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nsfas wallet

NSFAS Wallet

As a successful applicant of NSFAS, you are provided with nsfas wallet.

What is NSFAS Wallet?

It is a wallet that allows nsfas beneficiary to spend or withdraw funds provided by the scheme. You can spend cash at NSFAS accredited merchants. Allowances amounts are determined by nsfas in consultation with the institution’s authorities.

nsfas wallet

Note the following about nsfas wallet

  • Before you can receive funds, you should have met all the requirements both supporting documents and academic credence.
  • A “welcome” SMS will be received on the cell phone number used to register. You will be asked to verify your account
  • As a matter of caution, make sure the cell phone number used in applications will always be with you since that is the number the scheme will use to transfer funds to you.
  • You can withdraw cash at any of the partner merchants, Checkers, Boxer and Selected Spar Stores. Such stores have a daily withdrawal limit of R200 to R1000.
  • If the store is registered, you can spend up to the maximum amount available on your wallet, as there are no daily limitations.

NSFAS Wallet Guide

  • After being granted bursary funds and received SMS alert to welcome you:
    • Dial *134*176# and input your ID number to verify ownership of the account.
    • An SMS will be sent to you containing your password which will enable you to access your account.
    • Dial *134*176# after you have received your password.
    • You can withdraw cash from accredited stores at Usave, Shoprite, etc
    • You can also pay for goods and services at Romans Pizza, Shoprite, Burger Kings, McDonald’s, Usave etc.
  • How To create a Cash Voucher for Withdrawal
    • On Phone
      • Dial *134*176#
      • Enter the password
      • Click on “Send”
      • Select Option 1 – Cash Voucher
      • Click on “Send”
      • Enter the amount and click on “Send”
      • Your new cash voucher number will be displaced.
    • On the Online Portal
      • Visit
      • Enter the cell phone number and password and click on “Login”.
      • Click on “Pay”
      • Input the amount of cash to withdraw
      • Click “Done”
  • Withdrawing Cash at Accredited Stores
    • On Phone
      • Dial *134*176#
      • Enter Password and click “Send”
      • Select Option 3 – Vouchers
      • Click on “Send” and read the voucher number to the cashier
    • On the Online Portal
    • Pro Tip: If you withdraw or spend the total amount of cash on the voucher, the balance will automatically be credited to your main account balance.
    • Making a payment to an informal merchant
      • Dial *134*176#
      • Enter the password and  select option 4
      • Enter the Merchant Code
      • Enter the amount and click on Send.

As a caution all beneficiaries, always keep your account details safe as some unscrupolous people can easliy access your funds if they have your account ID and password.

If you have forgotten your nsfas online account password, you can do account rest here

You can download the nsfas wallet guide in pdf format from the button below.

Download NSFAS Wallet Guide

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