Student Funding Options in South Africa
6 min read Updated June 2026
There is more than one way to pay for your studies. Knowing all your options helps you build a funding plan that gets you to graduation. Here is the full picture.
The main funding options
- NSFAS: government funding for qualifying public university and TVET students.
- Bursaries: from companies, government, SETAs and foundations — usually no repayment.
- Student loans: from banks, repayable with interest after studies.
- Learnerships: earn a stipend while you train and study.
- Part-time and holiday work to cover living costs.
Build a funding plan
- 1Start with NSFAS if you qualify on income.
- 2Apply for several bursaries in your field at the same time.
- 3Consider a learnership if you prefer to earn while studying.
- 4Use a student loan only to cover gaps you cannot fund otherwise.
- 5Budget carefully and look for part-time work to ease living costs.
Practical tips for South Africa
- Combine sources — for example a bursary for tuition plus part-time work for extras.
- Borrow as little as possible; loans must be repaid with interest.
- Apply for everything you qualify for; funding is competitive.
- Keep your marks up — most funding depends on academic progress.
Frequently asked questions
What is the best funding option?
For most qualifying students, NSFAS and bursaries are best because they generally do not require repayment. Loans should be a last resort to cover gaps.
Can I get funding if I do not qualify for NSFAS?
Yes — explore bursaries (including merit-based ones), learnerships that pay a stipend, and student loans.
Can I work while studying?
Many students do part-time or holiday work to cover living costs. Balance it carefully so it does not harm your academic performance.
Key takeaways
- NSFAS and bursaries are the best (usually non-repayable) options.
- Learnerships let you earn while you learn.
- Use loans only to cover unavoidable gaps.
- Combine sources and apply early and widely.