NSFAS Announces May 2025 Allowance Payment Details for Students

NSFAS Announces May 2025 Allowance Payment Details for Students. The National Student Financial Aid Scheme (NSFAS) continues to be a cornerstone of support for thousands of students across South Africa. In a recent update, NSFAS confirmed its allowance payment schedule for May 2025, giving clarity to both university and TVET college students who rely on this funding for their academic and living expenses.

Government Bursary Supporting South African Students

NSFAS is a government initiative that funds students who come from disadvantaged backgrounds and cannot afford higher education. The funding covers tuition fees, registration, accommodation, transport, learning materials, and provides monthly allowances to eligible students. These monthly NSFAS allowances are vital for ensuring that students can focus on their studies without the burden of financial pressure.

In 2025, NSFAS continues to distribute student allowances over 10 monthly payments, running from February to November. Each month, thousands of students receive their approved funds, which help them manage living costs while pursuing higher education.

Allowance Payments for May 2025 Confirmed

NSFAS has confirmed that allowances for May 2025 will follow the same structure as earlier in the year. Payments will be made based on the student’s institution and the NSFAS-approved payment channel.

TVET College Students

TVET college students will continue receiving their monthly allowances via direct deposit into their personal bank accounts. This process has proven efficient and convenient, allowing students to access their funds without relying on third-party systems.

NSFAS urges all TVET students to ensure their banking details are correctly uploaded on the myNSFAS portal. This is crucial for avoiding payment delays.

Colleges are also encouraged to guide newly funded students in opening bank accounts with any recognised South African banking institution, as NSFAS will not distribute funds to mobile wallets or accounts that are not properly verified.

University Students

Although NSFAS initially planned to transition university students to direct payment systems, that change has been postponed. Due to an ongoing court case, university students will continue to receive their allowances through their respective institutions in 2025.

Each university follows its own internal process for distributing NSFAS allowances, so students must stay in regular contact with their institution’s financial aid office for updated payment schedules and procedures.

How to Upload Banking Details on myNSFAS (TVET Students Only)

To receive NSFAS payments directly into their bank accounts, TVET college students must follow the official process for uploading their banking information on the myNSFAS portal.

Here is a step-by-step guide:

1. Visit the official myNSFAS portal: https://my.nsfas.org.za
2. Log in using your valid myNSFAS credentials
3. Navigate to “Profile Information”
4. Select “Bank Account Details”
5. Enter your banking information accurately
6. Click “Save” to complete the process

Only students who have confirmed NSFAS funding and submitted their registration data are eligible to add or update their bank details. NSFAS consistently reminds students to:

• Keep banking and personal information up to date
• Use only the official myNSFAS portal for updates and queries
• Avoid sharing login credentials or personal data with anyone
• Follow NSFAS announcements on its official website and social media platforms

By staying informed and keeping your data updated, you reduce the risk of missed payments or administrative delays.

May 2025 NSFAS Payments

• TVET students will continue to receive allowances directly into their bank accounts
• University students will receive payments through their institutions due to court-related delays
• Students must use the myNSFAS portal to update their bank details
• Monthly payments will continue through to November 2025

Conclusion

NSFAS remains a vital source of financial aid for nearly a million South African students. Whether you are enrolled in a university or a TVET college, staying updated on your NSFAS allowance status, understanding your payment channel, and regularly checking the myNSFAS portal are key to a smooth academic journey.