Can You Withdraw NSFAS Money?

Yes, for allowances. TVET students receive NSFAS allowances directly into their own bank account, so the money can be withdrawn or used like any other funds in that account. Tuition is different: NSFAS pays it straight to your college, so you cannot withdraw it.

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What you can and cannot access

NSFAS fundingCan you withdraw it?
TVET allowances (personal care, transport)Yes, from your own bank account
TuitionNo; paid to the institution
Accommodation at accredited providersNo; since 2026 NSFAS pays providers directly
University allowancesPaid through the university in 2026

Use allowances for their purpose

  • Allowances are meant for your study costs, such as transport and personal care.
  • Claiming an allowance you are not entitled to, such as accommodation while living with family, is treated as fraud by NSFAS.

Keeping payments flowing

  1. Keep your bank details current on myNSFAS.
  2. Use an active account in your own name.
  3. Stay registered and attending classes.

Bank charges apply to withdrawals as they would to any account. The old NSFAS payment cards are no longer used for TVET allowances.

See which bank NSFAS uses.

Frequently asked questions

Can I withdraw my NSFAS allowance in cash?

TVET allowances are paid into your own bank account, so you can withdraw them as with any bank funds.

Can I withdraw NSFAS tuition money?

No. Tuition is paid directly to your college or university.

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