[ALERT] Presidency announces govt will subsidise free higher education
Commission of Inquiry into higher education recommended that government increase its expenditure on higher education and training to at least 1% of the GDP.
JOHANNESBURG - The Presidency has issued a statement on the Commission of Inquiry into higher education and training, saying the government will increase funding to support free higher education.
The commission recommended that government increase funding to the post-school education and training sector as a whole in line with increased costs for providing quality education and infrastructure needs.
It has also recommended that government increase its expenditure on higher education and training to at least 1% of the GDP, in line with comparable economies.
The commission also recommended that government pay particular attention to the Technical and Vocational Education and Training colleges as they cannot perform at their current funding levels.
The Higher Education and Training Department's Gwebi-Nkundla Qonde says, “Since the NSFAS cap has been determined in the early 1990s at 122,000 per household family income, he felt that it has been left at that level for far too long.”
Subsidies to universities will also be increased from 0.68 percent to 1 percent of the GDP over the next five years.