SAFTU supports students against financial exclusions
10 March 2021
Students at Wits are embarking on a strike, demanding the university register all returning students who due to student debt may not be able to continue with their studies this academic year. Wits, UKZN, UFS and other institutions intend to disallow students with historical debt to register, citing financial strains on their costs of operation, if they do not recover this money from owing students. UNISA students have taken the university to court for not filling more than 20 000 seats because of NSFAS’s refusal to provide financial aid.
The issue of financial exclusions at institutional level calls into question NSFAS’ funding as a result of Finance Minister Tito Mboweni’s austerity budget. NSFAS has not been funding deserving students whose parents’ income is below R350 000, as promised. And the old problem of debt that NSFAS failed to write off continues to persist amongst working-class students even after the 2017 #FeesMustFall victory.
Going forward, funding will undoubtedly become an issue. NSFAS has already announce that it has cut its budget by R6 billion, and requires an extra R4 billion to cover costs of the extended academic year caused by Covid-19. Even though other students who are returning are guaranteed funding as long as they meet Minister of Higher Education Blade Nzimande’s undisclosed criteria, the first-year students are not guaranteed bursaries.
SAFTU has repeatedly said that the problem of funding of public services is due to the neoliberal development path that government is pursuing. Despite Mboweni insisting during the budget speech that the budget was not an austerity budget, the cut in the higher education allocation proves the finance minister wrong.