Government continues to improve access to NSFAS

Pretoria – Government says it has continued to make strides in improving access to higher education and training for students from poor families through the National Student Financial Aid Scheme (NSFAS).

According to the Department of Higher Education and Training, the NSFAS allocation has been steadily increasing each year and thereby increasing the number of students entering the Post-Education and Training (PSET) system.

“Additionally, the Sector Education and Training Authorities (SETAs) and National Skills Fund (NSF) have made substantial contributions to NSFAS each year.

“From 2012 – 2014/15, the National Student Fund Aid Scheme has made allocations that supported substantial numbers of students,” said the department.

During this period, the department increased allocations from R7 439 417 in 2012/13 to R8 375 767 in 2014/15. This has enabled more students to access the fund, from 382 943 to 409 475 students.

The department noted that NSFAS received additional funding from other donors including SETAs and the NSF, which were not included in the original budget. NSFAS is still finalising claims for the 2014 academic year.

“NSFAS will complete the information compilation in due course on the current 2015/16 numbers of students supported from this year’s R9.5 billion budget,” the department said. –

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