Streaming issues? Report here
Kieno Kammies 2019 1500 BW
Today with Kieno Kammies
09:00 - 12:00
volume_up
volume_mute

Up Next: The Xolani Gwala Show
See full line-up
Today with Kieno Kammies
09:00 - 12:00
Home
arrow_forward
Local
arrow_forward
Politics

Billions paid out to students in error, admits NSFAS

8 November 2019 8:22 AM
Tags:
Students
NSFAS
irregular expenditure
NSFAS allowance
Financial irregularities
NSFAS 2019 funding
NSFAS administrator Dr Randall Carolissen says it will likely only recover R1 billion of R7 billion in irregular expenditure.

The National Student Financial Aid Scheme says it will be able to fund students for the 2020 academic year despite incurring R7 billions in irregular expenditure.

NSFAS administrator Dr Randall Carolissen told Parliament this week that incorrect payments to students had increased by more than 300% between 2017 and this year.

Speaking to Refilwe Moloto, Dr Carolissen says this will not impact on their ability to fund students.

RELATED: NSFAS told to put 2019 applications on hold and get its house in order

In our investigations, we found that R7 billion was accounted for irregular expenditure and we are determining how much of that can be recovered.

Dr Randall Carolissen, Administrator - NSFAS

The recoverability of that R7 billion we estimate it to be R1 billion and we have begun to recover. So far we have recovered R350,000 million from universities.

Dr Randall Carolissen, Administrator - NSFAS

Getting money back from people who are not yet working is a challenge, Dr Carolissen adds.

The R1 billion is where we think we are going to have a tough time getting it back.

Dr Randall Carolissen, Administrator - NSFAS

A large part of that money was paid out to students in error as their allowance.

Dr Randall Carolissen, Administrator - NSFAS

Carolissen admits that staff members accessed the system off-site and authorised payments. He says security has been tightened up.

Listen to the full interview:


8 November 2019 8:22 AM
Tags:
Students
NSFAS
irregular expenditure
NSFAS allowance
Financial irregularities
NSFAS 2019 funding

More from Local

aphelele-facebook-imagejpg

His late mom fought to keep him alive. Today, he graduates cum laude at Stellies

12 December 2019 6:09 PM

He wasn't supposed to have been born, now Stellenbosch University grad Aphelele Angel Goldsmith has made it in more ways than one.

Share this:
Read More arrow_forward

160407Cricket.jpg

'Cricket SA board has a lot to answer for'

12 December 2019 4:58 PM

Daily Maverick's Craig Ray discusses the 'state of capture' in SA cricket, saying there are still massive problems ahead for CSA.

Share this:
Read More arrow_forward

20180223Yolisa Matakata Hawks1

Yolisa Matakata appointed new WC police commissioner

12 December 2019 2:56 PM

Police Minister Bheki Cele has announced Yolisa Matakata as the new provincial police commissioner for the Western Cape.

Share this:
Read More arrow_forward

Cape Town V&A Waterfront

Ministers of tourism and police launch joint tourist safety initiative

12 December 2019 2:37 PM

The tourism minister says the two departments are "excited" to work together over festive season, and also on a longer-term plan.

Share this:
Read More arrow_forward

180620policetapejpeg

Six people killed in KZN family massacre

12 December 2019 2:14 PM

It’s understood unknown suspects opened fire while a family was watching television on Wednesday night in a township near Durban.

Share this:
Read More arrow_forward

dudu-myeni-saajpg

Dudu Myeni loses bid to stop Outa bringing delinquency case

12 December 2019 1:55 PM

Organisation Undoing Tax Abuse says the former SAA board chair has now run out of delaying tactics, case to go ahead in January.

Share this:
Read More arrow_forward

cuffsjpg

Limpopo pastor appears in court for allegedly raping teen to 'rid her of evil'

12 December 2019 1:44 PM

Pastor December Shiburi is accused of raping a 17-year-old girl at his house in a Limpopo village.

