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Govt approves R7bn towards #FeesMustFall gap

All this is over and above the R10 billion already allocated to NSFAS.

Minister in the Presidency Jeff Radebe at President Jacob Zuma's update on the State of the Nation address in Pretoria on 11 August 2015. Picture: Reinart Toerien/EWN
Fees must fall,Minister in the Presidency Jeff Radebe,NSFAS
Local Business

PRETORIA - Government has approved nearly R7 billion of additional funding for higher education to meet the commitments President Jacob Zuma made to students at the end of last year. 

Minister in the Presidency Jeff Radebe made the announcement in Pretoria today following a special Cabinet briefing. 

The meeting was called to discuss the state of the economy and the budget-related issues. 

Minister Radebe says as an immediate measure, government has allocated R2.3 billion towards the university operational budget shortfall caused by the agreed zero-percent fee increment for this year. 

“Government has also prioritised R2,5 billion of state funding to be allocated to [National Student Financial Aid Scheme] NSFAS to provide loans to assist 71,753 students.”

He says a further R2 billion will be allocated to the NSFAS to support unfunded and under-funded students.

All this is over and above the R10 billion already allocated to the financial aid scheme. 

WATCH: SRC leaders outline demands for #FeesMustFall in 2016

While government says it’s committed to providing tertiary education to all who are academically deserving

It says disrupting learning activities and unreasonable demands are counter-productive to this goal. 

Radebe says Cabinet has called on students, academics and university administrators to work with government to help provide tertiary education to all who academically deserving. 

The minister criticised those not working towards this goal. 

“Actions that disrupt learning or create unreasonable and practically unachievable expectations are counter-productive; violence and intimidation are not unacceptable.”

WATCH: The day fees 'fell'

(Edited by Winnie Theletsane)

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