NSFAS: Minister Nzimande must reveal his long-touted comprehensive funding model
13 September 2023
Given the ANC's rejection of the DA’s motion calling for a review of the current funding model, we call on the Minister to finally reveal his Department's long-touted comprehensive funding model, as well as take us into his confidence about where the money will come from.
Yesterday, the ANC rejected the DA’s motion calling for a review of the fee-free higher education funding model. The DA has presented its alternative funding model to ensure more students are funded, including the missing middle. It is now high time that the Minister of Higher Education, Dr Blade Nzimande, presents his long-awaited comprehensive funding model.
2 142 888 students applied for NSFAS funding for the 2023 academic year of which 62% (1 328 590) were approved, while 24% (514 293) were rejected and 11.6% (248 575) are at various stages in the funding process.
31 224 students were defunded mid-year and are still waiting for their appeals, their academic futures are now uncertain.