National Student Financial Aid Scheme NSFAS National Credit Act

NSFAS National Credit Act

National Student Financial Aid Scheme NSFAS National Credit Act.

NSFAS is subject to the National Credit Act (NCA) (Act 34 of 2005), which requires all credit providers to register with the National Credit Regulator (NCR). The NCA prevails over all other legislation dealing with the provision of credit. NSFAS is registered as a credit provider under registration number NCRP 2655.

National Student Financial Aid Scheme NSFAS Value Proposition

NSFAS supports access to, and success in, higher education and training for students from poor and working-class families who would otherwise not be able to afford to study.

External values towards our students and stakeholders:

  • ACCESSIBILITY
    We create an environment that allows efficient, effective, and direct access to NSFAS and the funding it provides to eligible students.
  • TRANSPARENCY
    We are open and honest with all students and stakeholders.
  • AFFORDABILITY
    We offer affordable solutions for students to study at public universities and TVET colleges.
  • RELIABILITY
    We honor our commitments and strive to deliver on our mandate.
  • AUTHENTICITY
    We protect our students and stakeholders by offering quality services and information.

Internal values towards our employees and the organization:

  • INTEGRITY
    We act with integrity towards all stakeholders and support clients that uphold the same values.
  • ACCOUNTABILITY
    We take responsibility for our actions that drive performance management.
  • RESPECT
    We treat all our staff members with respect and fairness.
  • INNOVATION
    We strive to innovate in communicating with and serving students.

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