Cabinet has approved more funding for NSFAS. This comes as many students wait to receive feedback about their NSFAS applications.
Acting Minister in The Presidency, Khumbudzo Ntshavheni will address the media on Thursday, 11 March 2021 to talk about the outcomes of the Cabinet meeting that was held earlier this week.
The Cabinet meeting took place on Wednesday, 10 March 2021, as final decisions were being made about NSFAS funding.
Many students who applied for NSFAS funding are still waiting to hear feedback. This address is expected to give students more clarity about when funding decisions can be expected.
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Higher Education, Science and Innovation Minister, Dr Blade Nzimande said he will also host a media briefing to give more details.
“Myself after Cabinet has communicated, I will also have a briefing with the public in order to give more details and information but as Minister of Finance said, what is guiding us is that no deserving student who qualifies must actually be left out, and that’s the policy of government. Especially the children of the poor and working class,” said Nzimande.
On Monday, the Minister held a media briefing to address the uncertainty around funding decisions for 2021.
During the briefing, the Minister announced that NSFAS will continue to fund all returning students who qualify.
He also announced that new students will be given an extension of 2 weeks to register.
“We have eliminated a lot of uncertainty in relation to NSFAS students right now. On Monday, I announced that despite the fiscal challenge that we are having, all NSFAS continuing students who have met the criteria for progression will be supported, all of them. In other words, those who are already in the system in universities and TVET colleges, they must be registered and NSFAS is going to pay for them."