Is NSFAS Funding Required to Be Paid Back?

Yes, NSFAS funding has to be repaid, but there are specific conditions.

Students receive loans to cover their study costs, and repayment is required only after they complete their qualification, leave university or college, and find employment or start a business earning R30,000 or more annually.

Every cent repaid goes towards helping other students with their funding needs.

However, since 2018, NSFAS has shifted to a bursary model. If you started receiving NSFAS funding after 2017, you do not have to repay anything.