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Social Relief of Distress grant extended to March 2024

The COVID-19 Social Relief of Distress (SRD) Grant – also known as the R350 grant – is expected to be extended to the end of March 2024. This as government continues to consider options for a replacement for the grant with no decision taken yet on how the replacement will be financed. Finance Minister Enoch Godongwana announced the extension of the grant during his presentation of the Medium Term Budget Policy Statement in Parliament on Wednesday afternoon. “The SRD grant was introduced in May 2020 as a temporary measure to respond to the needs of the most vulnerable, who were affected by [COVID-19 induced] lockdown measures. It has been extended several times since then. Discussions on the future of the grant are ongoing and involve very difficult trade-offs and financing decisions,” he said. As a result of the extension of the SRD grants, other social grants – such as old age grants and disability grants – will increase lower than inflation. According to Treasury, the SRD grant is ex

New My Unisa electronic funds transfer (EFT) process for student refunds and allowances

 

New My Unisa electronic funds transfer (EFT) process for student refunds and allowances
New My Unisa electronic funds transfer (EFT) process for student refunds and allowances

The University of Republic of South Africa (Unisa) can in future use a replacement newt method to deposit refunds and/or allowances into the accounts of scholars qualifying for such payments.


The steps within the method area unit as follows:


    1. If you qualify for a refund and/or allowance, associate email are sent to your myLifeemail account, containing the relevant data in conjunction with a secure link to a website wherever the relevant banking details should be entered and submitted.

    2.After reading the e-mail fastidiously, click on the link, enter your banking details and submit these. NB: solely your own, active checking account may be used. Payments to third-party accounts won't be processed. The account particulars are verified against your ID variety.

    3.The verification standing of the main points you've got submitted are displayed. this might not occur instantly –revisit the link till such time because the data is created on the market.

    4.If the checking account verification fails or is rejected, enter your banking details and check that that they're correct.


Queries may be directed to the Unisa board of directors of Student Funding – dsfref@unisa.ac.za


Take note of the following: Refunds will take up to fifteen operating days to be mirrored in your account.


NSFAS allowances are processed doubly a month, within the 1st and also the third week of every month.

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