CPUT announces 8% increase for rich students
7 October 2016
Cape Town - Cape Peninsula University of Technology (CPUT) Vice Chancellor Dr Prince Nevhutalu on Friday announced an 8% increase in fees for 2017 for the 10% of students who can afford it.
The other 90%, he told an assembly of stakeholders at CPUT's Bellville campus, are students who either have NSFAS loans or fall in the "missing middle" bracket; students whose parents earn less than R600 000 a year.
The government will subsidise the increase for these students, he said.
"We have to be logical. If we had said 0% increase, there would be no subsidisation from government for any students, rich or poor," Nevhutalu said.