Share this:
Read More arrow_forward

a831fb5f-2667-445f-b98a-91d01c9ca404.jpg

Task team plans to alleviate Cape Town port congestion

12 December 2019 1:11 PM

A task team has been created to deal with issues at the Cape Town port, from a shortage of cranes to heavy traffic flows.

Share this:
Read More arrow_forward

170712eskompowerstationjpg

Police investigating sabotage at Tutuka power station, says Eskom COO

12 December 2019 10:27 AM

Eskom COO Jan Oberholzer says police are investigating a case of sabotage and admits that it's happened at other stations before.

Share this:
Read More arrow_forward

Cape Town City CBD by night lights on 123rflocal 123rfpolitics 123rf

How Cape Town decides which areas stays lit when darkness descends elsewhere

12 December 2019 8:16 AM

Kadri Nassiep (City of Cape Town) explains how they decide which areas are exempted when Eskom introduces load shedding.

Share this:
Read More arrow_forward

More from Politics

sarb-bank-notesjpeg

Reserve Bank Governer: Our task is not to bail out Eskom or any SOEs

13 December 2019 8:37 AM

Sarb Governor Lesetja Kganyago highlights responsibilities of Reserve Bank and why interest rates are a tool not policy objective.

Share this:
Read More arrow_forward

20180223Yolisa Matakata Hawks1

MEC Fritz hopes new WC top cop can help take politics out of community policing

13 December 2019 7:44 AM

W Cape MEC for Community Safety Albert Fritz discusses the new appointment of Yolisa Matakata as the top cop in the province.

Share this:
Read More arrow_forward

191020borisjpg

UK general election: Bad weather will affect turnout, but who will benefit?

12 December 2019 6:18 PM

UK correspondent Peter Anderson gives his take on what's described as UK's most significant election for a generation.

Share this:
Read More arrow_forward

Cape Town V&A Waterfront

Ministers of tourism and police launch joint tourist safety initiative

12 December 2019 2:37 PM

The tourism minister says the two departments are "excited" to work together over festive season, and also on a longer-term plan.

Share this:
Read More arrow_forward

dudu-myeni-saajpg

Dudu Myeni loses bid to stop Outa bringing delinquency case

12 December 2019 1:55 PM

Organisation Undoing Tax Abuse says the former SAA board chair has now run out of delaying tactics, case to go ahead in January.

Share this:
Read More arrow_forward

Boris Johnson UK elections government Conservative Party 123rfpolitics 123rf

UK voters head to polls in general election that could decide future of Brexit

12 December 2019 12:19 PM

Conservative Prime Minister Boris Johnson wants to secure a majority government so that he can "get Brexit done" as promised.

Share this:
Read More arrow_forward

Refilwe Moloto 2019 B&W

I feel quite strongly we all need champions, says Refilwe

12 December 2019 12:05 PM

Refilwe Moloto shares her thoughts on leadership and the importance of role models.

Share this:
Read More arrow_forward

Cape Town City CBD by night lights on 123rflocal 123rfpolitics 123rf

How Cape Town decides which areas stays lit when darkness descends elsewhere

12 December 2019 8:16 AM

Kadri Nassiep (City of Cape Town) explains how they decide which areas are exempted when Eskom introduces load shedding.

Share this:
Read More arrow_forward

Coal mine mining energy power Eskom 123rfbusiness 123rfpolitics 123rf

'I don't suspect sabotage at Eskom'

12 December 2019 7:51 AM

Blackout: The Eskom Crisis author James-Brent Styan says the energy problems will take at least another two years to sort out.

Share this:
Read More arrow_forward

Hillbrow Johannesburg skyline 123rflocal 123rfSouthAfrica 123rfbusiness 123rf

Joburg ANC 'treading on dangerous ground' by electing new Speaker says DA

11 December 2019 1:41 PM

DA provincial chair for Gauteng Mike Moriarty says the ANC is proceeding with a city council meeting that is illegal.

Share this:
Read More arrow_forward