R45k accommodation cap is sustainable, says NSFAS

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An annual, capped, R45,000 accommodation fee per student in public higher-learning institutions is sustainable, says the National Student Financial Aid Scheme.

The second, the mid-student market, targeted middle-income students with an affordability range of between R3,000 to R4,500 a month. Such accommodation typically provided larger bedrooms compared with the NSFAS market, and came with amenities and services such as student support services, entertainment areas and other social amenities. It was often occupied by students who “top up” their NSFAS accommodation allowances.

These premium packages may also include the use of student services and other amenities. The price point of upper-end student housing was between R5,000 and R8,000 a month, but in exclusive nodes and developments could top R14,000.“Given the diversified market for student accommodation, NSFAS settled for the middle ground, which is the second market segment, based on affordability,” Skosana said.

 

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R45k accommodation cap is sustainable, says NSFASAn annual, capped, R45,000 accommodation fee per student in public higher-learning institutions is sustainable, says the National Student Financial Aid Scheme. If the money being looted by the government was put to good use instead, South Africa could take better care of students. Maybe there should be conditions to this? Study and no participating in protests? Fail two years in succession and you out or pay your own fees until you pass? This is taxpayers money being spent. People from all walks of life working hard and paying their taxes. Tefsa students used to pay back their study loans so that future students can also be able to study, why don't myNSFAS beneficiaries want to pay back the loan so that future students can also access funds? Money doesn't fall from the sky, that's why government is so indebted.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Committee established to review NSFAS accommodation allowance - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.A Working Committee has been established to review the R45 000 student allowance for accommodation at universities and colleges. Just pay the students the monmey to find their own accomodation. Stop this nanny state business that leads to more corruption. Have we not learnt that online learning is also available where you can even help around the house with your parents, while studying instead they come to university to party and waste money it even means less traveling and you save money... While they do that can they please pay the students’ shortfall to cover the total required amount. I beg 🙏🏽
Source: SABCNews - 🏆 37. / 51 Read more »