What Is the NSFAS Bursary Agreement?
Are you ready to sign your NSFAS Bursary Agreement so you can get funding for 2026? This agreement is a digital contract between you and NSFAS. It explains what you’ll get, what you must do, and what happens if you don’t follow the rules.

Why This Agreement Matters
When NSFAS approves your funding, they need you to sign the NSFAS bursary agreement before they pay tuition, allowances, or accommodation. Think of it as a promise: you promise to do schoolwork, keep good marks, use money properly, and tell NSFAS if things change (like your bank details).
Who Has to Sign It?
- All new students awarded NSFAS funding at public universities or TVET colleges
- All continuing students who already receive NSFAS funding
- Yes—every funded student must complete the NSFAS contract signing once per year through myNSFAS.
Key Parts of the Agreement
Funding Coverage
Item Covered | Annual Allowance | Notes |
|---|---|---|
Tuition Fees | Full cost | Paid directly to institution |
Accommodation | R45,000 (university) | R33,000 (TVET) |
Living Allowance | R1,650/month | R19,800 per year |
Transport | Up to R7,500 | For travel under 40km |
Learning Materials | Up to R5,200 | Books & supplies |

To stay funded
- University students must pass 50% of the modules each year.
- TVET students must pass 5 out of 7 NC(V) subjects or 3 of 4 Report 191 modules
- Repayment Terms
Not all funding is a grant. If you receive a loan (especially a postgraduate or fallback loan), you must repay it once you earn a monthly income of at least R30,000. The interest rate is 80% of the prime.
Penalties and Termination
NSFAS can stop funding if you:
- Fail to meet academic requirements.
- Provide false info
- Take longer than the allowed study time (e.g., a 3-year degree must finish in 5 years)
How to Sign the Agreement
- Log in to your myNSFAS account at www.nsfas.org.za
- Go to Track Funding Progress – look for “Awaiting Agreement” or “Funding Eligible”
- Click on Sign Agreement to open the document
- Read all the NSFAS bursary terms and conditions carefully
- Digitally sign and submit within 14–30 days of approval
- You will get a confirmation via SMS or email once it is done
What Happens If You Don’t Sign?
- Your funding will not be released.
- Tuition won’t be paid to the school.
- Monthly allowances won’t be loaded.
- Your name could be removed from NSFAS records, or funding could be cancelled.
Common Issues With Agreement Signing
Problem | Reason | Fix |
|---|---|---|
“Awaiting Agreement” stuck | System delay or missed deadline | Call NSFAS or email support |
Didn’t receive SMS/email | Wrong contact info | Update in myNSFAS > “My Details” |
Agreement button not clickable | Site cache error or outdated browser | Clear cache, try Chrome or Firefox |
- “Awaiting Agreement” is stuck – maybe you missed the deadline, or there’s a system delay.
- SMS/email never came – check the spam folder and update contact details in myNSFAS
- Bank account not verified – confirm your banking details under “My Details.”
If problems persist, please get in touch with NSFAS support at 08000 67327 or email them through the portal
Checking Status After Signing
Once signed, monitor your funding status:
- MyNSFAS portal – Track Funding Progress will change to “Payments” or “Disbursed.”
- SMS – Dial 120 67327# followed by your ID number
- WhatsApp – Send “STATUS [your ID]” to +27 78 519 8006.
- These updates inform you when NSFAS will disburse funds for tuition or allowances.
Tips for a Smooth Agreement
- Sign in quickly once NSFAS notifies you
- Keep a copy of the signed document
- Track your marks monthly—stay above 50% and meet deadlines
- Update myNSFAS with any changes (bank, contacts, study program)
- Seek help early if you miss a deadline or face issues
FAQ About NSFAS Bursary Agreement
The NSFAS Bursary Agreement is your key to getting and keeping student funding. Signing it indicates that you understand the rules, including funding amounts, academic requirements, repayment terms, and penalties associated with the program. Skip it, and your money won’t come. Need help? Contact your school’s financial aid office or NSFAS support right away.
