• Latest
Extra varsity funding won’t breach spending limits

Extra varsity funding won’t breach spending limits

January 14, 2016
Angolan citizens in South Africa, granted Exemption Permit status

R44 billion allocated for COVID-19 SRD grant: Lindiwe Zulu

May 17, 2022
Eskom is ‘kaput’. It’s game over – energy experts

Residents advised to brace for full week of loads shedding

May 16, 2022
North Korea conducts fifth and largest nuclear test

Kim Jong Un slams North Korea pandemic response, deploys army

May 16, 2022
DFFE calls to nominate members of air quality panel

DFFE calls to nominate members of air quality panel

May 16, 2022
Knorr Cup-a-Soup Lite beef, vegetable products recalled

Knorr Cup-a-Soup Lite beef, vegetable products recalled

May 16, 2022
Gospel singer Deborah Fraser passes away

Gospel singer Deborah Fraser passes away

May 16, 2022
Basic Education to work with the Hawks in investigating Physics Paper 2 leak

Second Chance Matric Programme exams starts May/June

May 9, 2022
Scuffle broke out in Limpopo High Court, two prisoners shot dead in alleged escape attempt

Police investigating multiple murders in Khayelitsha

May 9, 2022
Minister Mbalula calls for the ban of scrap metal exports

Minister Mbalula calls for the ban of scrap metal exports

May 9, 2022
Gauteng online admission for Grade 1 and 8 opens on July 22

Gauteng online admission for Grade 1 and 8 opens on July 22

May 9, 2022
Phillip Dukashe resigns from Eskom Generation

Phillip Dukashe resigns from Eskom Generation

May 9, 2022
Document certification, no longer a requirement – DPSA

Document certification, no longer a requirement – DPSA

May 6, 2022
  • About Us
  • Advertising
  • Contact
Friday, May 20, 2022
Townpress Newspaper
No Result
View All Result
  • Login
  • News
    Angolan citizens in South Africa, granted Exemption Permit status

    R44 billion allocated for COVID-19 SRD grant: Lindiwe Zulu

    Eskom is ‘kaput’. It’s game over – energy experts

    Residents advised to brace for full week of loads shedding

    Knorr Cup-a-Soup Lite beef, vegetable products recalled

    Knorr Cup-a-Soup Lite beef, vegetable products recalled

    Gospel singer Deborah Fraser passes away

    Gospel singer Deborah Fraser passes away

    Basic Education to work with the Hawks in investigating Physics Paper 2 leak

    Second Chance Matric Programme exams starts May/June

    Scuffle broke out in Limpopo High Court, two prisoners shot dead in alleged escape attempt

    Police investigating multiple murders in Khayelitsha

    Trending Tags

    • community
    • #freejacobzuma
    • africa
  • Africa
  • World
  • Opinions
  • Economies
  • Entertainment
  • Sport
  • People
  • Motoring
  • Videos
  • News
    Angolan citizens in South Africa, granted Exemption Permit status

    R44 billion allocated for COVID-19 SRD grant: Lindiwe Zulu

    Eskom is ‘kaput’. It’s game over – energy experts

    Residents advised to brace for full week of loads shedding

    Knorr Cup-a-Soup Lite beef, vegetable products recalled

    Knorr Cup-a-Soup Lite beef, vegetable products recalled

    Gospel singer Deborah Fraser passes away

    Gospel singer Deborah Fraser passes away

    Basic Education to work with the Hawks in investigating Physics Paper 2 leak

    Second Chance Matric Programme exams starts May/June

    Scuffle broke out in Limpopo High Court, two prisoners shot dead in alleged escape attempt

    Police investigating multiple murders in Khayelitsha

    Trending Tags

    • community
    • #freejacobzuma
    • africa
  • Africa
  • World
  • Opinions
  • Economies
  • Entertainment
  • Sport
  • People
  • Motoring
  • Videos
No Result
View All Result
Townpress. Newspaper
No Result
View All Result
Home Education

