National Student Financial Aid Scheme, NSFAS Banking Details 2024/2025 forUndergraduate, NCV, NATED, Diploma, Postgraduate, and Certificate programmes students.
This is to inform all the students of the banking details of NSFAS has been released and published for the 2024 academic session.
NSFAS Banking Details include account number, account name, branch, and branch code as well as the official NSFAS funding information.
Access the National Student Financial Aid Scheme banking details and learn about what payment methods are available for paying below.
NSFAS Banking Details
Your safety and the confidentiality of your information are of the utmost importance to us. Please be vigilant when making payments. We advise you to please be wary of scams and unregistered individuals who may reach out to you for the purpose of payment. We urge you ONLY to make use of the banking details provided to you at registration or below.
N/B: NSFAS will never ask you for personal information such as passwords, usernames, credit card details, or PIN codes. Use your ID number as a reference. Please make sure that you have read and understood the registration and application terms and conditions.
See Also: How to Create a MyNSFAS Account | Simple Steps
If you would like to do an EFT each month these are the NSFAS bank details.
- Name of Account: NSFAS
- Branch Code: 210554
- Bank: First National Bank
- Account Number: 500 600 28203
- Please use your ID Number (6711165000000) as a reference when making payments
RECOMMENDED: How to Update Your Phone Number on myNSFAS Portal
Should you bank with Standard Bank, Capitec, FNB or Absa, NSFAS is added as a predefined beneficiary and you can then just look for “NSFAS” in their list of beneficiaries.
The NSFAS Act enables any student to apply for a bursary from NSFAS but allows the board to impose conditions, generally, or in respect of a particular loan or bursary. Such conditions include the use of the means test and the loan conversion of up to 40 per cent of any loan as an incentive for academic success.
It provides for payment by NSFAS of the amount of the loan or bursary “to the designated higher education institution”, rather than to the applicant. It also allows NSFAS to enter into what is in effect an agency agreement with higher education institutions (HEIs) or further education and training (FET) colleges.
See Also: NSFAS Funding 2024 | All Information You Need is Here
Please let us know if you have a question, want to leave a comment, or would like further information about the National Student Financial Aid Scheme NSFAS.
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