Student betting on NSFAS allowances raises alarm
The South African Responsible Gambling Foundation is launching an intervention program at universities to address students using financial aid allowances for online betting. The initiative aims to provide financial literacy and support for students struggling with gambling addiction.
Why it matters
Rising gambling participation among financially vulnerable students poses a significant threat to educational attainment and long-term financial stability for youth.
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The South African Responsible Gambling Foundation (SARGF) is warning that a growing number of financially vulnerable university students are using their NSFAS living and book allowances to fund online betting, prompting the rollout of a nationwide intervention aimed at curbing gambling-related harm on campuses.
The foundation has expanded its Taking Risks Wisely Tertiary Edition programme to universities across South Africa, saying it comes at a time when many students are under severe financial pressure and increasingly view gambling as a way to supplement their income.
SARGF spokesperson Lebo Seoheng said the programme forms part of the organisation's broader harm reduction strategy.
"The South African Responsible Gambling Foundation is rolling out the Taking Risks Wisely tertiary edition as part of its harm reduction strategy," said Seoheng.
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