Nsfas financial scheme urges students to sign agreements or lose funding
Nsfas urges first-year students to sign their agreements by July 31.
Students and members of the EFF sing struggle songs, 30 January 2015, at the Vaal University of Technology in VanderbijlPark. Students are calling for the National Student Financial Aid Scheme (NSFAS) to pay out money to those students who are in financial trouble. Picture: Alaister Russell
The National Student Financial Aid Scheme (Nsfas) on Tuesday reminded first-year students who have qualified for bursaries to sign their agreements by July 31 or risk not having the money paid.
Nsfas recently announced that it was implementing its new bursary agreement after government’s announcement of free education for students from poor families. The agreement only applies to first-year students and senior students who applied to Nsfas for the first time this year.
“Nsfas is concerned that the process is moving slowly. By 15 May, we had generated 37 893 [agreements] but only 5 063 had been signed,” it said in a statement.
The agreement outlines new terms and conditions that students must adhere to.
– African News Agency (ANA)
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