NSFAS Latest Updates Today 26th February 2023
In todays latest NSFAS News – Dr. Blade Nzimande, South Africa’s Minister of Higher Education, Science, and Innovation, updated the National Assembly on the government’s plans for the National Student Financial Aid System (NSFAS) in 2023. Nzimande said that this year’s estimated funding for the scholarship is R47.6 billion.
For the 2022–2023 school year, NSFAS will provide provisional funding for 1 083 055 pupils. This is a watershed moment in the government’s efforts to provide financial aid to students from low-income families.
Department officials made sure that all NSFAS students could sign up for classes without having to fork up money up front for things like registration fees. Students receiving NSFAS grants had historically been required to wait until they were distributed before they could enroll for the upcoming school year.
This year, though, NSFAS paid TVET schools and public universities in advance so that all bursary recipients could enroll in classes before the semester began. Unfortunately, there were holdups in the registration procedure for several students.
In the upcoming weeks, the division will meet with university registrars to discuss these holdups in registration. Everything shall be addressed to guarantee that those who receive NSFAS are not singled out or disadvantaged in any way.
Students were also provided with stipends from NSFAS to help with other living expenses including transportation, books, and food. Efforts to overcome obstacles have resulted in the creation of a direct payment platform and a student housing platform.
There was a detrimental effect on students’ mental health due to problems with allowances and housing. Worries over rent, utilities, and food kept students from concentrating on their coursework.
Hence, NSFAS made certain that 2018 will be different. The mission of the department is to equip students with all they need to succeed in their chosen field of study.