NSFAS receives 400 000 new funding applications

4 December 2018

The National Student Financial Aid Scheme (NSFAS) has received more than 400 000 new funding applications for its 2019 cycle, Higher Education Minister Naledi Pandor said on Tuesday.

“The final decision will of course be made once we know that you have passed your National Senior Certificate, that you are admitted to an approved programme, and that you are registered,” Pandor said at a briefing in Cape Town.

NSFAS will finalise the approved students by the end of January, who will get a split of its R32-billion budget.

In 2018, NSFAS disbursed loans and bursaries worth around R22-billion for around 659 000 applicants, as former president Jacob Zuma’s promise of free higher education was phased in for those who qualify.

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Source: 
Mail and Guardian

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