My NSFAS SBUX

How do I check my sBux NSFAS,My NSFAS SBUX

sBux is a cellphone allowance system used by NSFAS to disburse student allowances for private accommodation, food, books and travel. NSFAS now uses the NSFAS wallet system for TVET College students. The financial aid scheme hopes to have all TVET students using bank accounts instead of NSFAS wallets in the near future. know how to activate sbux, How to Check Your SBUX Balance in NSFAS, How much the monthly NSFAS allowance and much more right here

How To Activate sBux

• Receive SMS to welcome you to sBux
• Dial *134*176#
• Enter your ID number
• You are now verified on sBux
• Await an SMS from NSFAS with your password
• You will receive an SMS within 3 working days to inform you that the funds are available

 VERIFY YOUR sBUX ACCOUNT

•  Dial *134*176# (for free!) and it will ask you for your ID number.
•  Enter ID number and wait 5 minutes.
• You will receive an SMS with your sBux password.

 RECEIVE YOUR NSFAS ALLOWANCE

• You will receive your allowance within 48 working hours after receiving your password.
•  You will receive an SMS from NSFAS once the allowance is available in your account.

 ACCESS YOUR NSFAS ALLOWANCE

• After you receive an SMS confirming your allowance, dial *134*176# and enter your PASSWORD.
•  You will see a cash balance on top. This is your wallet. You will now need to create a cash voucher.

CREATING NSFAS CASH VOUCHER

• Dial *134*176# and enter your PASSWORD and select SEND
• Select Option 1 to create a cash voucher and then SEND
•  Enter AMOUNT and SEND.

How much is the monthly NSFAS Allowance 

NSFAS allowances mostly range between the amount stated below

• Personal care costs – R2,900 monthly paid annually
• Hostel accommodation – R33,000 per year
• Transport allowance – R7,350 monthly paid annually
• Private residents – R25,200 paid monthly on an annual basis for accredited properties
• Annual NCV (Including PLP) – 10 payments per month
• R191 Trimester – 3 monthly payments during the Trimester
• R191 Semester – 5 monthly payments during the semester

How Much Do I Owe NSFAS

The payback amount rises to a maximum of 8% of your yearly earnings once it reaches R59,300 and above and begins at a fixed rate of 3% of your salary annually. So if your wage is R30,000 per year, you will repay R900, for example. The corresponding monthly amount is R75.

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