Minister Blade Nzimande has proposed a new fee agreement with public universities. He hopes the policy framework will help regulate university fees.
He has put forward a 4.7% increase in tuition fees and a 6.7% increase on accommodation fees. The minister said the increase in accommodation fees is higher than the increase in tuition fees because it's affected by the property market.
Some universities are nearly done with the 2020 academic year. Most will complete the 2020 academic year before March 2021.
The University of Johannesburg and the University of Pretoria both plan to complete the academic year by the end of November.
- Wits University
- Sol Plaatjie University
- Stellenbosch University
- University of Cape Town
- Cape Peninsula University of Technology
- University of Western Cape
Other universities plan to finish the 2020 academic year in 2021 before the end of April.
Minister Nzimande said the National Student Financial Aid Scheme (NSFAS) was not given more money to support students throughout the extended academic year.
The Higher Edcuation Department then requested NSFAS to identify existing funds that could be used to fund students. This was successful and Minister Nzimande was happy to share good news for students whose academic year has been extended.
He announced that NSFAS will make additional living allowances available to cover meals & personal expenses for qualifying university students.
“We urge our students to spend this money wisely because it’s their future” said the Minister.
However, students who have completed their academic year will not get additional allowances.