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NSFAS Board Termination Is Overdue, Say Students

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NSFAS Board Termination Is Overdue, Say Students

NSFAS Board Termination Is Overdue, Say Students. Student organizations express approval of Higher Education Minister Blade Nzimande’s decision to dissolve the National Students Financial Aid Scheme (NSFAS) board and place it under administration.

However, they emphasize the need for further action to ensure timely payment of student allowances.

Welcome Move By Minister Nzimande

Student organizations, including the ANC Youth League (ANCYL) and EFF Students Command (EFFSC), commend Minister Nzimande’s decision to dissolve the NSFAS board. They assert that this action was long overdue due to NSFAS’s failure to fulfill its mandate, particularly regarding timely student allowances.

Challenges Facing NSFAS

ANCYL spokesperson Zama Khanyase highlights NSFAS’s incapacity to administer student allowances promptly, leading to students facing eviction and inconsistency in receiving meal allowances. EFFSC president Sihle Lonzi points out the role of direct payment service providers in exacerbating NSFAS’s challenges.

Call For Action On Service Providers

Lonzi emphasizes the need to terminate contracts with corrupt service providers, stressing that failure to address this issue renders the administration of NSFAS ineffective. Both organizations urge Minister Nzimande to prioritize addressing these service provider issues.

Reasons Behind Board Dissolution

Minister Nzimande cites various failures, including the inability to implement Werksman report recommendations and oversee timely allowance payments, as reasons for dissolving the NSFAS board.

Appointment Of Administrator

Sithembiso Freeman Nomvalo, former head of the South African Institute of Chartered Accountants, is appointed as the NSFAS administrator. His responsibilities include governance, management, and administration of NSFAS for 12 months, with a focus on resolving outstanding payments and initiating the 2025 NSFAS application process.

Expectations From Nomvalo

Student organizations express cautious optimism about Nomvalo’s appointment, stressing the importance of tangible results and independence from political influence. They emphasize the severity of the crisis at NSFAS and the critical role Nomvalo plays in addressing it.

Impact Of NSFAS Crisis

Dr. Phethiwe Matutu of Universities South Africa underscores the importance of resolving the NSFAS crisis to prevent disruptions in higher education. She emphasizes the detrimental effects on students’ education and wellbeing if NSFAS were to collapse.

Conclusion

The dissolution of the NSFAS board and appointment of an administrator mark significant steps towards addressing the organization’s challenges. However, the focus remains on ensuring effective management, resolving outstanding payments, and safeguarding students’ access to education.

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NSFAS News

When We Can Apply For NSFAS In 2025

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When We Can Apply For NSFAS In 2025

When We Can Apply For NSFAS. The National Student Financial Aid Scheme (NSFAS) is a beacon of hope for many students seeking financial support to pursue higher education in South Africa. As we look forward to the 2025 academic year, it’s crucial for prospective students to be aware of the application timeline and eligibility requirements to maximize their chances of receiving funding. Here’s everything you need to know about applying for NSFAS in 2025.

NSFAS Application Opening Date for 2025

The NSFAS application period for the 2025 academic year is set to begin on Tuesday, 17 September 2024. This is the key date when the application portal will open, allowing eligible students to submit their applications. It’s advisable to apply as early as possible to ensure your application is processed promptly and to avoid any last-minute issues.

Eligibility Requirements

Before diving into the application process, it’s important to determine if you meet the NSFAS eligibility criteria. Here’s a breakdown of the requirements:

  1. Citizenship: Applicants must be South African citizens.
  2. Institution Registration: You must be registered or planning to register at a public university or TVET college.
  3. Household Income: Your household’s combined annual income must not exceed R350,000.
  4. Academic Requirements: You should meet the academic requirements of the institution you wish to attend.
  5. Previous Funding: You must not have previously received NSFAS funding.
  6. Postgraduate Studies: NSFAS does not fund postgraduate studies. If you are looking for funding for a postgraduate course, consider applying through the National Research Foundation (NRF).

Who Does Not Qualify?

While NSFAS aims to support as many students as possible, there are specific groups who are not eligible for funding:

  • Household Income: Students from households with an annual income exceeding R350,000 are not eligible.
  • Existing Funding: Students who have already received full study funding from other bursary sources cannot apply.
  • Second Undergraduate Degree: If you already have an undergraduate qualification and wish to pursue a second one, you cannot apply.
  • Private Institutions: Students enrolled in private higher education institutions are ineligible.
  • Non-Approved Qualifications: If your qualification is not approved by the Department of Higher Education and Training (DHET) or is not SAQA accredited, you cannot apply.
  • Second Certificate: Students who have obtained a certificate qualification and wish to study for a second certificate are not eligible.

What Does NSFAS Cover?

NSFAS provides a comprehensive bursary package that includes:

  • Registration Fees: Full coverage of your registration fees.
  • Tuition Fees: Payment of your tuition fees.
  • Book Allowance: Financial support for purchasing books and other academic materials.
  • Accommodation: Coverage for accommodation or living expenses.

How to Apply

To apply for NSFAS funding for 2025, follow these steps:

  1. Prepare Your Documents: Ensure you have all necessary documents ready, including proof of income, identity documents, and academic records.
  2. Visit the NSFAS Website: Go to the official NSFAS website on 17 September 2024 to access the application portal.
  3. Complete the Application Form: Fill out the application form with accurate information. Be sure to double-check all details before submitting.
  4. Submit Your Application: Once you have completed the form, submit it through the NSFAS portal. You may need to upload supporting documents as part of the application process.
  5. Track Your Application: After submission, monitor the status of your application through the NSFAS portal to stay updated on any additional requirements or next steps.

Conclusion

The NSFAS application for the 2025 academic year opens on 17 September 2024, and it’s essential for prospective students to prepare and apply early. Understanding the eligibility requirements and the details of what NSFAS covers will help you navigate the application process smoothly. By ensuring you meet the criteria and submitting a complete application, you can take a significant step towards securing the financial support needed to achieve your academic goals. Good luck with your application, and may your journey towards higher education be a successful one!

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