Students surprised as Nsfas fails to terminate contracts with third-party financial service providers

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Education News

TUT,Nsfas,Financial Service Providers

TUT suspended student representative Keamogetswe Masike reveals that the Nsfas third-party financial service providers have not been scrapped due to the department's failure. This comes after the announcement of terminating their contracts.

TUT suspended student representative Keamogetswe Masike said that students were surprised to see that the Nsfas third-party financial service providers had not been scrapped, who said that this was a result of, among other things, the department's failure to get rid of third-party financial service providers eZaga Holdings, Tenet Technology, Noracco Corporation and Coinvest Africa.

This after the chairperson of the National Student Financial Aid Scheme board, Ernest Khosa, announced that these service providers' contracts would be terminated.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

Source: Education Headlines (educationheadlines.net)

TUT Nsfas Financial Service Providers Contracts Termination Students

 

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