Understanding the SASSA Means Test
You must first be aware of the SASSA means test requirements before you can apply for a social grant from the South African Social Security Agency (SASSA). To be qualified for the award, you must meet the requirements of the means test.
To make sure that only worthy people receive the grant, the Means Test computes the applicant’s financial situation, including their income, assets, and other financial factors. Should the applicant’s assets or income exceed the SASSA means test criteria, they will not be eligible for the grant.
The means test requirements for each grant type vary to assess financial eligibility. Grants for the elderly, disabled, and veterans of war, for instance, are all awarded on a sliding scale; that is to say, the more private income you have, the less money you will receive in grants.
A married person’s income and assets are determined jointly with their spouse. Whether they got married on community property or not makes no difference. Assets and income are entirely dependent on single individuals.
I covered the income and asset thresholds for each grant kind in this context. You may find out how much SASSA pays you by reading this page. To apply for the SASSA social grant, make sure you have read the text thoroughly and understand the means test requirements.
The maximum income and asset thresholds that will be in effect as of April 1, 2023, are covered here. It’s crucial to remember that these figures could fluctuate every year on April 1 or October 1.
Income Requirement for Every SASSA Grant
The SASSA income threshold varies according to the kind of SASSA award, as we have already covered. The upper-income limits for each kind of grant are as follows:
Old Age, Disability, Grant-in-Aid, and War Veterans Grant:
Child Support Grant
Care Dependency Grant
Foster Child Grant
SRD (Social Relief of Distress) Grant
- Your income must not be greater than R624 per month.
Asset Threshold for All SASSA Grants
Here are the maximum asset thresholds for each type of grant:
Old Age, Disability, Grant-in-Aid, and War Veterans Grant:
- A single person should not own assets valued at more than R1 372 800.
- Combined assets of a married person with their spouse should not be worth more than R2 745 600.
The Child Support, Care Dependency, Foster Child Grant, and SRD Grant are all need-based grants and do not require the means test for assets.
What does the SASSA Means Test define as an income?
According to SASSA, the following are regarded as sources of income:
What are considered assets?
The following is what the SASSA meaning test counts as an asset:
What costs are deducted when calculating your revenue?
The following costs may be deducted from your wage when determining your score on the SASSA means test:
How much does a SASSA grant pay?
We’ll go over the salary range for an SASSA grant here. These numbers will take effect on October 1, 2023. Every year, either on April 1st or October 1st, it could alter.
Conclusion
In conclusion, the goal of the SASSA means test is to find those in need who are having financial problems and require quick assistance from others. The means test verifies your eligibility for financing by evaluating your income and assets. The means test requirements vary depending on the type of social grant and must be satisfied to be eligible for an SASSA grant. You can get in touch with SASSA directly if you have any questions about applying for the award or about the requirements for eligibility.