SASSA R350 Grant Ending? A Lifesaver Extended
“Is it the end of the road for the SASSA SRD R350 Grant?” Not yet! So when is SASSA R350 Grant Ending?
Here’s some good news for many South Africans. The SRD R350 grant, set to stop in March 2023, will now keep going until March 2024, marking a significant R350 grant extension.
A Surprise Move from the Government
The Finance Minister, Enoch Godongwana, dropped a pleasant surprise during a budget talk. He announced that the SASSA R350 grant will not stop in March 2023 as planned. Instead, it gets a whole extra year till March 2024, which is great news for those wondering about the SASSA R350 grant updates.
Starting a New Phase with Some Changes
With the start of this new phase on April 23, 2022, there were a few SASSA grant changes:
- The grant moved under a different law – the Social Assistance Act.
- Previous beneficiaries had to re-apply.
- New people who qualified could now also apply, widening the R350 grant eligibility.
Fewer Approved Applicants Prompted Changes
But there was a problem. Fewer people got the grant under the new rules. So, SASSA decided to make some changes to the R350 grant application rules:
- They changed the qualifying income from R350 to R624 a month.
- This means that if you get R624 or less in your bank in a month, you can apply for the R350 grant for that month.
Looking Forward: More Grants for More People
As of August 2022, about 12 million people had applied for the R350 grant. With the new rules, SASSA believes that even more people will now get the grant. With the increase in applications, it’s clear that the latest South Africa Social Security Agency updates will have a significant impact.
In conclusion, the road isn’t ending for the SASSA SRD R350 grant. With an extension till March 2024 and new rules making it easier to qualify, this grant will continue to be a lifeline for many more South Africans. If you think you might qualify, apply now and take advantage of this financial help. Always stay tuned for more SASSA R350 grant updates.