Feenix, the student crowdfunding platform sponsored by Standard Bank, surveyed 261 students from 25 public universities in SA.According to the “Feenix Insights and Learning 2020” report, the three biggest challenges faced by university students in 2020 due to Covid-19 was a lack of access to resources as a result of being away from campus, increased stress and anxiety, and a home environment not conducive to studying.
About 70% of students surveyed in the report indicated having an annual household income below R100K, yet 88% of the students did not qualify for the National Student Financial Aid Scheme, and other finance options such as scholarships and loans were inaccessible to them. Twenty-two percent of students interviewed said Covid-19 negatively affected their academic performance, getting a B instead of an A rating. Fifteen percent said it had negatively affected their academic progression, while 25% said their earning potential was affected.
Individuals and corporates responded to the crowdfunding initiative and raised R3.5m to equip 403 students with data, digital devices and food in 2020, of which R2m was donated by Standard Bank.
Source: Education Headlines (educationheadlines.net)
StandardBankZA Investing today will save you the stress of financial crisis tomorrow.. Live the kind of life you want today by investing and trading Bitcoin option. Trade with a professional trader and start making good profits today. DennisEllins for transparency and trust.