Choosing the right funding option for your higher education is a crucial decision, especially when considering government-backed financial aid programs like the National Student Financial Aid Scheme and the Funza Lushaka Bursary. Both options provide financial assistance to eligible students in South Africa, but they have different eligibility criteria, benefits, and obligations.
NSFAS vs Funza Lushaka: Which One is Better for You?
This guide will help you understand the key differences and decide which one is best for you.
1. Overview of NSFAS
The National Student Financial Aid Scheme is a government initiative that provides financial assistance to students from low-income households who wish to study at public universities or TVET colleges.
Eligibility Criteria for NSFAS
- South African citizenship.
- Household income of R350,000 or less per annum (R600,000 for students with disabilities).
- Acceptance into an accredited university or TVET college in South Africa.
- Satisfactory academic performance.
What Does NSFAS Cover?
- Tuition fees.
- Accommodation (or a housing allowance if living off-campus).
- Meal allowances.
- Learning materials and textbooks.
- Transport allowance (for students living within a 40km radius of the institution).
NSFAS Loan Repayment
- NSFAS funding is now primarily a bursary and does not require repayment unless the student received funding under the old loan-based system before 2018.
2. Overview of Funza Lushaka
The Bursary is a government-funded program specifically for students pursuing teaching qualifications. It aims to address the shortage of qualified teachers in key subjects and in rural areas.
Eligibility Criteria for Funza Lushaka
- South African citizenship.
- Acceptance into an accredited teaching program (Bachelor of Education or PGCE) at a public university.
- Strong academic performance, particularly in subjects aligned with national teaching needs (e.g., Mathematics, Science, and Languages).
- Commitment to teaching in a public school after graduation.
What Does Funza Lushaka Cover?
- Full tuition fees.
- Accommodation allowance.
- Meals.
- Learning materials.
- Transport allowance.
Funza Lushaka Obligations
- Graduates must teach in a public school for the same number of years they received the bursary. Failure to do so may result in having to repay the bursary amount.
Read more: How to Get Extra Financial Help as a Student (Beyond NSFAS)
3. Key Differences Between NSFAS and Funza Lushaka
| Feature | NSFAS | Funza Lushaka |
|---|---|---|
| Who It’s For | Low-income students at universities & TVETs | Students pursuing a teaching qualification |
| Field of Study | Any accredited university/TVET program | Only teaching qualifications (B.Ed or PGCE) |
| Funding Type | Bursary (loan for pre-2018 recipients) | Bursary (work-back obligation) |
| Coverage | Tuition, accommodation, meals, materials, transport | Tuition, accommodation, meals, materials, transport |
| Repayment | No repayment (except for old NSFAS loans) | Work-back agreement or repay if conditions are not met |
| Job Guarantee | No guaranteed employment | Mandatory placement in a public school |
4. Which One Should You Choose?
Choose NSFAS If:
- You want to study any course other than teaching.
- You meet the income and academic criteria.
- You prefer a bursary without a mandatory work-back agreement.
Choose Funza Lushaka If:
- You are passionate about teaching.
- You want full funding and are willing to commit to teaching in a public school after graduation.
- You meet the subject and academic requirements.
Also check: Side Hustles That Can Boost Your Income as a Student
Both NSFAS and Funza Lushaka offer excellent funding opportunities, but the right choice depends on your career goals. If you want the flexibility to study any field, NSFAS is the better option. However, if you are committed to becoming a teacher and willing to meet the work-back requirement, Funza Lushaka provides comprehensive financial support with guaranteed job placement.
When choosing between these two bursaries, consider not just the financial benefits but also your long-term career aspirations. While NSFAS allows you to pursue a wide range of careers without obligations, Funza Lushaka provides a structured path into the teaching profession with guaranteed employment. Be sure to research both options carefully and ensure that your choice aligns with your future goals.
