Does NSFAS covers Rosebank College Courses?

The National Student Financial Aid Scheme (NSFAS) plays a significant role in funding education in South Africa. It provides financial assistance to students from low-income families, making education accessible to those who might otherwise struggle to afford it. However, it’s essential to understand the limitations of NSFAS funding and which institutions it supports.

NSFAS and Private Colleges

Rosebank College, as part of the Independent Institute of Education (IIE), offers various degrees, diplomas, and higher certificates. However, NSFAS does not fund private colleges like Rosebank College. The primary reason for this is that private colleges tend to have higher tuition fees, making them less feasible for families with limited financial resources.

NSFAS and Public Colleges

While private colleges are not eligible for NSFAS funding, public Technical and Vocational Education and Training (TVET) Colleges receive support from NSFAS. Thousands of students benefit from this funding, allowing them to pursue higher education. 

Notably, NSFAS has transitioned to sending funds directly to students’ wallets rather than routing them through colleges or universities.

Exploring Alternatives

Although NSFAS doesn’t cover Rosebank College courses, students have other options. For instance, they can explore Fundi Educational Loans or consider loans offered by South African banks to finance their studies. While NSFAS remains a critical resource, it’s essential for Rosebank College students to explore alternative funding avenues.