Student financial aid programme extends helping hand as Nzimande dissolves Nsfas board

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Student financial aid programme extends helping hand as Nzimande dissolves Nsfas board

Morné du Toit, the CEO of ISFAP, a funding model that caters for the higher educational needs and costs of South Africa's poor and middle-class students, has not only expressed concern that the Nsfas board has been dissolved with immediate effect, but added that because"so many young people rely on Nsfas to fund their higher education, they are worried that the programme is failing to assist others who are less fortunate.

With a budgeted allocation of R53.6 billion for 2024, Nsfas aims to provide financial support to over a million students in the current academic year.We are here to help. We want to see young people be supported as they pursue their studies, to become successful contributors to society down the line.'s decision to dissolve the Nsfas board, the minister has assured South Africans that his reasons, as well as the measures that will follow, will all be explained in a briefing on Sunday.

In a letter to Nzimande, Khosa requested that he be removed from his position as board chairperson, citing ongoing security concerns for himself and his family.Keamogetswe Masike, president of the student representative council at Tshwane University of Technology, told City Press this week that they would hold a demonstration soon to raise awareness of the"deteriorating state" of the department of higher education.

 

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