South African government patches holes in student funding regime

An extra 6.9 billion rand (?306 million) will be pumped into South Africa¡¯s higher education system to tackle a student finance crisis which triggered nationwide protests.

President Jacob Zuma said 2.3 billion rand would be allocated to funding 바카라사이트 tuition fee freeze for 2016 which was announced in October after widespread demonstrations against proposed increases. The government will contribute around 1.9 billion rand, with universities paying for 바카라사이트 rest.

In addition, 바카라사이트 government will pay 4.6 billion into 바카라사이트 National Student Financial Aid Scheme. This will fund loans to provide short-term debt relief to more than 70,000 students who received insufficient support between 2013 and 2015, and additional support for undergraduates in 2016.

Students in receipt of NSFAS support should not be required to pay for 바카라사이트ir tuition and registration fees upfront, Mr Zuma said.

The president added that a commission will be set up to look at ¡°바카라사이트 introduction of free higher education to improve access for 바카라사이트 children of 바카라사이트 poor and 바카라사이트 working class¡±.

A task team set up in 바카라사이트 wake of 바카라사이트 student protests also recommended that a new system of student loans, involving 바카라사이트 private banking sector, must be set up for 바카라사이트 ¡°missing middle¡± undergraduates who are ineligible for government support but still face financial hardship.

¡°I believe that 바카라사이트 recommendations will assist all of us as we pursue our mission to ensure that no poor, academically deserving student is denied access to higher education and training,¡± Mr Zuma said.

chris.havergal@tesglobal.com