Fears NSFAS defunding 5000 students will lead to financial exclusions

  • 📰 IOL
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa Headlines News

The National Student Financial Aid Scheme has defunded more than 5000 students for the 2020 academic year.

Johannesburg - The National Student Financial Aid Scheme has defunded more than 5000 students for the 2020 academic year after it found that their parents earned above the R350 000 combined household family income threshold.

“A total of 5000 students who were funded for the 2020 academic year have been recently unfunded. A recent financial information obtained from SARS has revealed that these students declared total household family income was above the R350 000 threshold. During the peak of the Fees Must Fall protests almost five years ago, students lobbied the government aggressively to include the ‘missing middle’ for educational funding.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NSFAS goes after 5000 students who ’lied’ to get fundingThe National Student Financial Aid Scheme (myNSFAS) is going after 5000 students who it accuses of lying in order to get funding.
Source: IOL - 🏆 46. / 51 Read more »

NSFAS deregisters 5,000 studentsAbout 5,000 students have been deregistered by the National Student Financial Aid Scheme (NSFAS) for the 2020 academic year. The scheme said it decided to unfund the 5,000 as it was discovered that their total household family income was above the R350,000 threshold. NSFAS administrator Dr Randall Carolissen said: “A recent financial information obtained from South African Revenue Services (SARS) has revealed that these students' declared total household family income was above the R350,0...
Source: SowetanLIVE - 🏆 13. / 63 Read more »

TUT students want NSFAS allowancesDozens of Tshwane University of Technology's (TUT) Soshanguve campus students say they have not been paid their National Student Financial Aid Scheme (NSFAS) accommodation allowances for seven months.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

NSFAS goes after 5000 students who ’lied’ to get fundingThe National Student Financial Aid Scheme (myNSFAS) is going after 5000 students who it accuses of lying in order to get funding.
Source: IOL - 🏆 46. / 51 Read more »

TUT students want NSFAS allowancesDozens of Tshwane University of Technology's (TUT) Soshanguve campus students say they have not been paid their National Student Financial Aid Scheme (NSFAS) accommodation allowances for seven months.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

NSFAS deregisters 5,000 studentsAbout 5,000 students have been deregistered by the National Student Financial Aid Scheme (NSFAS) for the 2020 academic year. The scheme said it decided to unfund the 5,000 as it was discovered that their total household family income was above the R350,000 threshold. NSFAS administrator Dr Randall Carolissen said: “A recent financial information obtained from South African Revenue Services (SARS) has revealed that these students' declared total household family income was above the R350,0...
Source: SowetanLIVE - 🏆 13. / 63 Read more »