students MUST

register at the College

BEFORE they will be

able to access loan

funding

Grade 10-12

learners

registered at

TVETs and

applying for

NSFAS

Funded

NSFAS

students

4. SOP

13

NSFAS Communicates funding decision to

Institutions & Students

Institution allows student to register

Institution uploads registration (web services/Portal)

Institution sends registration costs to

NSFAS (Portal/Integration)

LAF/SOP Generated and notification sent to student to

sign online

Student signs online Loan/Bursary is created*sBux account is created

Disbursements start

InstitutionsBux

Allowances pocket for students

Students receive Money for

allowances in a form of a voucher

Student-centred allowance payment system - sBux

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Student checks

voucher number by

dialling *134*176# and

will see amount

available for

accommodation/food

Student provides voucher

number to merchant

Merchant enters

number into POS

(till)

sBux

Voucher is checked

(is number valid?

sufficient funds?)

and merchant account is credited

Merchant receives confirmation of the

successful transaction and the student

receives a new voucher for the change.

Student registers

and has signed

SOP