NSFAS pays R222m to six universities as Funza Lushaka students await allowances
The National Student Financial Aid Scheme (NSFAS) has disbursed R222 million to six South African universities to support students in the Funza Lushaka teaching bursary program. Despite this payment, officials acknowledge that significant administrative backlogs and unclaimed funds remain, causing ongoing delays for many beneficiaries.
Why it matters
Efficient disbursement of bursary funds is critical for ensuring that students pursuing essential teaching qualifications can remain enrolled and focused on their studies.
The National Student Financial Aid Scheme (NSFAS) has paid more than R222m to six universities for the Funza Lushaka bursary programme amid concerns about delayed student allowances.
NSFAS confirmed payments were made to the Central University of Technology, North West University, the University of Fort Hare, University of Limpopo, University of Pretoria, and University of South Africa.
The payment, confirmed during a meeting in Cape Town between deputy higher education minister Yusuf Cassim, senior NSFAS officials, and the Funza Lushaka programme team, will benefit 2,927 students.
NSFAS said the universities are now responsible for processing the money and paying the respective allowances to students.
Cassim urged NSFAS to obtain confirmation from the institutions about when beneficiaries would receive their money.
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