This article contains information on the National Student Financial Aid Scheme (NSFAS) 2022 allowance updates for Tshwane University of Technology (TUT) students. It contains the schedule, categories of people to receive the allowances and the method of payment.
We have noted the appeals from student leaders regarding the release of the 2022 NSFAS allowances. NSFAS had advised the University that they would only pay the allowances from April 2022. We have taken into consideration the pressing needs of our students, as such the University has made the decision to release student allowances.
We are pleased to announce that the release of NSFAS allowances will commence from the week of 7 March 2022.
It is important to note that the National Student Funding Aid Scheme policy stipulates that all qualifying students must be given their allowances as per the eligibility criteria document.
NSFAS ALLOWANCE AND PAYMENTS DATES FOR TUT STUDENTS
Please take note of the following important information on allowances:
1. Living allowance
- All students already confirmed for NSFAS funding and registered for legible courses will receive their allowances from the week of 7 March 2022.
- An allowance of R15 000 per annum will be split into 10 months. This will make up a value of R1500 per month to be released on the first day of each month.
- Once uploaded onto the system, students will receive a sms to update their banking details on the FUNDI system.
- The living allowance amount will be transferred to the students’ individual bank accounts.
2. Learning material
- Returning students who were funded in 2021 and confirmed for 2022 will automatically receive their learning material
- First time entering students and returning students not funded in 2021 will have to complete an option form before learning material allowance is This is to comply with the guideline saying ‘A student who is receiving financial aid from NSFAS for the first time is required to purchase a digital learning device in that year of study if the student is not in possession of a digital learning device already’.
- The form will be available on the TUT website (www .ac .za) and at Financial Aid Offices (FAO) across campuses, for completion by this group. Students may email the form back to the campus where they registered using the email addresses provided below.
- An amount of R5200 for learning material is approved by NSFAS for the 2022 academic year.
The closing date for submission of the learning material application form will be 31 March 2022.
Don’t miss out on current updates, kindly like us on Facebook & follow us on Follow @Eafinder OR leave a comment below for further inquiries.