EXPLAINER | Is there enough money for first-year varsity funding? What you need to know

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Higher Education Minister Blade Nzimande.
Higher Education Minister Blade Nzimande.
Gallo Images/ Sowetan/Thulani Mbele

The National Student Financial Aid Scheme (NSFAS) will be funding all returning beneficiary students, who meet the academic and other relevant criteria, for the coming academic year, Higher Education, Science and Technology Minister Blade Nzimande announced on Monday. 

However, it remains unclear whether the scheme will be able to fund the studies of new first-year students who graduated matric in 2020 due to budget constraints. 

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