R10 billion NSFAS funding shortfall: Minister Nzimande must explain from where the money will come
14 January 2022
Note to Editors: Please find attached soundbite by Chantel King MP.
The DA will write to the parliamentary portfolio committee on higher education and training to request an urgent meeting with the Department of Higher Education and Training and Treasury to deliberate the feasibility of covering the R10.1 billion National Student Financial Aid Scheme (NSFAS) shortfall.
The current NSFAS model is clearly not up to the task of funding the increasing numbers of students, with the shortfall increasing from R6.8 billion in 2021. Higher Education Minister Blade Nzimande must account to the committee on how the budgeted R43 billion will be spent to accommodate as many students as possible and how he plans to fund the R10 billion shortfall.
He must give definitive answers to the following questions: