NSFAS RELEASES FUNDS TO INSTITUTIONS BASED ON REGISTRATION RECORDS RECEIVED

NSFAS RELEASES FUNDS TO INSTITUTIONS BASED ON REGISTRATION RECORDS RECEIVED

NSFAS RELEASES FUNDS TO INSTITUTIONS BASED ON REGISTRATION RECORDS RECEIVED
NSFAS updates – The Nationwide Pupil Monetary Support Scheme (NSFAS) has change into conscious of a number of media reviews relating to the receipt of its funding allocation from the Nationwide Treasury. This follows an article revealed over the weekend within the media.

There was a rise in media curiosity relating to the matter, nevertheless, these media reviews have since been outdated by occasions.

NSFAS can verify that it has since acquired the primary tranche of its budgetary allocation for the primary quarter of the monetary 12 months. The Scheme will thus be capable to begin processing funds to establishments and paying pupil allowances from Friday, April 08, 2022.

An official communication has been despatched to all establishments on the allowance fee course of. The establishments which have complied with the 2022 accepted NSFAS Eligibility Standards and Situations for Monetary Support will obtain fee from NSFAS.

The Communique from NSFAS additional requests establishments to abide by the funding guidelines set out within the NSFAS Eligibility Standards and Situations for Monetary Support, when disbursing funding to college students.Issued by:Nationwide Pupil Monetary Support Scheme Advertising and marketing and Communications Division

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