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Home NSFAS Updates

NSFAS Wallet: How to Check NSFAS Account Balance

Orhan Mponda by Orhan Mponda
September 28, 2024
in NSFAS Updates
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NSFAS Wallet: How to Check NSFAS Account Balance Be detailed about NSFAS Wallet this article will lead to Check NSFAS Account Balance.

Table of Contents

Toggle
  • What is an NSFAS Wallet?
  • How to Check Your NSFAS Wallet Balance
  • 1. Online via the Internet
  • 2. Via USSD
  • How to Activate and Use Your NSFAS Wallet
    • Step 1: Receive the Welcome SMS
      • Importance of the Welcome SMS
      • What to Expect in the SMS
      • Keeping Your Mobile Number Active
      • Action Required Upon Receiving the SMS
      • Security Considerations
  • Step 2: Dial the USSD Code
      • How the USSD Code Works
  • Step 3: Create a Secure Password
      • Steps to Set Your Password
      • Importance of a Strong Password

What is an NSFAS Wallet?

An NSFAS Wallet is a virtual account linked to your cellphone number.

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It allows you to receive and manage your NSFAS allowances electronically.

You can use your wallet balance to:

  1. Withdraw cash at participating retailers like Checkers, Shoprite, Usave, Boxer, and select Spar stores.
  2. Make purchases directly at any registered merchant.

How to Check Your NSFAS Wallet Balance

1. Online via the Internet

This the most affordable and simplest way of checking your wallet cash balance.

Simply visit www.celbux.appspot.com and follow these simple steps:

  • Log into your account using your cellphone number and password;
  • Click More then Transactions
  • View transactions

That’s it. On the transactions page, you’ll see your history and the remaining balance on your wallet or allowance by NSFAS, if you’ve qualified.

Sometimes students struggle to log into the system due to incorrect or outdated information. So always ensure your contact details are updated so that it’ll be easier for you to request a password reset.

2. Via USSD

This option only requires you to use a phone device, no internet connection is required for this process.

  • Pick up your phone and dial 134176#: Carry out this step by simply using your mobile phone to key in the code in order to commence the USSD session.
  • Input the password you registered: When you are directed to do so, kindly input the password that you created when registering for the NSFAS Wallet. This helps to protect and keep your NSFAS account private.
  • Press 2 for Query: After a successful login, you will be shown a list of options from which to choose. Press option 2, which is for querying account information.
  • Check cash balance as well as transaction details: When you choose option two, you will have access to your NSFAS Wallet in which information about the current cash balance again the recent cash transactions within the period of watch will be available enabling one to track their expenditure and financial activities.

How to Activate and Use Your NSFAS Wallet

Step 1: Receive the Welcome SMS

Once your application with NSFAS is granted and your wallet can be readied for activation, the first important step is accessing and activating your phone – a welcome SMS from NSFAS. This is sent to the cell phone number that you provided during your application process, signalling that it is now time to start setting up your NSFAS Wallet.

Importance of the Welcome SMS

The Welcome SMS is not just a notification—it contains essential information and instructions needed to activate your NSFAS Wallet. It serves as the official confirmation that your NSFAS Wallet is ready to be set up and is a vital communication link between you and NSFAS.

What to Expect in the SMS

The SMS will typically include:

  • A greeting and confirmation that your NSFAS Wallet is ready for activation.
  • Instructions for the next steps, typically involving verification processes like dialing a USSD code.
  • A temporary password or link to set up your wallet or change your password for security purposes.
Keeping Your Mobile Number Active

It is crucial to ensure that the mobile number you provided during your application remains active and able to receive SMS. If there are any changes to your mobile number, you should update it with NSFAS immediately to avoid any disruptions in receiving important notifications and accessing your funds.

Action Required Upon Receiving the SMS

Upon receiving the Welcome SMS:

  1. Read the instructions carefully.
  2. Follow the initial steps provided in the SMS to begin the activation process. This often includes verifying your identity and setting up a secure password.
  3. Keep the SMS saved or note down any important information it contains, as it may be helpful for future reference.
Security Considerations

Ensure that your mobile phone is secure and that only you can access the messages and personal data on it. Since your phone will be used for financial transactions, it’s advisable to use a password or PIN to lock your device.

Step 2: Dial the USSD Code

Start the activation by dialing *120*176# from your mobile phone. This USSD code is essential for initiating the activation process and verifying your identity linked to the NSFAS system.

How the USSD Code Works

When you dial the USSD code, you will be presented with a menu that guides you through several options:

  1. Verification of your identity: You will be prompted to enter your South African ID number. This step is crucial for confirming that the correct account is being activated and that it is linked to your verified identity.
  2. Password setup: As part of the security process, you may be prompted to create or confirm a password that will be used for future transactions. This ensures that only you can access your funds.
  3. Account confirmation: The final step typically involves confirming that all details are correct and that your NSFAS Wallet is ready to be used.

Step 3: Create a Secure Password

After dialing the USSD code, you will be prompted to create a password. This step is vital for protecting your funds. Choose a strong password that is hard to guess and remember never to share it with anyone to avoid fraud.

Steps to Set Your Password
  1. Input your desired password: When prompted, enter the password you wish to use for your NSFAS Wallet.
  2. Confirm your password: You’ll likely be asked to re-enter your password to ensure there are no typos.
  3. Complete the setup: Follow any additional instructions to finalize setting your password.
Importance of a Strong Password

A strong password ensures that your funds are protected from unauthorized access. It prevents potential fraudsters from easily guessing your password, thereby safeguarding your financial information and the allowances disbursed by NSFAS.

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Orhan Mponda

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