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NSFAS to fund students who were enrolled at university from 2013

The funding injection will not accommodate the so called 'missing middle' this year.

NSFAS Chairperson Sizwe Nxesana briefs media about additional student funding that's been made available for 2016 academic year. Picture: Vumani Mkhize/EWN.
NSFAS,National Student Financial Scheme Nsfas,student funding
Local

JOHANNESBURG - Financial aid scheme National Student Financial Aid Scheme (NSFAS) says only students who were already enrolled at university from 2013, but were only partially funded or not at all, will qualify for the additional budget allocated by government.

NSFAS held a briefing this morning on the conditions and administration of this year’s R14,82 billion allocation.

The financial aid scheme’s chairperson Sizwe Nxasana says students who had already been accepted by the scheme but forced to leave their university, will now qualify for the new funding.

“The students who would have been unfunded, or partially funded, by NSFAS during the three-year period.”

The students will also be required to sign a new loan agreement.

The funding injection will not accommodate the so called missing middle this year until the piloting of a new funding model in 2017.

WATCH: R10 Billion funding boost for NSFAS

(Edited by Masechaba Sefularo)

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