Students who get their NSFAS allowances through Coinvest often ask how to check their Coinvest NSFAS balance. There are a few simple ways to check how much money you have left and this guide explains all of them.
We’ll show you how to check your balance using the Coinvest app, online portal, or USSD code. We’ll also explain why your balance might show zero and what to do if you run into problems.
What Is Coinvest NSFAS?
Coinvest is one of the digital banking partners selected by NSFAS (National Student Financial Aid Scheme) to handle student allowance payments. Instead of sending money directly to your bank account, NSFAS now pays some students through service providers like Coinvest, Tenet, or eZaga.
If you were assigned to Coinvest, you’ll receive your monthly allowance (for food, transport, and personal use) in your Coinvest NSFAS account. You can spend the money using the Coinvest card or transfer it elsewhere, but first you’ll need to know your balance.
Ways to Check Your Coinvest NSFAS Balance
You can check your Coinvest balance in three main ways:
1. Using the Coinvest App
This is the easiest and most common way for students with smartphones. The app shows your balance, transactions, and card details.
What you need:
- A registered Coinvest NSFAS account
- Your login details (email and password)
2. Using the Coinvest Online Portal
If you don’t want to use the app, you can still log in using a browser. The web version works on phones, laptops, and desktops.
What you need:
- Visit https://nsfas.coinvest.africa
- Enter your ID number and password
3. Using the USSD Code
For students with basic phones (no smartphone or internet), the USSD code lets you check your balance using airtime.
What you need:
- Your Coinvest-registered SIM card
- The USSD code (we’ll provide this in the next section)
Step-by-Step: How to Check Your Coinvest NSFAS Balance Using the App
Follow these simple steps to check your balance using the Coinvest NSFAS App:
Step 1: Download the Coinvest app from the Google Play Store or Apple App Store.
Search for “Coinvest NSFAS” to find the correct version.
Step 2: Open the app and log in.
Use your registered ID number or email address and your password.
Step 3: Once logged in, tap on the “Wallet” or “Account” tab.
This will show your current balance and recent transactions.
Step 4: Tap on any transaction for more details.
You’ll be able to see when your NSFAS funds were received and how you’ve spent them.
Step 5: Log out when finished, especially if using a shared device.
Note: Always use the latest version of the app for security and stability. Update it regularly through your app store.
How to Check Your Coinvest NSFAS Balance Using USSD
For students without internet access, Coinvest also supports USSD balance checks. This works on any mobile phone.
USSD Code for Coinvest NSFAS:
Dial *120*COINVEST# (the exact code will be confirmed by Coinvest or your institution).
Here’s how to use it:
- Open your phone’s dialer.
- Enter the USSD code and press “Call.”
- Follow the prompts to log in using your ID number or PIN.
- Your balance will be displayed on-screen.
- You may also receive a follow-up SMS with your balance details.
Important:
- Use the same phone number you registered with Coinvest.
- Airtime is not usually needed, but signal strength may affect the process.
Why Your Coinvest NSFAS Balance Might Be Wrong
Sometimes students check their Coinvest balance and see zero, even if they were approved by NSFAS. Here are a few common reasons why:
- Your institution hasn’t confirmed your registration.
NSFAS waits for registration info before releasing money. - You haven’t signed your bursary agreement.
No payments are made until the NSFAS NBA is signed. - NSFAS hasn’t disbursed funds yet.
Even if approved, payment dates vary by institution. Check the official NSFAS payment calendar. - Your Coinvest account isn’t fully activated.
Make sure you’ve completed all setup steps on the Coinvest portal or app. - There is a technical delay.
System issues or bank processing delays can sometimes hold up payments.
FAQ: Coinvest NSFAS Balance
How do I check my Coinvest NSFAS balance without the app?
You can use the online portal at nsfas.coinvest.africa or dial the USSD code on your phone.
Can I use my NSFAS login to access Coinvest?
No. You must create a separate Coinvest account using your ID and email address. It’s different from your myNSFAS login.
What if I forgot my Coinvest password?
Click “Forgot Password” on the Coinvest login page. You’ll receive an email with a link to reset it.
Does Coinvest charge any fees?
There are no fees to receive NSFAS money. But some services, like ATM withdrawals or transfers, may include small charges.
How long does it take for NSFAS funds to reflect?
It depends on your institution and registration. Once NSFAS confirms your funding and you sign the agreement, payments usually start in March or April.
What is the Coinvest USSD code?
Coinvest may use a code like *120*COINVEST# (check with Coinvest or your campus for the correct one). It may change based on your region.
Why is my Coinvest balance showing zero?
It could be due to a delay in registration, bursary agreement signing, or NSFAS payment processing.
Can I transfer my Coinvest funds to my bank account?
Yes. The Coinvest app allows transfers to a linked bank account or other mobile wallet. Standard transfer fees may apply.
Who do I contact for Coinvest issues?
Visit the support page on coinvest.africa or contact Coinvest through their in-app support chat.
Is Coinvest safe to use?
Yes. Coinvest is a registered NSFAS payment partner and uses secure login and verification tools to protect your money.
Conclusion
Knowing how to check your Coinvest NSFAS balance is important if you want to manage your monthly allowance and avoid missing payments. You can check your balance using the coinvest app, portal, or USSD code.
Just make sure your Coinvest account is fully set up and stay updated through the official channels. If something doesn’t look right, act quickly, delays in registration or signing your agreement can block your payment.