Extra varsity funding won’t breach spending limits

Town Press by Town Press
January 14, 2016
in Education
Reading Time: 2 mins read
0
Extra varsity funding won’t breach spending limits

South Africa's New Minister of Justice and Constitutional Development Jeff Radebe is sworn in Pretoria on May 11, 2009 two days after Jacob Zuma took office as South Africa's President. Mbeki's minister of transport, 56-year-old Radebe is the respected head of policy in the African National Congress and one of the few ministers serving under the old administration to give his support to Zuma. AFP PHOTO / ALEXANDER JOE AFP PHOTO / ALEXANDER JOE

Share on FacebookShare on Twitter

Minister in the Presidency for Planning, Monitoring and Evaluation Jeff Radebe says the Cabinet approved amendments to national budget allocations to fund universities will not breach previously announced spending limits.

The Minister of Higher Education and Training, Dr Blade Nzimande, recently announced that government has set aside an additional R6.912 billion to support university education. He said government had listened to the concerns raised by university students last year during their march against university fee increases.

READ ALSO

Second Chance Matric Programme exams starts May/June

Gauteng online admission for Grade 1 and 8 opens on July 22

The funding will cover the zero percent fee increment agreed for the current academic year; clear accumulated debt owed by National Student Financial Aid Scheme (NSFAS) students and prevent the accumulation of such debt over the medium term, Minister Radebe said on Thursday.

He was addressing the media in Pretoria on the outcomes of a special Cabinet meeting held on Wednesday.

“As an immediate measure, R2.33 billion has been allocated to resolve the shortfall in operational funding for universities as a result of the agreement on a zero percent fee increment for 2016,” Minister Radebe said.

He said for the 2016/17 financial year, government has reprioritised R2.543 billion of State funding to be allocated to NSFAS to provide loans to assist 71 753 identified students, who qualified but were either partially or not funded at all over the past three academic years.

“A further R2.039 billion will be allocated to NSFAS in the 2016/17 financial year to support unfunded or underfunded students still in the university system in 2016 to complete their qualifications,” he said.

Minister Radebe said the funds were additional to the R10 billion that NSFAS will administer in the 2016 academic year.

“Government is committed to providing post-school education for all academically deserving students that is free at the point of delivery for the poor and the working class, within fiscally sustainable limits.

“Cabinet calls on students, workers, academics and university administrators to work together with government to achieve this goal,” he said.

Minister Radebe condemned any actions that would disrupt learning or create unreasonable as well as unachievable expectations that are counterproductive. He said violence and intimidation were not acceptable.

President Jacob Zuma has also announced the establishment of the Commission of Inquiry to look into the broader issues affecting the funding of higher education. The commission will look at, among others, the feasibility of making higher education and training free in South Africa.

Facebook Comments

Previous Post

Inquiry to probe higher education funding

Next Post

Two cases of sexual assault against Bill Cosby dropped due to statute of limitations

Related News

Basic Education to work with the Hawks in investigating Physics Paper 2 leak
Community

Second Chance Matric Programme exams starts May/June

May 9, 2022
Gauteng online admission for Grade 1 and 8 opens on July 22
Community

Gauteng online admission for Grade 1 and 8 opens on July 22

May 9, 2022
Child abductions raise safety concerns in Zonnebloem
Community

Schools to return to full capacity from the 7th of February

February 2, 2022
Next Post
Two cases of sexual assault against Bill Cosby dropped due to statute of limitations

Two cases of sexual assault against Bill Cosby dropped due to statute of limitations

