The maximum amounts reflected in this table include all essential expenses, as defined at the discretion of the Higher Education Institutions (HEIs), and are based on loan amounts calculated according to the NSFAS Financial Means Test.
The amounts indicated in this table include all amounts paid out to all students registered as recipients of loans, bursaries and/or scholarships at all public Higher Education Institutions (HEIs) and FET Colleges.
The Funza Lushaka Bursary Programme is a multi-year programme that promotes teaching in public schools. Full-cost bursaries are available to enable eligible students to complete a full teaching qualification in an area of national priority. This bursary is only available to applicants studying towards a qualification in a Teaching field aimed at specialising in a specific priority area.
This scholarship is available to applicants currently studying and prospective students wishing to study towards a degree qualification in Social Work. The award of this bursary is specifically targeted at addressing the skills shortage in the field of Social Work in South Africa.
The figures below are indicative of the collective number of courses passed by all students receiving funding via NSFAS. The percentage indicated is a reflection of the collective number of courses passed as calculated against the total number of courses enrolled for during each specific year.
Up to 40% of each award to a student is converted into a bursary, where the extent of this conversion is dependent upon academic results. The amount of capital converted into bursaries between 1996 and 2009, are expressed as a percentage, is:
The above figures indicate the percentage of the total amount of loan funding provided in each year that was converted into bursaries. These figures are based on the loan capital only.
A student obtains a R10,000 loan. He/she passed 70% of his/her subjects for the specific year, therefore 28% of the loan capital awarded to that specific student was converted into a non-repayable bursary, i.e. an effective R2,800 of the R10,000 capital amount was converted to a bursary and the student’s repayable loan capital amount has been reduced to R7,200.