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NSFAS expresses concern over ‘disinformation and bogus websites’

The National Student Financial Aid Scheme (NSFAS) will often share information about new scams and attempts at fraud around student funding and has now, over the weekend, issued a another statement addressing one of these latest schemes.

“(NSFAS) is aware of a fake Circular Notice 22 circulating on social media platforms regarding the NSFAS allowance Increase for the 2022 academic year. NSFAS can confirm that the Circular is fake and consists of false information,” the statement reads.

This latest deception is once again praying on two aspects of tertiary students: their NSFAS wallets and applications for funding.

Starting with the latter and applications for funding for the 2022 academic year has not opened yet. With 2021 so close to ending many students are worried about not acquiring funding in time, which has lead scammers to pray on these individuals with lies about early applications.

When it comes to NSFAS wallets there is a litany of scams around them with criminals trying to separate students from their funding. You can see many of these on Twitter where students ask for assistance only for fake accounts to reply offering some kind of assistance.

These wallet scams usually revolve around promising students something like extra funding or assistance in accessing their wallets. The scammers will then either ask for a fee for a service that doesn’t exist or access the wallets and clean them out.

The “bogus websites” are fake sites created to look like the official NSFAS one. These sites are made to trick students into providing their login details to again access funds inside of wallets. This kind of scam is, again, nothing new.

“We are disturbed by the increasing disinformation in recent weeks, where false information that is spread deliberately disseminated to deceive. We encourage our students to be vigilant. We identified all bogus platforms that masquerade as NSFAS, and we have reported them to the relevant authorities for further investigation. Students, prospective applicants and the public are urged to repent suspicious messages or calls from fraudsters posing as NSFAS officials or any fraudulent activities to the Vuvuzela Hotline on 0860 247 653,”

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