NSFAS Repayment | National Student Financial Aid Scheme
Please note: All students who received a NSFAS loan before the president’s announcement of free education in December 2017 need to repay the loaned amount as per the signed loan agreement form.
Ways to Pay
Electronic Funds Transfer (EFT)
If you would like to do an EFT each month these are our bank details.
Name of Account: NSFAS
Branch Code: 210554
Bank: First National Bank
Account Number: 500 600 28203
Please use your ID Number (6711165000000) as a reference when making payments
NSFAS is added as a predefined beneficiary at the following banks:
- STANDARD BANK
- CAPITEC BANK
Just look for “NSFAS” in their list of beneficiaries
If you don’t want to worry about remembering to pay your NSFAS loan every month, this is a good option for you. Just complete the electronic debit order form and submit it.
OPEN THE ELECTRONIC DEBIT ORDER FORM
Complete the attached form and email it back to email@example.com
Your employer can make deductions from your income and pay it over to NSFAS.
Print and complete the form and submit to your employer.
OPEN THE EMPLOYER DEDUCTION FORM