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NSFAS: Over 160,000 students have already received tertiary funding

NSFAS has already paid R1.3 billion to 26 universities nationwide to cover the registration of students.

NSFAS Chairperson Sizwe Nxesana briefs media about additional student funding that's been made available for 2016 academic year. Picture: Vumani Mkhize/EWN.

CAPE TOWN - The National Student Financial Aid Scheme (NSFAS) says more than 160,000 students have already received tertiary education funding.

It vows no deserving students will be turned away.

Applications to the scheme have increased this year after a deadline was extended and it now funds more than 400,000 university-goers a year.

NSFAS has already paid R1.3 billion to 26 universities nationwide to cover the registration of students.

Officials are still processing more applications and are expected to finalise all by close of business on Friday.

NSFAS spokesperson Kagisho Mamabolo says there could be delays in approving some students as officials are still awaiting results from deferred university exams.

Mamabolo says returning students who have been beneficiaries will be funded automatically without applying, provided they signed their loan agreement forms and passed at least 50% of their modules.

(Edited by Shimoney Regter)

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