Lonwabo Mtyeku | Photo Credit: Sourced
Johannesburg – The National Student Financial Aid Scheme (NSFAS) has confirmed that it will fund more than 600,000 new applicants in 2026, marking one of the largest intakes in the programme’s history and reinforcing government’s commitment to expanding access to higher education for poor and working-class students.
The funding will benefit qualifying students enrolled at public universities and Technical and Vocational Education and Training (TVET) colleges across South Africa, covering tuition, accommodation, learning materials, and living allowances in line with NSFAS policy.
Expanding Access to Higher Education
The announcement comes as thousands of matriculants prepare to enter the post-school system, many of whom depend on NSFAS as their only means of accessing tertiary education.
Deputy Minister of Higher Education and Training Buti Manamela said the increased funding allocation reflects government’s continued investment in education as a tool for social and economic transformation.
“Education remains one of the most powerful instruments for breaking the cycle of poverty. By funding more than 600,000 new students, we are ensuring that financial hardship does not stand in the way of young people reaching their full potential,” Manamela said.
He added that government remains committed to strengthening the post-school education system while ensuring accountability and efficiency in the disbursement of funds.
Who Qualifies for NSFAS Funding
NSFAS funding is available to:
- South African citizens and permanent residents
- Students from households earning R350,000 or less per year
- SASSA grant beneficiaries
- Students accepted or registered at public universities or TVET colleges
The funding covers tuition fees, approved accommodation, transport or living allowances, and learning materials, depending on the student’s circumstances.
Improved Systems and Accountability
Following challenges in previous academic years, NSFAS has committed to improving payment systems, strengthening oversight of accommodation providers, and ensuring that allowances are paid on time.
Manamela noted that reforms within NSFAS are aimed at restoring confidence in the scheme and improving the overall student experience.
“We are focused on ensuring that NSFAS operates efficiently, transparently and in the best interests of students. Every rand must go where it is intended to go,” he said.
Boost for Skills Development and Economic Growth
Education experts have welcomed the announcement, saying the expanded intake will play a critical role in addressing skills shortages and youth unemployment.
With thousands of students expected to enter universities and colleges in 2026, the funding injection is seen as a major investment in South Africa’s future workforce and economic recovery.
Students Urged to Track Applications
NSFAS has urged applicants to regularly check their application status, ensure all supporting documents are submitted, and respond promptly to any requests for additional information.
As the new academic year approaches, the funding of over 600,000 students brings renewed hope to families across the country — reinforcing the message that access to education remains a national priority.
