Nzimande dissolves NSFAS board with immediate effect

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The troubled student financial aid scheme will be placed under administration

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Higher Education Minister Blade Nzimande has dissolved the National Student Financial Aid Scheme board with immediate effect and will place the institution under administration.

“In the next few days, the minister will be taking a series of additional and decisive steps, all of which are intended to have the problem of non-payment of allowances resolved as a matter of priority,” it added.The dissolution follows the resignation of NSFAS board chairperson Ernest Khosa on Thursday.

On Friday, the ANC Youth League said it welcomed Nzimande’s decision to dissolve the NSFAS board, saying that it “demonstrates a commitment to accountability and effective governance within the crucial realm of higher education”. The Democratic Alliance’s spokesperson for higher education, Chantal Kings, said the party was calling for Nzimande to also resign.

 

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