NSFAS pays out R1,3-billion in registration fees

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The National Student Financial Aid Scheme says it has already paid out R1,3-billion in student registration fees, as universities gear up for the 2017 academic year.

The scheme says a total of 160 000 students have qualified for financial aid this year, and so it doubts that any student will be turned away because of a lack of funding.

Universities will be expected to individually disperse the registration funds to qualifying students. “We expect that our students will be treated fairly and not be discriminated against based on their backgrounds,” says NSFAS spokesperson Kagisho Mamabolo.

The University of the Witwatersrand has already committed its own funds to aiding students who are in debt to register, and the NSFAS money will only serve to smoothen this process.

More money is expected to be pumped into institutions by NSFAS as time goes on, it confirms. “The scheme will continue to approve more students every day and is expected to finalise all applications by close of business on 27 January 2017.”

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