NSFAS Wallet: How to Access your Account Balance 2024
In today’s digital age, managing your finances should be seamless and convenient. For South African students receiving financial aid through the National Student Financial Aid Scheme (NSFAS), accessing and monitoring your funds is essential for budgeting and planning. In this guide, we’ll walk you through the steps to effortlessly check your NSFAS Wallet account balance in 2024.
NSFAS Wallet: How to Access your Account Balance 2024
How to Access your NSFAS Wallet Account Balance
Accessing your NSFAS Wallet account balance is a straightforward process. Follow these simple steps to gain insight into your financial aid funds:
Dial the USSD Code
Using your mobile phone, dial the USSD code 134176# . This code serves as the portal to your NSFAS Wallet account.
Enter Your Password
Upon dialing the USSD code, you’ll be prompted to enter your password. Input the password associated with your NSFAS Wallet account.
Also see How To Register For A NSFAS Wallet Account in our previous article.
Select the Balance Inquiry Option
After entering your password, select the option for balance inquiry. This will prompt the system to retrieve and display your NSFAS Wallet account balance.
Review Your Account Balance
Once the balance inquiry is complete, your NSFAS Wallet account balance will be displayed on your screen. Take note of the available funds and any recent transactions to stay informed about your financial aid status.
Additional Methods for Checking Your Balance
In addition to the USSD code method, there are other ways to check your NSFAS Wallet account balance:
Online Portal: Visit the NSFAS website and log in to your account to view your account balance.
Mobile App: Utilize the NSFAS mobile app to access your account balance and transaction history on the go.
In summary;
USSD Code
Dial the Code: Using your mobile phone, dial 134176#.
Enter Password: Input your password when prompted.
Choose Option: Select the “Send” option.
View Balance: Follow the prompts to inquire about your cash balance and completed transactions.
How to withdraw cash using nsfas wallet
Methods of Cash Withdrawal
Accessing cash from your NSFAS Wallet can be achieved through various methods, each offering convenience and flexibility:
Cash Withdrawal Merchants
NSFAS has partnered with several retail outlets where students can withdraw cash. These include Checkers, Boxer, U-Save, and select Spar stores. Simply visit any of these merchants and follow the withdrawal process outlined at their respective cash withdrawal points.
Mobile App Withdrawal
Another convenient method is through the eZaga mobile app. Follow these steps:
Log into the eZaga mobile app.
Navigate to the “Withdraw Zaga” section.
Select “Nedbank ATM” as the withdrawal option.
Enter the desired withdrawal amount and proceed to complete the transaction.
Keytakeaway
USSD Code
For those preferring a more traditional approach, the USSD code system provides an easy avenue for cash withdrawal. Follow these steps:
Dial 134176# from your mobile phone keypad.
Enter your NSFAS Wallet password.
Select the “Cash Voucher” option.
Enter the amount you wish to withdraw, and you’ll receive a voucher
How to reset your nsfas wallet password
Resetting your NSFAS Wallet password is a straightforward process. Follow these steps to regain access:
Visit the NSFAS Website
Navigate to the NSFAS website and locate the login portal for your myNSFAS account .
Access Your myNSFAS Account
Log in to your myNSFAS account using your existing credentials. If you have forgotten your password, look for the option to reset it.
Initiate the Password Reset Process
Once logged in, locate the option to reset your password. This may be found in the account settings or security settings section of your myNSFAS dashboard.
Follow the Verification Steps
To ensure the security of your account, you may be required to verify your identity. This could involve providing additional information or answering security questions.
Choose a New Password
After successful verification, you will be prompted to create a new password. Choose a strong and unique password that is easy for you to remember but difficult for others to guess. Avoid using easily identifiable information, such as your name or date of birth.
Confirm and Save Changes
Once you have selected a new password, confirm the changes, and save your updated account information. You should now be able to access your NSFAS Wallet using your new password.
Conclusion
Ensuring financial transparency and accessibility is paramount for students relying on NSFAS funding. By following the steps outlined above, you can effortlessly monitor your NSFAS Wallet account balance in 2024, empowering you to manage your finances with confidence and ease.
With easy access to your NSFAS Wallet balance, you can focus on pursuing your academic goals without the stress of financial uncertainty.
