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Bogus NSFAS exploits social media in an attempt to swindle students

National Student Financial Aid Scheme (NSFAS) has distanced itself from a circular shared on social media purporting to be a legitimate organization, claiming their allowance for the 2022 academic year would be increased.

“Applicants should be wary of fake websites and social media platforms that encourage them to apply for funding to share their personal information, or unlock their NSFAS wallet accounts.”

NSFAS says the circular contains false information.

According to NSFAS, widely spread false information has begun appearing recently on social media platforms to defraud students.

In a statement on Friday, the NSFAS warned students to be vigilant.

“We have identified the bogus platforms masquerading as NSFAS, and have notified the authorities for further investigation.”

“We appeal to students, prospective applicants and the public to report any suspicious messages or phone calls from fraudsters posing as NSFAS officials.”

Students should report any fraudulent activities to the Vuvuzela Hotline at 0860 247 653.

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