Student funding

Examples

Examples of the Calculation of Financial Assistance (1st year of study)

Studying and living in a catering residence

Course Fees R46 500
Catering Residence R27 500
Catered Meal Plan R13 400
Incidental Allowance (eg. toiletries,airtime) R 500
Books R 3 000
Total costs R90 900
Less Expected Family Contribution R 1 750
Less Set Value Bursary (UCT) R35 000
Equals NSFAS Loan Offer R54 150

Studying and living in a self-catering residence

Course Fees R46 500
Self-catering Residence R25 800
Food/Incidental Allowance R12 000
Book Allowance R 3 000
Total costs R87 300
Less Expected Family Contribution R 1 750
Less Set Value Bursary (UCT) R35 000
Equals NSFAS Loan Offer R50 550

Studying and living in rented accommodation

Course Fees R46 500
Rental Allowance R22 400
Food /Incidental Allowance R12 000
Transport Allowance R 6 600
Book Allowance R 3 000
Total costs R90 500
Less Expected Family Contribution R 1 750
Less Se Value Bursary (UCT) R35 000
Equals NSFAS Loan Offer R53 750

Studying and living at home

Course Fees R46 500
Live at Home Allowance R 6 500
Transport Allowance R 6 600
Book Allowance R 3 000
Total costs R62 600
Less Eexpected Family Contribution R 1 750
Less Set Value Bursary (UCT) R20 000
Equals NSFAS Loan Offer R40 800

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