Class of 2015 urged to make financial plans ASAP

NSFAS says it already has its hands full after the matric results were released this week.

FILE. Teachers hand out matric results at the Mfuleni High School in Cape Town on 6 January 2016. Picture: Reinart Toerien/EWN

JOHANNESBURG - Matric pupils who passed the 2015 academic year and are looking to study further have been urged to make financial plans as soon as possible.

The National Student Financial Aid Scheme (NSFAS) says it funds about 60 percent of the student population and it already has its hands full after the matric results were released this week.

The class of 2015 achieved a 70.7 percent pass rate, a drop of 5 percentage points.

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The scheme's Kagisho Mamabolo says the requests for financial aid have been flooding in, but prospective students need to be aware that there is certain criteria they look at.

"Mainly, we're funding all South African citizens, the financially needy and academically deserving. We have methods that we use to look into that. You need to provide documentations."

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Click here to visit EWN's matric portal which includes all the results.