University of South Africa (UNISA) To Disburse NSFAS Allowances Differently
The University of South Africa (UNISA) has recently announced that there will be some changes with regards to how they disburse NSFAS allowances to their students. So it may be crucial for you to know or pay attention to this if you are a Unisa student who relies on NSFAS to fund your studies.
Over the previous years, Unisa has been making use of Intellimali’s services to facilitate NSFAS payments.
However, this is due to change soon, because the agreement between Unisa and the payment administrator ended on 31 March 2022 and will not be renewed.
Alternatively, Unisa has said that they are in the process of preparing to pay allowances directly to students’ bank accounts.
The three-year agreement between UNISA and Intellimali for the disbursements of allowance has come to an end on the 31st March 2022. UNISA is in the process of preparing to pay allowances directly to students’ bank accounts.
Thus the university has urged all students to ensure that they have active bank accounts. They will then be directed to a platform to capture their banking details.
The university further stated that they are working tirelessly to ensure that allowances are released during the month of April 2022.