Performance Grant: Who Qualifies and What You Get
Learn how the Performance Grant works and how you can turn your supplementary student grant into a gift by graduating on time.
The Performance Grant is a way for students in higher education to turn part of their supplementary funding into a gift rather than a loan.
Who it's for
This is for students enrolled in higher education who are already receiving a supplementary grant.
What you get
If you graduate within a specific timeframe, the grant you received during your studies becomes a gift. This means you do not have to pay that money back.
What it costs you
To receive this benefit, you must pass your exams and successfully graduate. If you do not graduate within the required timeframe, the money is converted into a loan, which you will be expected to repay.
The catch to know
The time limit for graduation is not calculated from your graduation date, but rather from the moment you receive your very first payment.
How to apply
- Ensure you are enrolled in a higher education program.
- Maintain your eligibility for a supplementary grant.
- Complete your studies and graduate within the 10-year window.
- Check your status through the official government portal.