In The News South Africa

Parliament says concerned about qualified audit on national student fund

JOHANNESBURG, October 8 – South Africa’s parliament said on Monday it was concerned that the National Student Financial Aid Scheme (NSFAS) had regressed and received a qualified audit. Chairperson of the legislature’s portfolio committee on higher education and training Connie September said it would have to be convinced why the NSFAS executive management and audit […]

In The News South Africa

SA Revenue Service executive appointed to head SA Student fund

JOHANNESBURG, August 17 – Minister of Higher Education and Training Naledi Pandor has appointed SA Revenue Services (Sars) executive Randall Carollissen as administrator at the embattled National Student Financial Aid Scheme (NSFAS). His appointment comes after the resignation of former board chairman Sizwe Nxasana who had headed the scheme for three years. ”Dr Carolissen is […]

In The News South Africa

Public sector union welcomes Nxasana resignation from students funding scheme

JOHANNESBURG, August 13 – The National Education, Health and Allied Workers Union (Nehawu) on Monday welcomed the resignation of Sizwe Nxasana as National Student Financial Aid Scheme (NSFAS) chairman this week. Nxasana reportedly handed over his resignation letter to Higher Education Minister Naledi Pandor on Monday. His resignation came as the embattled scheme faces a […]

Lead South Africa

Higher education minister accepts Sizwe Nxasana’s resignation from student fund

JOHANNESBURG, August 10 – Higher education minister Naledi Pandor has “sadly” accepted the resignation of respected former banking executive Sizwe Nxasana as board chairman of the National Student Financial Aid Scheme (Nsfas), her spokesperson Lunga Ngqengelele said on Friday. Nxasana announced his resignation on Thursday, amidst increasing calls for him to step down from the post […]

In The News South Africa

Walter Sisulu University student back in the dock for R14 million NSFAS ‘grant’

JOHANNESBURG, July 24- The 28-year-old Walter Sisulu University student who erroneously received R14.1 million from the National Student Financial Aid Scheme (NSFAS) is expected to appear in the East London Magistrate’s Court on Tuesday, facing theft charges. Case of theft opened against NSFAS R14 million student Sibongile Mani was requested to hand herself to the Directorate […]

In The News South Africa

Free higher education for ‘poor and working class’ youth – presidency

PRETORIA, December 16 – Government will extend fully subsidised free higher education to “poor and working class” youth from 2018, the presidency said on Saturday. Government would increase subsidies to universities from 0.68 percent to one percent of GDP, in line with comparable economies, over the next five years as recommended by the Heher Commission […]

In The News South Africa

Major cost pressure on higher education

PARLIAMENT, October 25 – Despite South Africa’s ruling party, the African National Congress, earlier this year vowing that free higher education could become a reality as early as 2018, Wednesday’s medium-term budget policy statement (MTBPS) revealed glaring gaps in funding for the country’s students.     According to the MTBPS, the National Student Financial Aid […]