Please login to join discussion
Currently Playing

Stolen tyres paraded as bargain deal online

Stolen tyres paraded as bargain deal online

Stolen tyres paraded as bargain deal online

Business
Watch Naledi Manyoni throw baby to safety #freejacobzuma

Watch Naledi Manyoni throw baby to safety #freejacobzuma

Community
IEC raises complaint with Bidvest-Lithotech over Indelible Ink

IEC raises complaint with Bidvest-Lithotech over Indelible Ink

Community
Mthethwa ‘absolutely horrified’ after Babes Wodumo assault video

Mthethwa ‘absolutely horrified’ after Babes Wodumo assault video

Community
Alph Lukau “raising the dead” is a fraud

Alph Lukau “raising the dead” is a fraud

Community
Moozlie says “its just a campaign” and no crash

Moozlie says “its just a campaign” and no crash

Community
Moozlie Mabena involved in a “live video” crash #Moozlie

Moozlie Mabena involved in a “live video” crash #Moozlie

Community

Police hunt suspects who shot dead Welkom man in parking lot

Community
First Human Clinical Trial of HIV Drug Gammora Offers Potential Cure

First Human Clinical Trial of HIV Drug Gammora Offers Potential Cure

General
Madonsela praises Zuma for new approach on Nkandla

Madonsela speaks on land expropriation without compensation

Community
De Lille vows to fight accusers all the way

De Lille likens DA battle to boxing match

Community
Kaizer fans rampage at Moses Mabhida is Shameful

Kaizer fans rampage at Moses Mabhida is Shameful

Community

POPULAR NEWS

Live mortars found in Eastern Cape dam

Live mortars found in Eastern Cape dam

October 14, 2019
Africa agrees to giant trade bloc, but Nigeria, South Africa sit it out

Africa agrees to giant trade bloc, but Nigeria, South Africa sit it out

March 21, 2018
Upskilling public servants to improve service delivery

Upskilling public servants to improve service delivery

October 17, 2017
Just In: Faith Nketsi allegedly prostituting ladies for cash

Just In: Faith Nketsi allegedly prostituting ladies for cash

May 19, 2018
Media 24 an Epitome of Poor Journalism – SAMWU

Media 24 an Epitome of Poor Journalism – SAMWU

May 16, 2018

EDITOR'S PICK

Mashaba accuses Ramaphosa of hijacking Alex grievances to score votes

Mashaba demands action on graft claims

May 17, 2019
Three more cars torched in South African taxi war

Three more cars torched in South African taxi war

September 15, 2017
Women must participate fully in all spheres of management: Losi

Women must participate fully in all spheres of management: Losi

September 20, 2018
Repo rate to remain unchanged at 7%

Repo rate remains unchanged

September 20, 2018
Townpress Newspaper

At Town Press, we believe everyone who has a story to share, deserve to be heard. Town Press is a current affairs publication that encourages citizens' journalism, as a way to create access for communities to the media.

Follow us

.

  • Africa
  • AU
  • Business
  • Community
  • Coronavirus
  • Crime stats
  • Culture
  • Economies
  • Editor Picks
  • Education
  • Entertaiment
  • Events
  • Featured
  • Finance
  • General
  • General news
  • International
  • Lifestyle and Beauty
  • Markets
  • Media
  • Motoring
  • notices
  • Opinions
  • People
  • Pictures
  • Premium
  • Public Statement
  • Right now
  • Social Media
  • Sport
  • Technology
  • Tourism
  • UN
  • Weather
  • World

.

  • R44 billion allocated for COVID-19 SRD grant: Lindiwe Zulu
  • Residents advised to brace for full week of loads shedding
  • Kim Jong Un slams North Korea pandemic response, deploys army
  • DFFE calls to nominate members of air quality panel
  • Terms and conditions
  • Comments Policy
  • Cookie Policy (ZA)
  • Notices

© 2021 Townpress Newspaper, South Africa - Townpress logo & associated media rights are the intellectual property of Randworth,SA.

No Result
View All Result
  • News
  • Africa
  • World
  • Opinions
  • Economies
  • Entertainment
  • Sport
  • People
  • Motoring
  • Videos

© 2021 Townpress Newspaper, South Africa - Townpress logo & associated media rights are the intellectual property of Randworth,SA.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Go to mobile version