By By Staff Reporter (2 mins read)
NSFAS Wallet allows NSFAS-funded students at certain tertiary education institutions to receive their allowances, withdraw cash and pay for goods at participating stores or to informal traders.
Always ensure that you have access to the cellphone number you provided to NSFAS when applying for funding. This is the number it will use to deposit your funds.
To update your cellphone number, register on myNSFAS with your Facebook or Google account, and then update your cell number. Note that this new number must be unique and accessible by you at all times.
How does NSFAS Wallet work and how do I set up my NSFAS Wallet?
You will need to …
- Have been granted a NSFAS bursary. NSFAS will then send you a “Welcome” SMS advising you to verify your account;
- Dial *120*176# and enter your ID number to verify and authenticate your account;
- You will receive your password in an SMS, which will give you access to your account. Never share your password with anyone.
- Once you have received your password, you may access your account by dialing *120*176#
- You may withdraw cash from participating stores (Shoprite, Usave, Checkers, SPAR, Choppies or Pick n Pay);
- Pay for goods at participating stores (Shoprite, Usave, Checkers, SPAR, Choppies, Pick n Pay, Van Schaik, Nando’s, Romans Pizza, McDonalds, Burger King, Spur, Hungry Lion, Debonairs, RocoMamas and John Dory’s, amongst others);
- Pay an informal trader for goods using a merchant code (which involves a cellphone to cellphone transaction).
Students from these institutions receive their allowances through NSFAS Wallet
Check if your institution is part of them.
Access this link to view and/or download the full NSFAS Wallet Guide.
Feature image is a screenshot of NSFAS Wallet login page.
Youth Chronicle 
Hey.I have trouble connecting with you guys.i received my nsfas money for 3 months but since this wallet option started I am unable to get any money since,is there any possibility that that I could be assisted?i can open my nsfas account but can not connect any further because my account has been blocked
Hi, please read the article below as it can assist you in unblocking your account.
‘How Do I Unblock (Unlock) My NSFAS Wallet Account?’ Link to the article: https://wp.me/pabUSj-LM
Please let us know how everything goes.
I have a problem since I have applied for bursary last year on the second semester while I was doing N4 Human Resources Management I HV not received any tuitions fees and allowence too even this year I applied again I haven’t received it again now I’m doing N5 I keep on giving my students officers my new contact details but when I lock-in on my nsfas account I see my old number and I dnt know where must I change them my old number is 0718233036 and my new number is 0730572853 my ID no is 921113 0629 086 plz help me
Hi, you need to update your cellphone number.
To update your cellphone number, register on myNSFAS with your Facebook or Google account, and then update your cell number. Note that this new number must be unique and accessible by you at all times.
Please continue to post such an informative blog. Therefore, people like us will be motivated in real life.
Hi I have a slight problem..ever since they introduced this wallet method I have never received any allowance.i re-read registered but nothing changed..what could be the problem
Hi, it is best that you directly contact NSFAS. See below for its contact details and the platforms where one can reach NSFAS.
Tel: 0800 067 327/021 763 3200
Email: info@nsfas.org.za
Facebook: National Student Financial Aid Scheme
Twitter: @myNSFAS
Instagram: @myNSFAS