Siyanda Ndlovu
Earlier this week Higher Education Minister Blade Nzimande announced the NSFAS student finance scheme was experiencing a funding shortfall.
Higher Education and Training Minister Blade Nzimande, Picture: GCIS
This was announced on Thursday by Minister of Higher Education and Training Blade Nzimande at a media briefing on Cabinet resolutions following its meeting on Wednesday.
Nzimande said that funding for deserving first-year students would be made available.
Earlier this week he had announced NSFAS was experiencing a funding shortfall.
“The budget has been moved from just under R36 billion last year to R42.1 billion this year,” said Nzimande.
Asked about why the government had to wait until now to address the shortfall, Nzimande said the department started engaging the government about the shortfall late last year.