Naledi Pandor: New student funding model a grant rather than loan

Higher Education Minister Naledi Pandor and the National Students Financial Aid Scheme (NSFAS) briefed the media on details around free higher education, a promise made by former president Jacob Zuma in 2017.

According to Pandor, more funding has been made available over the next three years, for students whose parents earn less than R350 000 per annum.

She says poor students entering university and colleges for the first time will receive an addition R7 billion in financial aid.

Read: Presidency announces govt will subsidise free higher education

We now have expanded the full bursary which has replaced that which we previously had, which was a partial loan and partial bursary scheme.

Naledi Pandor, Minister of Higher Education

The minister says they will be revealing the conditions for beneficiaries attached to these bursary schemes.

The beneficiaries will be expected to meet academic criteria as well as do some form of community service. She says this will show appreciation to taxpayers who have helped fund their education. These matters are still under discussion and have not yet been finalised, she adds.

Those who meet the criteria, from first year, will be receiving the funding...

Naledi Pandor, Minister of Higher Education

Pandor says that there are programmes to assist students who 'drop out'.

We are doing all we can from the side of government to support young people who might be struggling academically. We are giving them academic support as well as psycho-social (support) deriving from a family or a personal situation...

Naledi Pandor, Minister of Higher Education

Although the final figures will be released soon, the minister believes that about 450 000 students will be funded in 2018.

To hear the rest of the conversation with Minister Naledi Pandor, listen below:


This article first appeared on 702 : Naledi Pandor: New student funding model a grant rather than loan


Recommended

by NEWSROOM AI
Read More
[WATCH] Bongani Bingwa: 'Let's raise the level of discourse of social media'

[WATCH] Bongani Bingwa: 'Let's raise the level of discourse of social media'

How you ever really stopped to think about the way you engage on social media?

I still drive a 2000 Camry. I don’t like debt - Chris Schutte (Astral Foods CEO)

I still drive a 2000 Camry. I don’t like debt - Chris Schutte (Astral Foods CEO)

The Money Show’s Bruce Whitfield interviews Schutte about his attitude to money (hopes and fears, successes and failures, etc.).

'There are no boundaries for fanatical supporters'

'There are no boundaries for fanatical supporters'

A sports psychologist analyses the reaction of angry Kaizer Chiefs fans who invaded the Moses Mabhida Stadium pitch on Saturday.

Azania Mosaka: 'How can the PSL say they are surprised?'

Azania Mosaka: 'How can the PSL say they are surprised?'

Azania says the Premier Soccer League (PSL) has failed to deal with smaller, similar violent transgressions effectively before.

Naledi Pandor: Society wanted free education

Naledi Pandor: Society wanted free education

Higher Education Minister Naledi Pandor explains her plan for her new portfolio and free higher education.

Finance Minister Nene is optimistic about downgrade after Moody's meeting

Finance Minister Nene is optimistic about downgrade after Moody's meeting

Nene spoke to the media about rating agencies, state capture, nuclear and free education at a meeting hosted by Fedusa.

Did the Budget pull South Africa back from the brink of fiscal collapse?

Did the Budget pull South Africa back from the brink of fiscal collapse?

Bruce Whitfield interviews Claire Bisseker, author of “On the Brink: South Africa’s Political and Fiscal Cliff-Hanger”.

‘As South Africans we should stop overemphasising the bad stuff' - Naledi Pandor

‘As South Africans we should stop overemphasising the bad stuff' - Naledi Pandor

Live at #SONA2018, Minister Naledi Pandor shares her words of wisdom for South Africans and anticipates Ramaphosa’s speech.

'We look forward to an uplifting Sona' - Naledi Pandor

'We look forward to an uplifting Sona' - Naledi Pandor

Minister of Science and Technology Naledi Pandor expects Sona will outline the NEC's plans for improving the country.

'Disingenuous for free education announcement to be made this morning'

'Disingenuous for free education announcement to be made this morning'

Political writer Ranjeni Munusamy says when Fees Commission report came out months ago, free ed was considered unsustainable.

Popular articles
[VIDEO] Muizenberg pedestrian attacked in broad daylight

[VIDEO] Muizenberg pedestrian attacked in broad daylight

A woman was attacked on her way to work earlier this month.

'Tourist who survived 20m fall on Table Mountain is the luckiest man alive'

'Tourist who survived 20m fall on Table Mountain is the luckiest man alive'

Incident commander Roy Schoor says the man fell 20m and landed on a section of a cliff. His cry was heard by someone in Camps Bay.

[WATCH] Owner catches car thief off guard and thwarts vehicle theft in Springs

[WATCH] Owner catches car thief off guard and thwarts vehicle theft in Springs

The vehicle's owner came out of the store just in time to scare away the man attempting to steal his bakkie.

Athlone pupils suspended after high school fight videos surface on social media

Athlone pupils suspended after high school fight videos surface on social media

The Education Department provides counselling and support after video footage shared of two violent fights at an Athlone school.

[WATCH] Horrific moment as baby falls down escalator at a mall...but is saved

[WATCH] Horrific moment as baby falls down escalator at a mall...but is saved

Khabazela shares tweets and Facebook posts that have gone viral.

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.