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Media Centre  |  Youth Today

The National Student Financial Aid Scheme failing our students

5 May 2015

By Zama Nkosi & Kuviwe Rakhoase

The National student financial Aid is one of the most successful schemes established by the government to assist students who are from disadvantaged backgrounds who have excellent academic ability. It provides loans and bursaries to students in all 26 public Universities and 50 TVET colleges throughout the country. NSFAS is treated like
any other loan because it is money borrowed from the government and it is expected to be paid back fully by all
beneficiaries of the financial scheme.

Some students would totally disagree with the fact that it is one of the most successful financial scheme
simply because they think that itís not everyone that accesses it.They say that if you are lucky enough you will
surely be approved by (NSFAS), some say that hey honestly thought it was a financial scheme meant to assist those who cannot afford tuition fees.

They say if one could make a survey and do proper background check you will actually be amazed by the number of undeserving students that are benefiting from the financial
scheme. This is really unfair to the disadvantaged students because some of them end up not being approved because too many students have been accommodated already so there is a

More on this article see page 66 http://www.cosatu.org.za/docs/shopsteward/2015/mayday.pdf