How To Check NSFAS Balance? (Coinvest)

ByEli Doyle

Would you like to know how to check your NSFAS balance as a student receiving assistance from NSFAS in South Africa? To ensure that you have enough funds for your studies, it is important to keep track of your funds. Here is how you can do it: First, you need to visit the NSFAS website. Once you have logged in, you can access your account. The next step is to locate the option to check your account balance. To determine how much money remains, follow the instructions. In this way, you will be able to manage your funds more effectively and ensure that you have what you need for your education.

Complete Guide: How To Check NSFAS Balance Online

It is important to understand why checking your NSFAS balance is important before learning how to do it. The NSFAS balance shows how much money you still need to help pay for your education. You should keep track of this balance so that you know how much money you have left for school. Spending your money wisely while studying can help you achieve your academic goals.

This way of checking your NSFAS balance is great for students who can get online using a computer or phone. Here’s how you can do it:

Go to the NSFAS Celbux Portal Website:

Sign in to your Account:

  • Use your phone number and password to log in and see your NSFAS account.

Find your Transactions:

  • After logging in, click on “More” and then choose “Transactions” from the list.

See your Balance:

  • On the transactions page, you will be able to see how much money you have in your NSFAS wallet as well as a list of your recent transactions.

nsfas

Via USSD

If the availability of the internet does not exist, but you need to get the remaining balance info, then try the USSD code, which is given below.

  1. The process can be initiated by dialing 134176#.
  2. Enter a valid password
  3. Press Send: Click on the Confirm option.
  4. Click on the 2nd option, like (Balance and transaction), and get info about their remaining amount.

Balance Check Through Coinvest Dashboard

The Coinvest account dashboard is the primary place where students view their financial details. Once you open the dashboard on your phone or computer, it immediately displays your current NSFAS Wallet Balance at the top.

Inside the dashboard, you can:

  • See the remaining funds
  • View transactions
  • Track any allowances that have recently been deposited
  • Monitor card purchases (if using the Coinvest NSFAS card)

This method is best for users who prefer a clean, detailed overview of their funds.

Alternative Methods for Checking Your Coinvest NSFAS Balance

In case you don’t have access to the Coinvest platform through a browser, there are other methods you can use to check your balance:

USSD Code or SMS

  • Coinvest may offer a USSD or SMS option to check your balance quickly without needing internet access.
  • If this feature is available, you would dial a specific USSD code on your phone or send an SMS to receive a balance update.
  • Check with Coinvest or NSFAS for the correct code and instructions.

Coinvest Mobile App

  • If you haven’t already, consider downloading the Coinvest mobile app from the Google Play Store or Apple App Store.
  • The app is designed to make it easier for students to manage their NSFAS funds on the go, including balance checking, tracking transactions, and more.

Email Notifications

  • Some students receive email notifications regarding their NSFAS payments and balance updates.
  • If you want to set this up, make sure your email is linked to your Coinvest account, and opt in for notifications in the account settings.

Common Issues When Checking NSFAS Balance

Here are some common problems that students face when checking their NSFAS balance and how to solve them:

  • Login Issues: If you can’t access your MyNSFAS account due to a forgotten password or locked account, follow the troubleshooting steps provided on the website or app to reset your credentials.
  • Balance Delays: Sometimes, your balance may not update immediately after transactions. If this happens, wait a day or two, or contact NSFAS to confirm.
  • Incorrect Balance: If your balance seems incorrect, reach out to NSFAS customer support or your institution’s financial aid office for assistance.

NSFAS makes it easy for you to check your bank account balance. Alternatively, you can use USSD to perform the transaction. The purpose of this is to assist students in keeping track of their financial aid. The steps outlined earlier can be followed to unlock your NSFAS wallet if necessary. As a result, you will be able to feel secure about your finances while studying. Please remember that NSFAS is available if you require assistance or have questions. When you encounter difficulties, do not hesitate to seek assistance.

FAQs

How often should I check my NSFAS balance?

You should check your NSFAS balance at least once a month to monitor your spending and ensure that your allowances are being distributed properly.

What should I do if I notice incorrect information on my balance?

Contact NSFAS or your institution’s financial aid office to resolve discrepancies.

Can I access my NSFAS balance if I’m no longer funded?

Yes, even if you are no longer receiving NSFAS funding, you can still access your account to view any outstanding or remaining balances.