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NSFAS Coinvest: How to Withdraw, Sign Up & Login

Nsfas Coinvest

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National Student Financial Aid Scheme NSFAS Coinvest

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The National Student Financial Aid Scheme (NSFAS) urges beneficiaries to register for NSFAS bank accounts to check the problem of disbursing allowances to beneficiaries. One of the ways to have a bank account under the NSFAS is by completing the NSFAS Coinvest registration.

How to Log in Or Signup for Nsfas Coinvest

To access Coinvest, students must first create an account on the NSFAS website and apply for funding. Once approved, they can log in to the system using their unique credentials to manage their financial aid and view their payment history.

An NSFAS Coinvest account gives you access to mobile banking services, which enable you to check your balances, make payments, withdrawal, and transfer funds.

Steps to Log in to Nsfas Coinvest

To log in to the NSFAS Coinvest system, students can follow a few simple steps.

  1. On your browser, load NSFAS Coinvest URL: https://nsfas.coinvest.africa
  2. existing users will obviously click the log in button
  3. Enter your username and password then login.

Coinvest Signup

On the other hand, Sign up for Coinvest to own an NSFAS bank account and virtual card of your own from which you can make withdrawals. As a new user, you will need to sign up with your ID number.

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Once logged in, students can view their funding status, apply for additional financial aid, and manage their payment schedule. The system also allows students to update their personal information, such as contact details and banking information, to ensure that they receive their funds in a timely and secure manner.

NSFAS also works also with EZAGA, NORACCO, and Tenet Technology to create bank accounts and cards to facilitate student funding, and withdrawal and also ensure that these funds are used for its intention.

How to Change/Reset NSFAS Coinvest Login Password.

Have you forgotten your password to log in to the NSFAS Coinvest User portal? Don’t worry, kindly follow these steps to retrieve or change your password:

  1. To start, go to the NSFAS Coinvest login screen
  2. Next, click on the Forgot/Change Password link, fill and enter the required details
  3. Click on the submit button

How to Open a Coinvest Account

Coinvest Personal Account, Special Purpose Group, or Disbursement Account

We have a solution that’s right for you.

Choose a Personal Account if you want to open an account as a Coinvest Retail client

Choose a NSFAS Student Account if you are a registered NSFAS Student

Choose a CETA Student Account if you are a registered CETA Student

How to Create a New NSFAS Account

It’s as easy as 1,2,3,……

  1. Type in first names (as per ID number)
  2. Type in Surname (as per ID number)
  3. Type in your ID number (will your username)
  4. Type in your own Email address
  5. Type in your own Cellphone number
  6. Accept terms and conditions Tick the box provided, to allow NSFAS to check the information provided (compulsory)
  7. Create a Password, To (protect your account)
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ID number, Names and Surname is validated against the Department of Home Affairs database. Only valid South African ID information will be accepted.

Easy steps to get your NSFAS funding:

Take note of the below important documents needed to complete the application:

Step 1:

Once the student has created an account/profile and captured the required information, they click on apply and the screen above appears. Student should fill in the fathers’ details, if the field applies to them and Click Next

Step 2:

Student should fill in the mothers’ details only if this field applies to them and click Next, if this field does not apply to the student, they can Click Next

Step 3:

Married students with spouses should fill in the required details and Click Next, if this field does not apply to the student, they can Click Next

Step 4:

Students with guardians should fill in the required information and Click Next, if this field does not apply to the student, they can Click Next

Step 5:

Once the student has completed all required fields and steps, the student will be required to upload the necessary documents, upon completion student can Click Next

Step 6:

Student should confirm if the details and documents uploaded are correct and submit.

Final Step: Once student clicks on “Submit” the application will be submitted successfully

Who qualifies for the Bursary?

You qualify for a NSFAS bursary if you are a South African citizen who plans to study in 2023 or you are already studying at a public university or TVET college and you meet the following requirements:

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1. SASSA recipients automatically qualify on financial eligibility

2. Your combined household income is not more than R350 000 per year or

3. Person with a disability with a combined household income of not more than R600 000 per year or

4 . Must have email and cell phone number

NSFAS Application Requirements

NSFAS may need more information from you to process your application, check what supporting documents are required and ensure that you have all the relevant information:

You will need the following to complete your NSFAS application:

  1. Your own cellphone number and email address
  2. Copy of your ID or birth certificate
  3. ID copies of parents, guardian or spouse (If applicable)
  4. Your proof of income or 1 year’s IRP5 (if applicable)
  5. Your parents, guardian or spouse’s proof of income
  6. If you are a SASSA grant recipient, no proof of income will be required
  7. Applicants with a disability must submit a completed and signed Disability Annexure A Form, click here to download
  8. An applicant who is recognised as a Vulnerable Child by the Department of Social Development must provide a completed and signed Vulnerable Child Declaration and Consent Form, click here to download.

NSFAS Coverage

Once your funding application becomes successful, NSFAS will cover your costs for:

Accommodation

Transport

Living allowance

Learning material allowance

Personal care allowance

Coinvest Contact Details

OFFICE ADDRESS

1016 ROOS STREET
SELBOURNE BLOCK
FOURWAYS GOLF
OFFICE PARK
JOHANNESBURG
2191

WORKING HOURS

MON – FRI: 7:00 – 17:30
SAT: 8:00 – 15:00

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