The National Student Financial Aid Scheme (NSFAS) has opened its accreditation
portal to accommodation providers to apply for accreditation, says Higher Education
and Training Minister, Blade Nzimande.

Nzimande, who announced the department’s Budget Vote on Wednesday, said 8 196
beds have already been accredited covering the Eastern Cape, Gauteng and KwaZulu
Natal Provinces.

“NSFAS also pays living allowances in the sum of R1 750 per month and personal care
for distance students to the value of R3 045 per academic year. Students not living in
residences and private accommodation qualify for transport allowances of R7 875,”
Nzimande explained.

On average, he said, a student is funded to the tune of R95 552, excluding Unisa
students who only receive books as allowances, because they offer distance learning.