DA proposes new funding model for higher education
In 2021, the cabinet asked higher education minister Blade Nzimande to come up with an alternative model, which he has yet to finalise
The government’s policy of providing free higher education for students from poor and working-class families is unsustainable, and should be replaced with an income-based model that includes grants and loans, the DA said on Thursday. Its model is similar to one proposed by the judge Dennis Davis tax committee several years ago.
Students from families with a household income of less than R350,000 a year qualify for free higher education, channelled through the National Student Financial Aid Scheme (Nsfas). The scheme is funding 1.1-million students for the 2023 calendar year and received a budget allocation of R47bn for 2023-24...
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