NSFAS Wallet For Receiving Allowance Explained
The NSFAS Wallet is a financial tool provided by the National Student Financial Aid Scheme (NSFAS) in South Africa. NSFAS is responsible for administering loans and bursaries to eligible South African students to help them finance their tertiary education. The NSFAS Wallet is designed to disburse funds directly to students, allowing them to use the money for various educational expenses like tuition fees, accommodation, textbooks, and other necessities.
The NSFAS Wallet operates similarly to a standard electronic wallet or prepaid card system. Once students receive financial aid from NSFAS, the funds are loaded onto their NSFAS Wallet accounts. They can then access these funds using a mobile phone or through designated NSFAS service points. The wallet allows for secure and convenient transactions, providing students with greater flexibility in managing their educational finances.
NSFAS Wallet Registered Account
- Once NSFAS creates your NSFAS Wallet account, you will receive a “Welcome” SMS prompting you to verify your account.
- It’s essential to always ensure you have access to the cell phone number you provided to NSFAS during your application. This number will be used for depositing your funds.
- If you need to withdraw cash, you can do so at any of our cash withdrawal merchants, including Checkers, Boxer, U-Save, and select Spar stores. Please note that these stores enforce daily cash withdrawal limits ranging from R200 to R1000 per day.
- There are no spending limits at registered stores, meaning you can use your cash wallet to make purchases up to its maximum value.
List of Colleges Students Can Receive allowances via NSFAS Wallet
Please be aware that allowances via NSFAS Wallet are exclusively provided to students enrolled at the following institutions.
| Capricorn TVET College | Central Johannesburg TVET College |
| Coastal KZN TVET College | East Cape Midlands TVET College |
| Ehlanzeni TVET College | Ekurhuleni East TVET College |
| Ekurhuleni West TVET College | Elangeni TVET College |
| Esayidi TVET College | Flavius Mareka TVET College |
| Goldfields TVET College | Gert Sibande TVET College |
| Ingwe TVET College | King Hintsa TVET College |
| Letaba TVET College | Lephalale TVET College |
| Majuba TVET College | Mnambithi TVET College |
| Mopani South East TVET College | Motheo TVET College |
| Mthashana TVET College | Nkangala TVET College |
| Orbit TVET College | Port Elizabeth TVET College |
| Sekhukhune TVET College | Taletso TVET College |
| Thekwini TVET College | Tshwane North TVET College |
| Umfolozi TVET College | Umgugundlovu TVET College |
| Vhembe TVET College | Vuselela TVET College |
| Waterberg TVET College |
How to get started (1st time users)?
- Receive an SMS welcoming you to NSFAS Wallet
- Verify your account by dialing *120*176# and reply with your ID number
- Receive a password that you will use when transacting. Note that you need to keep this password secure at all times as anyone with access to your password may access or spend your money. It is advisable to log in to Celbux.appspot.com with your 5 digit password and update your password to something more secure and memorable.
- Do not keep or save your password on your cell phone and always keep your cell phone’s screen locked with a password or pin.
For more information can visit NSFAS Wallet https://www.nsfas.org.za/content/nsfas-wallet.html
