Rating based on 76 reviews



  • Effective Financial Aid
  • Fund your education
  • Track your application

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NSFAS homepage

Author NSFAS. Screenshot of NSFAS website. [Accessed September 15, 2021]


Being one of the major financial credit providers, it is compulsory that we comply with the regulations of the National Credit Regulator.

Seeing that education is such an important factor in the lives of South Africans, we thought it was fit to introduce an initiative that is available for student loans and bursaries. This programme is run by government administration and is purposefully driven to uplift deserving and underprivileged students. Every higher education institution has a student that has an NSFAS loan which is why we partner with everybody.

We have come a long way

When we started this education plan, we never thought we would come so far. It gives us great pleasure to know that we partnered with a student to ensure their academic dream becomes a reality through our education funding. After you graduate, you are liable to pay for all the years you were sponsored by NSFAS.

NSFAS Services

After you get this student loan to cover all study costs such as books, fees and accommodation, you are only liable to repay the loan after you have received your bursary and graduated.

Furthermore, this can only be possible if you work but if you are still unemployed, your loan repayment hasn’t started.

Get good grades & save

It is properly a rare case scenario that you would find student loans that meet you halfway financially as well. If you do exceptionally well, 40% of your debt is converted into a bursary which means you are not eligible to pay back the loan.

NSFAS – Student loan

  • Loan Type Student loans

Benefits of NSFAS

  • Provision of finance to poor and working-class families
  • Funding for higher education
  • Simple application process

Student loan calculator


The interest rate of a loan will vary based on your credit score and risk profile.

This loan calculator is for illustration purposes only.
The use of this Online loan calculator is subject to our terms of use.

The National Student Financial Aid Scheme will help you reach your full potential

Although the cost of university education is high and seems to be getting even higher, NSFAS is still making society realize that the dream of finding a credit provider that will pay for your studies is still a reality and quite possible.

NSFAS will help you get there

Although we want to help every qualifying student, we can’t be able to reach out to each and everyone who needs student loans and bursaries but we try our level best to reach out to as many people as we can. We also know how difficult it is to sometimes get a loan from a private broker but don’t despair; this is why we are here.

Winner takes all academic treats

There is an aptitude test that we have in place for students who need an NSFAS loan. This is just done to ensure that an individual is academically strengthened to choose a career field. Furthermore, it is good to know that the students are also equipped for a greater future.

Lowest interest rates on credit plans

The reason we have low charges on our personal loans is for the main purpose of ensuring that a lot of customers qualify for this great academic offer.

When must I pay?

Unlike most student loans, you only start paying off your loan after you have found yourself a job that pays you a certain amount of money. We don’t want to see that you are bankrupt due to the loan that we are taking from your salary. It is for this reason why we only want you to earn a certain portion of amount first before we can grant your repayment process a success. We are not monsters, after all, we also want to see that you are making the most with what you have and are living a life that you have always dreamt of living, we are also human beings after all.

man holding thumbs up

NSFAS is a trusted & reliable provider of student loans

In our review, NSFAS adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

NSFAS is a registered credit provider in South Africa: NCRCP2655

Customer Reviews & Testimonials

March 2019

Very helpful staff. Makes the process easier.

Zodwa M
— Durban —

June 2019

It was an easy application. All I needed was to go to an internet café and apply online.

Sibusiso N
— Johannesburg —

June 2019

I owe NSFAS a big thank you because I was starting to lose hope of ever going to study at a university after struggling to get finance from other institutions. But NSFAS has made it possible for ...

Mawande P
— Port Elizabeth —

NSFAS Contact

Physical Address

  • House Vincent 2nd Floor, 7700, 10 Brodie Rd Cape Town Wynberg 7800 South Africa
  • Get Directions

Postal Address

  • Private Bag X1, Plumstead, 7801, South Africa

Opening Hours

  • Monday 08:00 – 17:30
  • Tuesday 08:00 – 17:30
  • Wednesday 08:00 – 17:30
  • Thursday 08:00 – 17:30
  • Friday 09:00 – 17:30
  • Saturday 09:30 – 13:00
  • Sunday – Closed