How Do I Claim NSFAS Money Online?
How do I claim NSFAS money online? Learn how to claim and withdraw NSFAS money online through the NSFAS Wallet. Discover the process, requirements, and essential tips for accessing your funds conveniently. Find out how to create cash vouchers, locate accredited merchants, and manage your NSFAS Wallet effectively.
If you’re a South African student receiving funding from NSFAS, it’s important to know how to claim and withdraw your money through the NSFAS Wallet.
In this comprehensive guide, we’ll take you through the step-by-step process, requirements, and useful tips to ensure a smooth experience.
From creating cash vouchers to finding accredited merchants, we’ll cover everything you need to know about accessing and managing your NSFAS funds online.
How Do I Claim NSFAS Money Online?
Cash funds will be placed into the NSFAS Wallets of NSFAS-funded students who meet the requirements to receive allowances directly from NSFAS.
The NSFAS Wallet functions like a bank account and allows you to withdraw cash or make purchases at registered merchants.
The amount of your allowance is determined in consultation with your institution during the registration process.
Requirements to Receive NSFAS Allowances via NSFAS Wallet
To receive your NSFAS allowances through the NSFAS Wallet, you’ll need:
1. Your own cell phone with a valid SIM card.
2. To sign your NSFAS Bursary Agreement (for new students).
3. Not to use cash to pay your landlord or any registered merchant.
Getting Started with NSFAS Wallet (First-Time Users)
If you’re a first-time user, follow these steps:
1. Wait for the “Welcome” SMS from NSFAS Wallet.
2. Verify your account by dialing 120176# and entering your ID number.
3. Receive a password for your transactions. Ensure you keep it secure and consider updating it on the Celbux Appspot website.
4. Avoid saving your password on your cell phone and always lock your screen with a password or PIN.
How to Claim and Withdraw NSFAS Money from NSFAS Wallet
To withdraw money from your NSFAS Wallet, you need to create cash vouchers and visit accredited merchants.
Here’s how:
Using Online Method
1. Visit the NFSAS Appspot website.
2. Log in to your NSFAS Wallet account using your mobile number (or username) and password.
3. Select “Pay” and enter the chosen withdrawal amount.
4. Confirm the transaction.
USSD Method
1. Dial *134*176#.
2. Enter your NSFAS Wallet password.
3. Select “Cash Voucher” from the options.
4. Enter the desired withdrawal amount.
Where to Withdraw NSFAS Wallet Funds
Cash withdrawals can be made at accredited stores or merchant locations partnered with NSFAS.
These include Shoprite, Checkers, Boxer, USave, and select SPAR stores.
Remember that daily cash withdrawal limits range from R200 to R1000 at these locations.
Checking NSFAS Wallet Balance
You can check your NSFAS Wallet account balance either through your cellphone or online:
USSD Method
1. Dial *134*176#.
2. Enter your password.
3. Select option 2 for queries.
4. View your cash balance and transaction history.
Online Method
1. Visit the NFSAS Appspot website.
2. Log in to your account using your cellphone number and password.
3. Click on “More” and then “Transactions.”
4. Access your wallet balance and recent transactions.
By following the steps outlined in this guide, you now have the knowledge to successfully claim and withdraw your NSFAS money online.
Remember to activate your NSFAS Wallet, create cash vouchers, locate accredited merchants, and manage your funds responsibly.
Should you have any further queries, reach out to the NSFAS Contact Centre for assistance.
Make the most of your NSFAS funding and embark on a successful educational journey.