NSFAS

NSFAS set to write off debt of more students, says administrator

Amid protests at universities across the country over historic debt, the National Student Financial Aid Scheme (NSFAS) says it has paid out money to institutions and will again open applications soon. During a visit by Higher Education Minister Blade Nzimande to NSFAS’ offices in Cape Town, the scheme’s administrator, Randall[…]

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NSFAS staffers arrested for allegedly stealing student funds

Three National Student Financial Aid Scheme (NSFAS) employees were arrested in Cape Town on Tuesday for allegedly diverting students’ money into their personal accounts, NSFAS said on Wednesday. “The employees were all arrested on allegations of fraud relating to diverting student allowances to their personal accounts,” said a statement issued[…]

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Unisa SRC threatens ‘national shutdown’

The Student Representative Council (SRC) of the University of South Africa (Unisa) has called for a “national shutdown” should certain demands not be met by the institution on January 7 2019. “Today there will be no operations or registration taking place until further notice,” Eastern Cape SRC deputy chairperson Lungile[…]

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NSFAS to communicate with students online

The National Student Financial Aid Scheme (NSFAS) has stopped communicating with students via SMSes with immediate effect due to fraudulent activities. The scheme says instead students should use my NSFAS Online Self-Service Portal to view the application status or any other information related to funding. NSFAS says in a statement that over[…]

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ANC to blame for collapse of NSFAS: DA

The Democratic Alliance (DA) has lashed out at the ANC, saying it is ultimately to blame for the collapse of the National Student Financial Aid Scheme (NSFAS). On Thursday, NSFAS chairperson Sizwe Nxasana confirmed that he has resigned from the organisation. In a statement, Nxasana says he informed Higher Education[…]

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R14m student blunder: Parliament seeks answers

The National Student Financial Aid Scheme (NSFAS), Walter Sisulu University and Intellimali will appear before the parliamentary committee on higher education and training on Wednesday to explain how R14.1m was paid out to one of the university’s students. Sibongile Mani was due R1 400 as a recipient of a NSFAS[…]

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Forensic investigators called in over R14m NSFAS funding debacle

Walter Sisulu University and NSFAS staff are off the hook over the R14.1-million mistakenly transferred to university student Sibongile Mani last month‚ but the staff from the company responsible for the administration of the funds hasn’t yet been cleared of wrongdoing. A forensic investigator has been appointment to probe what[…]

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NSFAS pays billions in registration fees

The National Student Financial Aid Scheme (NSFAS) has paid R1.3 billion in registration fees to universities on behalf of deserving students for the 2017 academic year. NSFAS says 78 000 new students have been approved and they are expecting to fund over 450 000 students in total. NSFAS spokesperson Kagisho[…]

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NSFAS to announce decision on 2017 applicants

The National Student Financial Aid Scheme (NSFAS) will on Thursday brief media on the outcomes of its applications for funding. Applications closed on November 30. The process which students who received funding would need to follow next year would also be outlined, the NSFAS said in a statement. Higher Education[…]

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