https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Financial|System|Training
Financial|System|Training
financial|system|training
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

DHET vows to fix NSFAS while SIU tries to claw back R112m


Close

Embed Video

DHET vows to fix NSFAS while SIU tries to claw back R112m

NSFAS logo

19th July 2024

By: Thabi Shomolekae
Creamer Media Senior Writer

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The Higher Education and Training Deputy Minister Dr Mimmy Gondwe has vowed to fix the National Student Financial Aid Scheme (NSFAS) and take the institution out of administration, while ensuring that “only deserving students” are provided with the financial support they need.

The Department of Higher Education and Training (DHET) commended the Special Investigating Unit (SIU) for taking active steps to claw back irregular payments, which Gondwe said sent a clear message that the abuse of the student funding system would not be tolerated.

Advertisement

SIU spokesperson Kaizer Kganyago on Thursday highlighted that SIU had signed debt agreements with over 400 students who did not qualify to be funded by NSFAS, but who received funding anyway.

The SIU said that in total it expected to be paid back over R112-million in irregular payments, as part of the agreements.

Advertisement

Gondwe noted that 421 students, from across five universities and four technical vocational education and training colleges, who did not qualify to be funded by NSTAS, had signed acknowledgement of debt agreements to pay back the money that was irregularly paid to them.

She highlighted that the SIU attributed these irregular payments to “weak controls” within NSFAS, which she said resulted in overpayments and underpayments from 2017 to date.

She said the R112-million paid out to undeserving recipients potentially robbed 1 700 deserving students who could have been funded for at least one academic year.

“In a sense, there are many victims who may have dropped out or deferred their studies because they could not afford to pay the requisite academic fees. Every rand that is spent on an undeserving beneficiary robs a deserving one,” she stated.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za