Does Nsfas work with CoInvest?

The simple answer to “Does Nsfas work with CoInvest?” is YES, the National Student Financial Aid Scheme (NSFAS) uses Coinvest as one of its service providers to disburse bursaries to eligible students.

The partnership between NSFAS and CoInvest aims to provide financial assistance to students who are unable to afford tuition fees and other related expenses. The partnership will enable students to access funding from both organizations, which will help them to complete their studies without financial constraints.

Coinvest is a fintech company that offers a range of financial services, including mobile money transactions, payments, a bank account for managing funds, virtual cards, and withdrawals. NSFAS beneficiaries can use their Coinvest accounts to receive their bursary payments, check their balance, and track their spending.

The following steps will ensure that your Coinvest NSFAS Bank account has been successfully set up.

  1. Please visit https://nsfas.coinvest.africa
  2. Sign up by clicking the green ‘Sign Up’ button
  3. Enter your ID number to confirm your identity
  4. Follow the due process

You have completed the sign-up process. NSFAS funds can now be received into this digital bank account. Sign in with your username and password at https://nsfas.coinvest.africa if you’ve previously signed up. You can reset your password here if you have forgotten it.

NSFAS partners with Coinvest to provide a more efficient and convenient way to disburse bursary payments to students. Here’s how it works:

  1. NSFAS approves students for bursaries. Students apply for NSFAS funding through the MyNSFAS portal. NSFAS assesses applications and approves eligible students for bursaries.
  2. NSFAS sends student information to Coinvest. NSFAS sends the approved students’ information to Coinvest. This information includes the student’s name, ID number, contact details, and banking information.
  3. Coinvest creates student accounts. Coinvest creates accounts for the approved students. These accounts are linked to the student’s NSFAS funding.
  4. NSFAS disburses bursary payments to Coinvest. NSFAS disburses the bursary payments to Coinvest. Coinvest then distributes the payments to the students’ accounts.
  5. Students receive their bursary payments. Students can access their bursary payments through their Coinvest accounts. They can withdraw their money from ATMs, make payments, or transfer funds to other accounts.

How To Check Balance

A detailed guide is available on how to use coinvest NSFAS to check your balance; with a physical debit card, or with coinvest WhatsApp pay.

Contact Coinvest

Please use the following contact details if you need assistance opening or using this digital bank account.

Sales

  • sales@coinvest.africa
  • +27 11 507 5555

Support

  • support@coinvest.africa
  • +27 11 507 5555
  • 080 001 4551

NSFAS’s partnership with Coinvest is a positive step towards improving the efficiency and convenience of disbursing bursary payments to students. Coinvest’s platform provides a secure and easy-to-use way for students to access their bursary funds.

Overview of Public Universities in South Africa

Here's an overview of some public universities in South Africa, including general admissions requirements and estimated application periods. Keep in mind, specific program requirements and dates can vary significantly, so it's important to check each university's official website for the most current information.

University of Pretoria

  • Admissions Requirements: National Senior Certificate with minimum scores in specific subjects related to the chosen program; for international students, equivalent qualifications.
  • Application Period: Usually opens in March and closes at the end of July for most programs.

University of Cape Town

  • Admissions Requirements: National Senior Certificate with pass levels required for degree study; subject-specific requirements depending on the program.
  • Application Period: Application opens in April and closes at the end of July.

Stellenbosch University

  • Admissions Requirements: National Senior Certificate with required marks; some programs have additional testing.
  • Application Period: Opens in March and typically closes at the end of June.

University of the Witwatersrand

  • Admissions Requirements: Matriculation certificate with university exemption; required scores vary by faculty.
  • Application Period: Begins in March and ends on the 30th of September.

University of Johannesburg

  • Admissions Requirements: Matric exemption with a minimum APS score; specific subject requirements based on the faculty.
  • Application Period: Opens in April and generally closes by the 30th of September.

University of the Free State

  • Admissions Requirements: National Senior Certificate with specific marks for the program applied to; additional requirements for certain courses.
  • Application Period: Typically opens in April and closes at the end of August.

University of Venda

  • Admissions Requirements: Completion of the National Senior Certificate with an endorsement for diploma or degree studies; specific APS scores needed.
  • Application Period: Usually from May to September.

University of Fort Hare

  • Admissions Requirements: National Senior Certificate with university exemption; certain programs may have specific requirements.
  • Application Period: Opens around May and closes at the end of September.

University of the Western Cape

  • Admissions Requirements: National Senior Certificate with specific performance levels; additional requirements for certain programs.
  • Application Period: Generally from May to September.

North-West University

  • Admissions Requirements: National Senior Certificate with university exemption; program-specific requirements may apply.
  • Application Period: Opens in March and usually closes by the end of August.

Rhodes University

  • Admissions Requirements: National Senior Certificate or equivalent; minimum academic performance in certain subjects.
  • Application Period: Applications open in April and close at the end of September.

Nelson Mandela University

  • Admissions Requirements: National Senior Certificate with required scores for chosen programs; portfolio or additional tests for some faculties.
  • Application Period: Opens in April, with a deadline at the end of August for most programs.

Cape Peninsula University of Technology

  • Admissions Requirements: National Senior Certificate with specific scores; additional requirements for certain courses.
  • Application Period: Opens in May and typically closes by the end of September.

University of Limpopo

  • Admissions Requirements: Senior Certificate with endorsement for diploma or degree courses; specific APS scores for different programs.
  • Application Period: From April to September.

University of Zululand

  • Admissions Requirements: National Senior Certificate with an endorsement for bachelor’s degree studies; specific score requirements for various programs.
  • Application Period: Usually between April and November.

Central University of Technology

  • Admissions Requirements: National Senior Certificate with specific scores for the chosen field of study; additional criteria for certain programs.
  • Application Period: Application period generally starts in May and ends in October.

Vaal University of Technology

  • Admissions Requirements: National Senior Certificate with a pass that qualifies for admission to bachelor’s degree, diploma, or higher certificate programs.
  • Application Period: Typically from May to September.

Walter Sisulu University

  • Admissions Requirements: National Senior Certificate with required scores for chosen programs; additional criteria for certain faculties.
  • Application Period: From April to September.

This list provides a starting point for understanding the admissions landscape across South Africa's diverse higher education institutions. Given the variability in programs and requirements, it's crucial to consult each university's website for the most accurate and up-to-date information.

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