Coinvest

In the pursuit of fostering financial inclusivity and ensuring that students have access to their funds seamlessly, Coinvest has collaborated with NSFAS (National Student Financial Aid Scheme) to provide a convenient and efficient platform for managing student finances. This collaboration aims to eliminate any undue disadvantages that students may face and streamline the process of accessing and managing funds. In this blog post, we will explore the key aspects of Coinvest’s partnership with NSFAS and provide a step-by-step guide on how students can check their Coinvest NSFAS balance, withdraw funds, and apply for Coinvest.

Empowering Students: A Guide to Coinvest and NSFAS Collaboration

Coinvest’s Collaboration with NSFAS:

Unisa, through its Student Funding Directorate, Coinvest, and student leadership, has joined hands with NSFAS to find practical solutions that ensure students are not unfairly disadvantaged. This collaboration underscores the commitment to creating a financial ecosystem that caters to the unique needs of students, enabling them to focus on their studies without unnecessary financial burdens.

Checking Your Coinvest NSFAS Balance Online:

One of the essential features of the Coinvest and NSFAS collaboration is the ability for students to easily check their balances online. To do this, follow these simple steps:

1. Visit nsfas.coinvest.africa/auth/login.
2. Input your username and password.
3. Log in to your account.

Once logged in, you will have access to information about the balance in your digital, physical, and virtual accounts. This transparency empowers students to stay informed about their financial status at all times.

Withdrawing Money from Coinvest:

If you’ve received funds from NSFAS into your newly-created digital bank account and need to make a withdrawal, the process is straightforward:

1. Download the Coinvest app from the Google Play Store, App Store, or AppGallery based on your device.
2. Log into your account using your credentials.
3. Navigate to the withdrawal section within the app.

Following these steps, you will be able to initiate the withdrawal of funds from your Coinvest account, providing you with the flexibility to manage your finances efficiently.

Applying for Coinvest:

To benefit from the features offered by Coinvest, including the digital banking experience tailored for students, follow these steps to register:

1. Visit the official Coinvest website.
2. Register for an account.
3. Enter your ID number.
4. Complete your personal information.
5. Upload a valid Personal Identification Document.
6. Prepare to take a selfie with a thumbs-up gesture close to your face in front of a light-colored wall.

By completing these registration steps, you will gain access to the Coinvest platform, where you can manage your finances seamlessly and take advantage of the collaboration with NSFAS.

Coinvest’s collaboration with NSFAS signifies a positive step towards financial empowerment for students. The integration of digital banking services tailored for student needs ensures that managing funds becomes a hassle-free experience. By following the provided guidelines on checking balances, withdrawing funds, and registering for Coinvest, students can take control of their financial well-being, allowing them to focus on their education without unnecessary financial stress.