Which Bank Does NSFAS USE 2025

How do you put your banking details on NSFAS, Which Bank Does NSFAS USE 2025

The National Student Financial Aid Scheme (NSFAS) is a program in South Africa that offers financial help to students from poor backgrounds who need assistance to pursue higher education. When discussing the funding of higher education in South Africa. A frequently asked question by recipients and applicants of NSFAS is which bank handles the distribution of funds. Find the banking partners of NSFAS and information on how funds are received from the program below.

SEE ALSO: NSFAS Requirement 2025-2026

When Will NSFAS Disburse Allowance To Bank Account

• 24th May 2025

List Of NSFAS Bank Partners 2025

NSFAS was partnered with First National Bank (FNB), Absa, Standard Bank And Capitec Bank as its collaborator.

• FNB (First National Bank):

FNB is one of NSFAS’s primary banking partners. Students may now access their monies through FNB accounts, allowing for simple transactions and financial monitoring.

• Absa:

Absa, formerly known as Barclays Africa Group, is a member of the NSFAS banking network. Absa is a bank that students may use to manage their NSFAS funds.

• Standard Bank

Standard Bank is also one of the banks involved in NSFAS. Students who are eligible for financial help may be able to link their NSFAS accounts to Standard Bank for streamlined financial transactions.

How Can I Submit MyNSFAS Bank Account Details 2025

to receive your NSFAS Allowance, send your bank details to the scheme secretariat through these steps.

Step 1:

• Visit “www.nsfas.org.za” and click on the “myNSFAS portal” section.

Step 2:

• access the site by Logging in using your myNSFAS account username and password.

Step 3:

• after logging in, select the “bank account details” option under the ‘Profile Information’ section.

Step 4:

• Fill in your banking details from a bank of your choice.

Step 5:

• Click on the “save” button.

Step 6:

• NSFAS will verify the submitted banking details with your bank for successful submission.

NSFAS Bank Details/ What Student Must Avoid 2025

Students Should Be Careful And Avoid The Following:

• Do Not Provide More Than One Bank Account Details.
• Do Not Provide Details Of An Inactive Bank Account.
• The Bank Account Should Belong To YOU, Do Not Share Your Details With Anyone.

READ MORE: When Is NSFAS Application 2025-2026

NSFAS Contact Information

• Website: www.nsfas.org.za
• Email: info@nsfas.org.za
• South African students: 0860 067 327
• International students: +27 21 763 3232
• Physical Address: 10 Brodie Road, Wynberg, Cape Town, South Africa, 7700
• Postal Address: Private Bag X1, Plumstead, Cape Town, Western Cape, South Africa, 7801

For more information visit the official website. Hope the provided information is helpful, kindly leave a comment below.