Connect with us

NSFAS News

Students At NSFAS Do Not Pay Registration Fees

Published

on

Students At NSFAS Do Not Pay Registration Fees

Students At NSFAS Do Not Pay Registration Fees. More than one million students are set to receive funding from NSFAS over the next ten months. However, before these students receive NSFAS bursaries, they are required to register at a university or a TVET College.

Check Also: ZA Student Portal

NSFAS Funding Details

NSFAS provides comprehensive bursaries to poor and working-class students, covering fees, allowances for transport, living costs, learning materials, and accommodation expenses. These qualifications must be offered at an approved public university or TVET college.

Registration Fees Coverage

Students funded by NSFAS are not required to pay registration fees out of their pocket, as NSFAS pays these fees on behalf of the students. However, students must register for an approved course before NSFAS confirms funding, leading to potential confusion for students without registration fees.

Ministerial Intervention

Minister Nzimande urged institutions not to deny students registration due to unpaid fees from NSFAS, emphasizing the importance of students not missing out on crucial coursework at the start of the academic year.

Resolution of Outstanding Allowances

NSFAS confirmed that of the 20,000 outstanding allowances, 9,128 have been resolved, with the remaining 11,000 being prioritized for processing as part of the 2024 disbursement procedure.

Conclusion

NSFAS plays a critical role in providing financial support to underprivileged students, ensuring access to higher education. Efforts are underway to streamline the disbursement process and address outstanding allowances, reaffirming the commitment to supporting students’ educational journeys.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

NSFAS News

NSFAS Board Dissolution Reasons

Published

on

NSFAS Board Dissolution Reasons

NSFAS Board Dissolution Reasons. More than a million students rely on funding from the National Student Financial Aid Scheme (NSFAS). However, challenges with their funding have led to the decision by Higher Education Minister Blade Nzimande to dissolve the NSFAS board. This article explores the reasons behind this decision and its implications.

Check Also: ZA Student Portal

Challenges Leading to the Dissolution

Last week, Minister Nzimande decided to dissolve the NSFAS board due to its failure to ensure the financial aid scheme implemented its responsibilities effectively. The board had been unable to carry out basic responsibilities allocated to it by the Minister and the Act governing NSFAS.

NSFAS Role and Responsibilities

NSFAS provides comprehensive bursaries and student loans to deserving students enrolled in approved courses at universities and TVET colleges. This funding covers tuition and registration fees, as well as allowances for food, accommodation, and learning materials. However, recent non-payment of allowances put students at risk, prompting urgent action from the Minister.

Reasons for Dissolution

Minister Nzimande explained that the board had failed to fulfil its duties, including implementing recommendations, ensuring timely payment of student allowances, submitting reports to Parliament, managing organizational capacity issues, and addressing student concerns promptly.

Issues Identified

The dissolution was partly due to irregularities related to the appointment of service providers for direct allowance payments, as highlighted in the Werksmans report. Recommendations from the report, including terminating contracts of certain service providers, were not fully implemented by NSFAS.

Impact of Board Failure

The board’s failure to distribute student allowances caused stress for students and families and jeopardized the stability of some TVET colleges and universities. Additionally, the board’s inability to consult on guidelines for Missing Middle Funding and implement solutions further hindered progress in addressing financial aid gaps.

Reactions and Endorsements

Stakeholders, including student structures and the Parliamentary Higher Education Committee, welcomed the dissolution. The committee endorsed the Minister’s actions, citing NSFAS’s failure to disburse funds effectively and submit required reports to Parliament.

Appointment of Administrator

Following the dissolution, Minister Nzimande appointed Sithembiso Freeman Nomvalo as the new Administrator for NSFAS. Nomvalo will oversee the governance, management, and administration of NSFAS for 12 months, including developing guidelines for Missing Middle Funding.

Conclusion

The dissolution of the NSFAS board reflects the government’s commitment to ensuring effective management of student funding. The appointment of a new Administrator signals a fresh start for NSFAS, with a focus on addressing the challenges that have plagued the scheme and improving its efficiency in supporting students in need.

Continue Reading

Trending