The scheme also received 1,261 appeals.
”It is important for unsuccessful applicants to note that they have the opportunity to appeal such NSFAS decisions by submitting relevant supporting documents between January 20 and February 20 2023,’’ said Khosa.
He said 613,909 applications were approved for funding. Of this figure, about 338,320 are continuing students and 275,589 are new applicants. The scheme is still processing other applications.
He said 210,679 applications are still being assessed in terms of their financial eligibility, 149,202 applications are awaiting academic eligibility and 273,746 are awaiting evaluation.
NSFAS applications opened on September 28 last year and closed on Tuesday January 31.
Meanwhile, higher education minister Blade Nzimande announced yearly allowances for NSFAS-funded university and TVET college students for the year.
Nzimande said students living in universities that provide accommodation and catering will receive a R5,460 learning material allowance and a R61,500 accommodation.