A Guide to Cancel NSFAS to Receive an SRD Grant

The National Student Financial Aid Scheme (NSFAS) and the Social Relief of Distress (SRD) Grant are both financial assistance programs in South Africa. They aim to support students and individuals facing financial difficulties.

However, if you are currently benefiting from NSFAS funding and intend to apply for the SRD Grant, you must first cancel your NSFAS application. This article provides a step-by-step guide on how to do this.

Understanding NSFAS and SRD Grant

NSFAS is a program that supports undergraduate students with their study expenses. The SRD Grant, however, is a short-term grant that the South African government launched to help people and households affected by the COVID-19 crisis. While both NSFAS and the SRD Grant aim to provide financial assistance, they cater to different groups of people and have different eligibility criteria.

Why Cancel NSFAS?

Students who have a change in their financial situation or who get other funding sources may need to cancel their NSFAS application. Keeping correct records with NSFAS is very important. An application that is not canceled can cause avoidable administrative problems and may even harm future funding chances.

How to Cancel NSFAS Application

To cancel your NSFAS application, follow these steps:

Visit the NSFAS website and log into your MyNSFAS Account.
Click on ‘Track Funding Progress’.
Select ‘Cancel Application’.

NOTE: All the information will be sent online, and you don’t have to submit any documents.

Applying for the SRD Grant

After successfully cancelling your NSFAS application, you can now apply for the SRD Grant. Here are the steps to do so:

Visit the SASSA SRD website.
Enter your Mobile Number and click ‘send SMS’.
You’ll receive a One Time Pin (OTP).
Enter the OTP and continue to complete the SASSA R350 application by filling in the required information.

To be eligible for the SRD Grant, you need to be a South African citizen, permanent resident, or refugee/asylum seeker with legal documents, have no job or income, and not get any social grant, UIF payment, NSFAS stipend, or other government financial support.

Conclusion

In conclusion, while transitioning from NSFAS to the SRD Grant may seem daunting, it’s a straightforward process when you understand the steps involved. Always ensure to keep your records up to date to avoid any potential complications.