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NSFAS Wallet Guide | How to Access myNSFAS Wallet

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NSFAS Wallet Guide | How to Access myNSFAS Wallet

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The National Student Financial Aid Scheme (NSFAS) funds students who qualify to receive allowances directly from NSFAS will receive cash funds in their NSFAS Wallets.

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Your NSFAS Wallet will allow you to withdraw cash and/or spend at any merchant registered by NSFAS.  Allowance amounts are determined through consultation with institutions and communicated to NSFAS when you register.

  • When your NSFAS Wallet account is created by NSFAS, you will receive a “Welcome” SMS advising you to verify your account.
  • Ensure at ALL times that you have access to the cell phone number you provided to NSFAS upon application, as this is the number we will use to deposit your funds.
  • Should you wish to withdraw cash, you may do so at any of our cash withdrawal merchants, Checkers, Boxer, U-Save, and select Spar stores. Note that these stores have daily cash withdrawal limits of R200 – R1000 per day.
  • Spending at a registered store has no limit, i.e., you can spend up to the maximum value of your cash wallet.

What you will need to receive your NSFAS allowances via NSFAS Wallet

  • Your cell phone and a valid SIM card
  • You must sign your NSFAS Bursary Agreement if you are a new student to NSFAS
  • You will not need to withdraw cash to pay your landlord or any registered merchant.

How to get started (1st time users)?

  • Receive an SMS welcoming you to NSFAS Wallet
  • Verify your account by dialing *120*176# and replying with your ID number
  • Receive a password that you will use when transacting. Note that you need to keep this password secure at all times, as anyone with access to your password may access or spend your money. It is advisable to log in to Celbux.appspot.com with your 5-digit password and update your password to something more secure and memorable.
  • Do not keep or save your password on your cell phone, and always keep your cell phone’s screen locked with a password or PIN.
See also  NSFAS Mission, Vision And Value Proposition

The NSFAS Wallet is a mobile-based digital wallet used to pay allowances (such as food, transport, and living expenses) directly to eligible TVET college students without requiring a traditional bank account. Students can access funds, manage accounts, and make transactions using a basic cellphone.

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How to Activate Your NSFAS Wallet

To start receiving and transacting with your funds, you must activate the wallet on your mobile phone:

  1. Dial the USSD code *134*176# on the cellphone number linked to your NSFAS application.
  2. Enter your ID number to verify and authenticate your account.
  3. You will receive an SMS with your password.
  4. Once you have the password, you can dial *134*176# to access your digital wallet.

How to Withdraw Cash or Pay for Goods

You can withdraw your cash or pay for groceries and study supplies directly from your phone without paying any monthly account fees.

  • Creating a Cash Voucher: Dial *134*176#, select “Withdraw Cash”, enter your ID number, and specify the amount you want. You will receive an SMS voucher pin valid for a limited time (Note: a R10.00 fee applies per cash voucher request).
  • Withdrawing at Stores: Present your voucher at approved retailers, including Shoprite, Usave, Checkers, Boxer, or selected SPAR stores. Let the cashier know you want to make an NSFAS Wallet withdrawal.
  • Paying at Approved Merchants: Use your voucher to pay directly at participating stores and campus merchants, including Van Schaik, McDonald’s, and Roman’s Pizza.
Checking Your Balance
You can check your remaining allowance balance anytime, entirely for free:
  1. Dial *134*176# from your registered cellphone.
  2. Enter your password and navigate to the “Balance” option.

Helpful Resources & Support

  • Official Guides: Review the full NSFAS Wallet Guide or the Understanding NSFAS Wallet PDF for exact step-by-step instructions.
  • University Students: If you are a university student rather than a TVET student, your funding is managed through a bank account setup. Update or check your details via the myNSFAS Portal.

Please note that only students studying at the following institutions receive their allowances through the NSFAS Wallet:

Posted in: NSFAS

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