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NSFAS to introduce new perks, more money for 2023 students

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“The increase is above inflation, taking into account that for three years there was no increase,” Nzimande said.

31 January 2023 - 18:53Minister of higher education, science and innovation Blade Nzimande gives an update on the readiness of NSFAS for the 2023 academic year.The National Student Financial Aid Scheme has introduced new methods to improve student funding, including an increase in allowances.

Minister of higher education, science and innovation Blade Nzimande and NSFAS gave an update on their readiness for the academic year on Tuesday. This included issues of approved budgets, changes in allowances, eligibility criteria and the ongoing issue of student accommodation. Nzimande’s briefing comes ahead of the closing of the NSFAS applications at midnight on Tuesday.

NSFAS has set aside R47bn to fund an estimated 900,000 beneficiaries. However, NSFAS students will get an inflation-related 5% increase on all but living allowances.We have launched new platforms such as the NSFAS WhatsApp and USSD to help students track their application statuses. We hope students will utilise these platforms effectively to engage with us.

 

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Youth, go and vote

The only student loan you don’t have to pay back 🤦‍♂️

The gods r unswering our prayers look at him he is changing colour they hv been abusing us 4 too long,nt even money tht they steal CN save him.

It's no more Zuma's fault?

They are really pulling out all the stops to get the youth vote next year😂

I would love know the percentage of past NSFAS recipients that are now taxpayers to determine if it has been a good investment.

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