HIGHER EDUCATION: NSFAS allowances to increase by 5%, says Blade Nzimande

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At a press briefing on Tuesday, the Minister of Higher Education, Science and Innovation, Dr Blade Nzimande, announced that all allowances granted by the National Student Financial Aid Scheme would be increased by 5%.

has increased student allowances by 5% to account for higher costs of living after theStudents in university accommodation with catering will receive a R5,460 learning materials allowance and an accommodation allowance capped at R61,500.

Students in private off-campus accredited accommodation will receive a learning materials allowance of R5,460, a R16,500 per annum living allowance and an accommodation allowance capped at R45,000.At a press briefing on Tuesday, Higher Education Minister Dr Blade Nzimande noted that living allowances had increased by 10% from last year.

Students in TVET college-owned catered residences will receive an accommodation allowance to the value of R54,045 per annum. Students residing less than 10km from the college will receive a R6,000 living allowance, a R3,045 personal care allowance and a R7,718 travel allowance.

 

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About 900,000 students stand to benefit from an Nsfas budget of R47.6 billionHigher Education Minister Blade Nzimande says the National Student Financial Aid Scheme budget for 2023 was projected at just under R50 billion. I wonder what the impact would be if deserving and promising small businesses were also given that much a year as grants. I am referring to this in an ideal world where cadres do not exist. But I thought Zuma implemented free education for all? That’s what his brainwashed fans keep singing about 🤷🏻‍♂️ More freebies
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900 000 students to receive NSFAS bursaries in 2023: Nzimande - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Minister of Higher Education, Science and Innovation, Blade Nzimande says the government has set aside R47 billion to fund an estimated 900 000 NSFAS beneficiaries this academic year. It's just good thing that NSFAS is in use for our children 👀 Free education is possible in South Africa
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