2. New student-centred funding model
New model:
Student Centred
Funding follows the student
Student knows funding status before registration
Apply once only for a course of study
Apply through different channels
New Applications
Student applies online – and other channels
Ranked after results and provisionally funded
Registration
Signs online Loan Agreement/Schedule of Particulars
Allowances paid within 48 hours
Continuing Students
Confirm returning student listing – no application required
Ranked after results and provisionally funded
Registration
Allowances paid within 48 hours

3. Loans & Bursary Operations
Application Channels
Evaluation
Loans & Bursary Operations
Online
Assisted Capture
Application Results to Students/Universities/ From DHET for TVET Colleges
Provisionally funded Students
Drop-And-Go
Information exchange between
NSFAS & Institutions

4. And after listening … the final product is

6. Business Process 2: Assisted Capturing

7. Business Process 3: Drop-and-Go