Student financial aid scheme sees 25% jump in applications

South Africa’s National Student Financial Aid Scheme (NSFAS) saw a 25% jump in funding applications for 2021. Higher Education, Science and Innovation Minister Blade Nzimande says this shows an increasing demand for access to higher education and training opportunities, writes Sandisiwe Shoba for the Daily Maverick.

The demand for funding from NSFAS has grown by 25% in 2021, Nzimande said on Monday 18 January. Speaking during a briefing on the latest developments in the post-school education sector, Nzimande said NSFAS had received more than 750,000 applications for the 2021 academic year, an increase of approximately 185,000 applications from 2020. This, Nzimande said, showed “a high level of demand for funding support and access to higher education and training opportunities”.

NSFAS is still evaluating applications, and funding decisions should be completed by mid-February, ahead of the 2021 academic year due to start between March and mid-April. To help verify students’ eligibility for funding, NSFAS had entered into a partnership with the South African Revenue Service.
Full report on the Daily Maverick site