R49bn allocated for NSFAS as Nzimande promises to support poor, ‘missing middle’ and postgrads

Now, the overall total enrolments within the public university sector have been projected to be 1,110,361 for the 2022 academic year, he said. Meanwhile, the number of students enrolled in TVET colleges went up from 452,277 in 2020/21 to 580,849 in 2022/23, according to Nzimande.

The minister said of the total budget, R45.9bn included funding reprioritised from the departmental budget to ensure that the full shortfall for the NSFAS is addressed in 2022/23 to support students during the 2022 academic year. “Clearly R2.9bn is inadequate for student accommodation, therefore we will seek private-sector partnerships, including those already indicating they are investing on their own,” said Nzimande.

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