NSFAS assures beneficiaries that funding won't be delayed

JOHANNESBURG  - The National Student Financial Aid Scheme (NSFAS) has assured beneficiaries that monthly stipends, book allowances and accommodation funds won't be delayed.

Last year thousands of students at several universities and T-Vet colleges were left stranded due to the scheme's failure to pay allowances on time.

READ: NSFAS attributes negative audits to universities submitting incorrect statements

NSFAS recently sent over R3-billion to institutions entrusting them to disburse February and March allowances directly to students.

Its acting board chairperson Lourens van Staden said this will ensure a smooth disbursement process.

"Following delays in the 2024 academic year largely due to registration delays,  the board took a decision to request institutions in the interim to operate as a channel to pay the February and March allowances. Communication was therefore sent to all universities notifying them of this decision."