UCT announces 8% fee increase for 2017

2016-12-13 18:08
AngloGold Ashanti chairperson Sipho Pityana. (News24)

AngloGold Ashanti chairperson Sipho Pityana. (News24)

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Durban – The University of Cape Town on Tuesday announced an 8% tuition fee increase for the 2017 academic year.

The decision to increase the tuition and accommodation fees was taken during the council's last meeting on December 10, spokesperson Elijah Moholola said.

He said qualifying students from families with incomes less than R600 000 per year would not have to pay any increases.

Council approved the implementation of an 8% general increase in tuition fees and a 10% increase in accommodation fees for students with household incomes of more than R600 000 per annum.

For these students, because there had been no fee increase in 2016, it in effect amounted to a 4% increase per year for tuition and a 5% increase per year for accommodation and meals, he said.

Vice-chancellor Max Price said the challenge facing the university’s leadership was balancing the institution’s long-term sustainability with financial support for students who could not afford to pay.

Long-term sustainability included advancing UCT’s teaching and research excellence and international reputation.

Poor protected

“This is why we have for many years now (and long before other institutions) committed significant resources to financial aid for academically deserving students from poor and working-class families, including those above the NSFAS threshold.”

Qualifying students last year got financial assistance worth R126 million, which came out of UCT’s budget. An additional R280m to R300m came from sponsors, foundations, alumni, and corporates. 

Council chairperson Sipho Pityana said management intended ensuring that higher education was more affordable.

"We increase the fees reluctantly, but with current government subsidies available to us, we have no choice.

“If we do not increase fees, we simply won’t be able to deliver at the same level. We are very pleased, however, that we are able to protect the poor and missing-middle students from any increases,” he said.  

On December 5, the University of the Witwatersrand announced its fee increase for 2017 would be limited to an average of 8%. 

Read more on:    university of cape town  |  sipho pityana  |  max price  |  cape town  |  feesmustfall  |  education

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