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How to Create NSFAS Wallet. NSFAS Wallet Guide -PDF Download

NSFAS is the National Student Financial Aid Scheme which is a government loan and bursary fund for students through the NSFAS fundingNSFAS application and registration opens in the later part of the year for students with the NSFAS closing date usually being in the next calendar year.

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NSFAS requirements?

The most important requirement is that your household income should come to R350 000 or less per year. This means that if you add up everyone’s salaries in your house for the year and it comes to over R350 000, you won’t qualify.

Usually, students and future students will submit their NSFAS online application for a NSFAS bursary using myNSFAS.

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NSFAS Wallet

The NSFAS Wallet is where NSFAS allowances are located for students. Students receive allowances directly from NSFAS to withdraw or spend at any trader that’s partnered with the organization.

What you will need to receive your NSFAS allowances via NSFAS Wallet?

  • Your own cell phone and valid SIM card
  • You must sign your NSFAS Bursary Agreement if you are a new student to NSFAS
  • You will not need to withdraw cash to pay your landlord or any registered merchant.
Your NSFAS Wallet will allow you to withdraw cash and/or spend at any merchant registered by NSFAS. Allowance amounts are determined through consultation with institutions, communicated to NSFAS when you register.
  • When your NSFAS Wallet account is created by NSFAS, you will receive a “Welcome” SMS advising you to verify your account.
  • Ensure at ALL times that you have access to the cell phone number you provided to NSFAS upon application, as this is the number we will use to deposit your funds.
  • Should you wish to withdraw cash, you may do so at any of our cash withdrawal merchants, Checkers, Boxer, U-Save and select Spar stores. Note that these stores have daily cash withdrawal limits from R200 – R1000 per day.
  • Spending at a registered store has no limit i.e. you can spend up to the maximum value of your cash wallet.
See also  Rhodes University NSFAS Application 2023/2024 | Apply Here
How to Register for NSFAS Wallet
  • Receive an SMS welcoming you to NSFAS Wallet
  • Verify your account by dialing *120*176# and reply with your ID number
  • Receive a password that you will use when transacting. Note that you need to keep this password secure at all times as anyone with access to your password may access
  • or spend your money. It is advisable to log in to Celbux.appspot.com with your 5 digit password and update your password to something more secure and memorable.
  • Do not keep or save your password on your cell phone and always keep your cell phone’s screen locked with a password or pin.

NSFAS Wallet Guide -PDF Download

NSFAS Wallet Guide
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Note: Please note that only students studying at the following institutions receive their allowances through NSFAS Wallet.

  • Capricorn TVET College
  • Central Johannesburg TVET College
  • Coastal KZN TVET College
  • East Cape Midlands TVET College
  • Ehlanzeni TVET College
  • Ekurhuleni East TVET College
  • Ekurhuleni West TVET College
  • Elangeni TVET College
  • Esayidi TVET College
  • Flavius Mareka TVET College
  • Goldfields TVET College
  • Gert Sibande TVET College
  • Ingwe TVET College
  • King Hintsa TVET College
  • Letaba TVET College
  • Lephalale TVET College
  • Mnambithi TVET College
  • Mopani South East TVET College
  • Motheo TVET College
  • Mthashana TVET College
  • Nkangala TVET College
  • Orbit TVET College
  • Port Elizabeth TVET College
  • Sekhukhune TVET College
  • Taletso TVET College
  • Thekwini TVET College
  • Tshwane North TVET College
  • Umfolozi TVET College
  • Umgugundlovu TVET College
  • Vhembe TVET College
  • Vuselela TVET College
  • Waterberg TVET College

For all queries, please contact the NSFAS Contact Centre on 08000 67327 or send your queries/feedback to [email protected]

See also  NSFAS Requirements for Central Technical College Applicants

For forgotten passwords or change number requests, the Contact Centre will assist you.

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To update your cell phone number, register on myNSFAS with your facebook or google account, and update your cell number. Note that this new number must be UNIQUE and accessible by you at all times.

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