National Student Financial Aid Scheme (NSFAS) – South Africa

The National Student Financial Aid Scheme (NSFAS) is a South African government entity which provides financial support to disadvantaged students to help pay for the cost of their education at public universities or TVET colleges.

NSFAS is funded by the Department of Higher Education and Training under the National Government of South Africa.

The vision of NSFAS is to be a model public entity operating within the public post-school education ecosystem that provides equitable access to financial and other resources for eligible students in an efficient, transparent, and professional student-centric manner.

The values of NSFAS are;

  • Social Justice – The fair distribution of resources to eligible students.
  • Integrity (Trust) – To demonstrate ethical conduct that must be beyond reproach and accepted as such by all stakeholders.
  • Excellence – To have a high-performance culture to meet the expectations of stakeholders with efficiency and impact.

The mission of NSFAS is to be an agile, responsive, and student-centric resource provider within the public higher education ecosystem.

The mission statement is made up of three distinct elements which describe why NSFAS exists, what it does, and the impact on its constituency:

  • NSFAS exists to provide financial aid to eligible students at public TVET colleges and public universities
  • NSFAS identifies eligible students, provides bursaries, and collects student loan repayments to replenish the funds available for future generations of students
  • NSFAS supports access to, and success in, higher education and training for students from poor and working class families who would otherwise not be able to afford to study.

Overseeing Department/Entity

Office Bearers/Management

Chairperson

  • Dr Karen Stander (Education)

Board Members

  • Adv Lavandra Nanda Gopaul (Legal)
  • Ms Ndleka Portia Loyilane (Public Administration)
  • Ms Prashika Mahesh (Accounting)
  • Dr Mugwena Maluleke (Education)
  • Dr Johanna Maphutha (Education)
  • Dr Siyanda Mngadi (Governance)
  • Ms Karabo Mohale (Governance)
  • Adv Richardt Tlou Ramashia (Legal)
  • Ms Philisiwe Sibiya (Accounting)
  • Ms Clarinda Elizabeth Simpson (Accounting)
  • Dr Marcia Socikwa (DDG: University Education [DHET Representative])

Administrator

  • Mr Sithembiso Freeman Nomvalo

Chief Executive Officer

  • Mr Waseem Carrim (Acting)

Senior Management

  • Thaaniya Isaacs (Chief Governance, Risk and Compliance Officer)
  • Mr Prakash Mangrey (Risk and Finance Advisor)

Communications Officers

  • Khaya Xaba (Spokesperson)
  • Ms Tsholofelo Zweni

Contact Details

The contact details of the National Student Financial Aid Scheme (NSFAS) are listed in the table below.

Physical Address:The Halyard, 4 Christiaan Barnard St, City Centre, Cape Town
Postal Address:Private Bag X1, Plumstead, 7801
Telephone:021 763 3200 / 0800 067 327
Email:info@nsfas.org.za
Website:www.nsfas.org.za