Thousands of prospective university students’ funding applications have been turned down by the National Student Financial Aid Scheme (NSFAS) for the 2017 academic year. The NSFAS said on Thursday that 9,976 had been turned down because they did not meet its eligibility criteria. The unsuccessful applicants now have to lodge appeals motivating why they should be funded. However, funding applications are closed. The NSFAS is the main source of funding for needy students. It received 233,470 applications at the end of 2016, from which it has made offers to 175,348 students. Funding has been prioritised for first-year students. Returning students got funding if they were part of the scheme in 2016, satisfied the 50% module pass requirement for the 2016 academic year and signed their agreement forms in 2016. NSFAS spokesman Kagisho Mamabolo said maximum funding per student was R76,000 but costs for each student would be submitted by universities once 2017 registration closed. These incl...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.