A student with a combined gross family income of R350 000.00 (three hundred and fifty thousand rand) per annum or less will be regarded as financially needy by the NRF. The combined gross family income of the student’s parents/spouses and/or legal guardians will be used to undertake the Household Financial Means Assessment. This will apply to all scholarship applicants intending to apply for full-time studies irrespective of their age or level of postgraduate study.