Nsfas responds to dispute claims

2015-10-15 06:00

FOLLOWING the recent report in Echo that three Technical Vocational and Training Colleges (TVET) had been shut down after students raised concern about transport money which the National Student Financial Aid Scheme had not been giving students living outside campus residence for the past three months, Nsfas has disputed the claims.

Nsfas spokesperson Kagisho Mamabolo said: “Nsfas makes funding allocations to all universities and TVET colleges, including Umgungundlovu TVET College according to prescribed guidelines approved by the board and the Department of Higher Education and Training. “Once the institutions get allocations, it is their responsibility to make funding available to students in line with Nsfas guidelines. The institutions are required, according to the guidelines, to make sure that they spend 80% of the Nsfas allocation on tuition and 20% on allowances. The allowance portion is also subject to the availability of funding.

“Should the demand for the tuition be more than the available 80% portion of the allocation, the institution might not pay allowances. The decision to pay allowances or not lies with the institution management, not Nsfas.

“The principle though, is that when a student signs for a certain amount for allowances, such an amount should be paid accordingly. Allowances for each student differ based on the student’s needs as determined by a means test. Accommodation and travel allowance must be awarded in an accountable manner.”

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Competition regulation for a growing and inclusive economy

ADVERTORIAL: The Competition Commission of South Africa is conducting advocacy work in the South African automotive aftermarket industry and has gazetted a Draft Code of Conduct for public comment.


6 myths about male cancer

It is important to be aware of the most prevalent cancer diseases amongst men in our country.


You won't want to miss...

Who are the highest paid models of 2017?
10 gorgeous plus-sized models who aren't Ashley Graham
5 top leg exercises for men
10 best dressed men of 2017
Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.