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New student funding model will soon be presented to Cabinet for approval – SABC News [Video]

The Department of Higher Education says a new comprehensive student funding model will soon be submitted for Cabinet approval. This was announced by the Minister of Higher Education and Training, Blade Nzimande. He was briefing Parliament on the state of readiness for the 2023 academic year.

He says the envisaged funding model will also include all students who are not currently funded by the National Student Financial Aid Scheme (NSFAS).  Nzimande says NSFAS has approved the funding of more than a million beneficiaries for this year.

“On student funding-in relation to this issue, we are now working towards the finalisation of a new comprehensive funding model which we aim to submit to the Cabinet within the next two to three months. We aim through this to also introduce measures to support all the categories of students including those who are not supported by the current NSFAS funding policy.”

Post-school education …

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