WSU student accidentally receives R14m NSFAS deposit, spends a lot
30 August 2017
Port Elizabeth - A Walter Sisulu University student who accidentally received a whopping R14m pay-out from the National Student Financial Aid Scheme has already spent about half a million of it, the university confirmed on Tuesday.
''I can confirm that she received R14m into her Intellicard account,'' said university spokesperson Yonela Tukwayo.
''I can also confirm that the student is liable for every cent,'' said Tukwayo.
She explained that Intellicard, which facilitates the student payments, should have detected the blunder immediately after it was made earlier this year.