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Government pumps more money into student finance

Higher Education and Training Minister Blade Nzimande, Picture: GCIS NATIONAL NEWS - The government will reprioritise the Department of Higher Education’s annual budget to cover the shortfall experienced by the National Student Financial Aid Scheme (NSFAS). 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.

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Government pumps more money into student finance – The Citizen

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.

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NSFAS to re-prioritise its budget to fund first-year students, says Blade Nzimande

NSFAS to re-prioritise its budget to fund first-year students, says Blade Nzimande Share Johannesburg - The National Student Financial Aid Scheme (NSFAS) will be releasing funds for first-year students and registration periods at public universities will be extended, Minister of Higher Education and Training Blade Nzimande announced on Thursday. Nzimande was speaking at a media briefing hosted by the Acting Minister in the Presidency, Khumbudzo Ntshavheni. Nzimande’s announcement comes after Wits University students took to the streets of Johannesburg this week to protest about being financially excluded from registering for the 2021 academic year. On Wednesday Mthokozisi Ntumba, 35, who was in the Braamfontein area for a doctor’s visit was shot and killed allegedly by police as they tried to disperse the protesting students.

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