Wednesday, December 18, 2024

NSFAS Terms and Meanings 2025

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Here are some important terms and their meanings related to NSFAS (National Student Financial Aid Scheme).

List of NSFAS Acronyms

  • Academically eligible student: Students registered on an NSFAS-approved qualification who meet relevant academic progression criteria and N+ rules.
  • Academic progression pathways: Progression from one NSFAS-approved funded qualification to another.
  • Academic Term: The period of study for university or TVET college students.
  • Accreditation standard: Institution’s policy on minimum norms and standards for student housing or NSFAS accreditation tool.
  • Accredited private accommodation (Institution): Institution-accredited accommodation meets the institution’s criteria.
  • Accredited private accommodation (NSFAS): Accommodation accredited by NSFAS meets its criteria.
  • Appeal: Submission by a student whose funding application was rejected, requesting NSFAS review.
  • Applicant: One who has completed an application for NSFAS financial aid.
  • Approved funded qualification: Qualification for which bursaries are available at public institutions, as approved by DHET.
  • Assistive devices: Aids for disabled students to access learning resources.
  • Bursary: Financial support for students, not requiring repayment.
  • Certificate qualification: Registered qualification on NQF Level 5 with Higher Certificate or National Higher Certificate type.
  • Citizen, including permanent residents: Defined as per the South African Citizenship Amendment Act.
  • Continuing Student: Eligible student funded by NSFAS in the prior academic term, currently registered for an approved qualification.
  • Course (University only): Component within a qualification carrying credits.
  • Course pass rate (University only): Percentage of course credits required to remain eligible for NSFAS aid.
  • Course Credits (University only): Credits earned per academic year.
  • Discontinued funding: Cessation of funding due to ineligibility or no requirement.
  • DHET Bursary Scheme: Fully subsidized funding for poor and working-class students.
  • Disability: Impairment hindering participation in society.
  • Distance education: Mode of provision overcoming spatial or transactional distance.
  • Distance TVET college students: TVET college students are categorized as distance learners.
  • Distance university student: Non-contact university student.
  • Double-dipping: Receiving financial aid from multiple sources.
  • Dropout student: Student not registered or actively pursuing qualification.
  • Eligibility assessment: Process determining financial aid eligibility.
  • Eligible student: Financially and academically eligible for NSFAS funding.
  • Financially eligible applicant: Qualifying for funding based on financial criteria.
  • First-time applicant: Applying for NSFAS funding for the first time.
  • First-time entering (FTEN) student: First-time applicant to any university.
  • First Time Funded: Student funded by NSFAS for the first time at a TVET College.
  • First qualification: Initial degree enabling entry into the labor market or further studies.
  • Full cost of study: Total cost including registration fees, tuition, accommodation, etc.
  • Funded student: Student issued an NSFAS Bursary Agreement.
  • Funder: Entity distributing funding to students as per NSFAS agreement.
  • Household Income: Combined annual income of the applicant’s family.
  • Institution: Public university or TVET college.
  • Institution-owned accommodation: Property owned by the institution.
  • Immediate family members: Close relatives as defined.
  • Impairment: Hindrance due to physical or mental abnormality.
  • Legal Guardian: Court-appointed guardian or one appointed by will.
  • Loan Agreement Form (LAF): Documentation between student and NSFAS.
  • NSFAS declaration form: Attests accuracy of applicant information.
  • NSFAS Consent Form: Allows NSFAS to use third-party data for verification.
  • National Certificate Vocational: Qualification complying with NC(V) policy requirements.
  • NSFAS Bursary Agreement (NBA): Agreement detailing bursary terms between student and NSFAS.
  • NATED (Report 191) Programme: Post-school qualification at NQF level 6.
  • National ID number: South African Identity Document number.
  • Pre-Vocational Learning Programme: Prepares grade 9 learners for TVET college.
  • Occupational programme: Trade or profession-related qualification approved by NSFAS.
  • Permanent Resident: Possessor of a valid Permanent Residency Permit.
  • Registered student: Enrolled on an approved qualification.
  • Relatives: Blood or marriage-related individuals.
  • Returning student: Senior student re-applying for NSFAS funding.
  • SASSA recipient: Receives SASSA grant or has in the past three years.
  • Senior student: Previously registered student, whether funded or not.
  • TVET College: Public Technical and Vocational Education and Training College.
  • Third-party data source: External source for data validation.
  • Unutilized funds: Unused student funds paid to institutions.
  • University: Public university in South Africa established under relevant legislation.
  • Undergraduate qualification: Initial tertiary degree.

Glossary of NSFAS Terms

  • DHET: Department of Higher Education and Training
  • FTEN: First Time Entering
  • FTF: First Time Funded
  • MNSFSH: Policy on the Minimum Norms and Standards for Student Housing at public universities (2015)
  • NBA: National Student Financial Aid Scheme Bursary Agreement
  • NCV: National Certificate Vocational
  • NSFAS: National Student Financial Aid Scheme
  • QCTO: Quality Council for Trades and Occupations
  • SARS: South African Revenue Services
  • SASSA: South African Social Security Agency
  • TVET: Technical and Vocational Education and Training
eriqelikplimhttps://afvars.com
As the Content Writer and Web Manager at afvars.com, I'm passionate about delivering news and insights about top universities and colleges across Africa. With a focus on the higher education sector, I provide students, parents, and researchers access to comprehensive information ranging from university news to career and training opportunities.

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