NSFAS says it will continue to disburse allowances to funded students through its direct payment partners until an ‘official’ communication indicates otherwise. The fund scheme has stopped contracts with four service providers implicated in wrongdoing with its former CEO. But for affected stude.
NSFAS funding: 1.2 million students assessed and eligible
The National Student Financial Aid Scheme (NSFAS) confirmed that a total of 1 263 671 students have been assessed as eligible for funding.
The National Student Financial Aid Scheme (NSFAS) on Wednesday 19 May 2021 confirmed that a total of 1 263 671 students have been assessed as eligible for funding.
Addressing the media on Wednesday, NSFAS Board Chairperson Ernest Khosa said 712 428 first time entry students and 551 243 continuing students were found eligible for funding, with an additional 323 445 for Technical and Vocational Education and Training (TVET) colleges and 940 226 at universities
NSFAS Board meeting, May 2021
Strategy for ‘turning around’ the scheme
The board met on Tuesday at the scheme’s head office in Cape Town to introduce itself following its appointment back in January, and to share its strategy for “turning around the organisation”.