No NSFAS amnesty, says Dept of Higher Education and Training

JULY 1, 2016

The Department of Higher Education and Training says there has been no amnesty or suspension of loan repayments to the National Student Financial Aid Scheme (NSFAS). In the Eastern Cape, NSFAS has benefited thousands of students at the University of Fort Hare (UFH), Rhodes University, Walter Sisulu University (WSU) and Nelson Mandela Metropolitan University (NMMU).

Due to one reason or the other, some of these students end up not being able to repay their NSFAS loans.

“Some confusion appears to have arisen because debts owed by some individuals to universities for fees owing from 2013 to 2015 are being settled through NSFAS loans.

“This has allowed graduates to obtain their certificates and degrees in order to assist them in finding work or continue with their studies, but they are still required to repay NSFAS as agreed,” said the department in a statement.

NSFAS is a loan and bursary scheme funded by the department for those who do not have the financial means to fund their studies and/or cannot access bank funding, study loans or bursaries.

– additional reporting