How much is the deposit for WSU?

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How much is the deposit for Walter Sisulu University ?

Walter Sisulu University has set different Minimum Initial Payments (MIP) depending on the funding status of the student. Here’s a comprehensive look at the deposit amounts required for the 2024 academic year:

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1. NSFAS Funded Students

  • Tuition Fees: N/A
  • Residence MIP: N/A
  • Prior Year Debt MIP: N/A
    Note: Students eligible for NSFAS funding but who did not apply will be considered self-funded.

2. Bursary Funded Students

  • Tuition Fees: N/A
  • Residence MIP: N/A
  • Prior Year Debt MIP: N/A

3. Self-Funded Students

  • Tuition Fees: R4,800
  • Residence MIP:
    • University Owned Accommodation: R15,000 deposit or 40% of the total amount payable.
    • Leased Residences: 100% of the total amount payable.
      Payment Agreement: Self-funded students must sign an Agreement of Debt (AoD) and a debit order mandate to pay current year fees before registration.

4. Fundi Funded Students

  • Tuition Fees: Nil
  • Residence MIP: As per notes (generally requiring full year fees, not just MIP).
  • Prior Year Debt MIP: Nil

5. Students Previously Funded by NSFAS

  • Self-Funded Students: R4,800 for tuition and R15,000 or 40% for residence.
  • Prior Year Debt:
    • 15% of debt if below R50,000.
    • 30% if over R50,000. Note: This applies unless there is a written undertaking from a funder to settle prior year debt.

6. International Students

  • No Prior Year Debt: MIP will vary based on the student’s funding source.
  • With Prior Year Debt: 100% of prior year debt to be settled before registration.
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Important Notes

  • All self-funded students must ensure they sign the required debit order mandate to facilitate payment of current year fees.
  • Students are encouraged to seek funding that covers full-year tuition fees instead of just the MIP.
  • It’s crucial to check the specific requirements based on your individual situation, as different rules apply for various categories of students.

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