Can One Get The SRD Grant And Nsfas At Once?
Many disadvantaged people who apply for Nsfas may already be beneficiaries of the R350 Social Relief of Distress (SRD) grant which is provided to unemployed individuals who have no source of income.
If you are looking to apply for National Student Financial Aid Scheme and you are an R350 SRD grant beneficiary, then you may be wondering if you’ll be eligible for the bursary scheme. Here is how the R350 grant may affect Nsfas.
The National Student Financial Aid Scheme is basically for disadvantaged South African students. It helps them with funding for their tertiary studies at public higher education institutions in the country.
Several people who apply for the National Student Financial Aid Scheme may already be recipients of the R350 Social Relief of Distress (SRD) award, which is given to jobless people with no other source of income. However, if you are a R350 grant beneficiary and you want to apply for National Student Financial Aid Scheme, once you’re approved for Nsfas, you’ll no longer be eligible for the R350 grant.
The reason is that the R350 grant is for those who don’t receive any grants or UIF funds and Nsfas falls under the grant category which then results in National Student Financial Aid Scheme students not qualifying for the grant.
These R350 grant beneficiaries are able to apply for a Nsfas bursary if they are already receiving SRD grant payments. Should they meet the NSFAS requirements, they will be accepted even if they are an R350 grant beneficiary.
When Sassa does its monthly review the R350 grant and payments will stop. The Sassa grant status will show that they have another grant and they will eventually stop the R350 grant. The status check will read ‘Nsfas registered’ and they will be declined.
No person is able to receive both Nsfas funding and R350 grant payments.
Should you, however, be receiving any other SASSA grants besides the R350 grant, you will immediately qualify to be funded by Nsfas.
It is important to check the National Student Financial Aid Scheme requirements when you apply to see if you would qualify for the bursary scheme.
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