National Student Financial Aid Scheme banking details

Get all National Student Financial Aid Scheme banking details in the information provided below

Electronic Funds Transfer (EFT)

If you would like to do an EFT each month these are our bank details.
Name of Account: National Student Financial Aid Scheme
Branch Code: 210554
Bank: First National Bank
Account Number: 500 600 28203
Please use your ID Number (6711165000000) as a reference when making payments

National Student Financial Aid Scheme is added as a predefined beneficiary at the following banks:
1. Capitec Bank
2. FNB
Just look for “National Student Financial Aid Scheme” in their list of beneficiaries

Debit Order

If you don’t want to worry about remembering to pay your National Student Financial Aid Scheme loan every month, this is a good option for you. Just complete the electronic debit order form and submit it.
Complete the attached form and email it back to [email protected]

Salary Deduction

Your employer can make deductions from your income and pay it over to National Student Financial Aid Scheme. Print and complete the form and submit to your employer.

Africa Direct Life is a registered Financial Service Provider (FSP 45834) contracted to National Student Financial Aid Scheme to assist in contacting National Student Financial Aid Scheme beneficiaries to start making repayments on their National Student Financial Aid Scheme loans.

ARA Group is proud to be partnering with National Student Financial Aid Scheme. This partnership will see ARA applying it’s Collections and Revenue Management experience to successfully enable beneficiary repayment, and with that, ‘pay it forward’ strategy of the National Student Financial Aid Scheme loan

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