NFAS Status: Awaiting Academic Results/Admission means NSFAS is checking your academic results and your institution admission status to ensure that you meet the requirements to be funded by NSFAS. NFAS will only be approved if you have a confirmed admission at an academic institution. To get a confirmed admission it means you would have met the requirements of the institution.
Many find themselves to stay on this step for a while. This is because NSFAS has to wait for information from your chosen institution.