NSFAS benefits go beyond just access
Students funded by the National Student Financial Aid Scheme (NSFAS) do not need to make any repayment of student debt during the course of study. This major benefit is just one of the many benefits that the students who were funded to tune of R10.5m, receive, according to the... Read more
NSFAS achieves record debt recovery
The 2016/17 financial year, marks the 25th year since NSFAS’ inception. From humble beginnings in 1991 to 2016, student funding that is being managed by the entity has grown significantly and that has ensured that many deserving students are funded. The Organisation this year recorded an outstanding achievement in... Read more
One-time applications for currently-funded students
South Africa’s student funding agency, the National Student Finance Assistance Scheme, has called on currently funded student not to reapply should they be studying in 2018. The agency, which introduced its student-centred model last year, aims to made Nsfas application process easier for students, without having queue or submit... Read more
Two million students funded by government since 2013
More than two million students studying at South Africa’s public universities and Technical and Vocational Education and Training (TVET) Colleges have been funded by the National Student Financial Aid Scheme (NSFAS) since 2013, the minister of Higher Education and Training, Dr Blade Nzimande, has announced. The total number of... Read more
HE public sector: Spending rises significantly over 10 years
Government’s financial support for the higher education and training sector via the NSFAS student loan system has risen by more than 600% for universities and a massive 17 900% for technical and vocational education and training (TVET) colleges in the past ten years. Official spending figures from the Department... Read more
NSFAS 2018 applications open today
The National Student Finance Assistance Scheme (NSFAS) will open for applications for funding for 2018 on 1 August 2017. The scheme, which was first known as the Tertiary Education Fund of South Africa (TEFSA) and a fund of just R25 million, celebrated its 25th year of operations in 2016... Read more
TVET college applications open for second semester
TVET college students who wish to apply for funding from the National Student Financial Aid Scheme (NSFAS) have until 4 August 2017 to apply. The scheme, which is an entity of the Department of Higher Education and Training, says that only applicants who intend studying or are already studying... Read more
Rhodes launches ambitious student support fund – Isivivane
When Phelokazi Ndaba*, a 19-year-old Rhodes University law student, became one of the first group of 150 students to benefit from the newly launched Isivivane Fund, she was finally able to let go of her grave fears of becoming another statistic of financial exclusion. Born in a township in... Read more
Rhodes raising R1bn for ‘missing middle’
Rhodes University yesterday launched its biggest fundraising initiative ever aimed at raising R1 billion to assist academically deserving students in financial need. The Isivivane fund was started with a founding amount of R5million from Absa Bank, which will assist 150 academically deserving students from the so called “missing middle”.... Read more