The department confirmed that nsfas had exceeded its initial funding targets, assisting more than 540,000 university students, far surpassing the expected 417,938. In a major relief for south african students, the national student financial aid scheme (nsfas) has confirmed that the majority of loan applicants for the 2025 academic. Every year, thousands of students apply to be funded by the national student financial aid scheme (nsfas) through nsfas bursaries and loans.
In 2024, the nsfas was projected to have funded 1.1 million students in that particular academic year. Across 26 universities a total of 550 833 students were funded for the 2022 academic year (68% of total nsfas funded students for 2022). The increase in student funding has made it.
In 2020, nsfas gave money to about 700,000 students, a big jump from 2012, when it gave money to about 55,000 students. The number of funded students will likely be. Following an extraordinary spike in the number of applicants, the national student financial aid scheme (nsfas) is currently funding 1.3 million students as of the 2025 academic year. According to a government media.
Since 2013, the nsfas has funded over 2 million students in south. The national student financial aid scheme (nsfas) has received a total of 1 936 330 applications for funding, as of 16 february 2024. Across 50 tvet colleges a total of 259 699. In the past year, nsfas reportedly supported around 700,000 students in south african higher education institutions and tvet colleges.