The SARS consent form is one of documents required from students who apply for NSFAS in South Africa. We are going to discuss its purpose and how you can download and fill it in. It must be done the correct way in order for your NSFAS application to be accepted.
One of considerations for NSFAS when looking at all applications for funding is income bracket. NSFAS will not have enough money to fund all students in South Africa. They fund students whose combined houseld income falls under a certain bracket. The SARS consent form is needed to determine the household or parents income.
Purpose of SARS Consent Form For NSFAS
In order for NSFAS to check and confirm your parents income, they need assistance from SARS to do so. Remember SARS has access to everyone who earns income in South Africa.
NSFAS will not be able to confirm unless they receive consent from the person whose information must be checked. The SARS consent form is basically authorisation given to both NSFAS and SARS too to perform the check.
The other purpose of the form is to prevent fraudulant applications. Many applications that are received by NSFAS misrepresent household income. This is not possible if NSFAS run a quick check with SARS.