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Nsfas Faces Criticism for Funding Issues

Nsfas Faces Criticism for Funding Issues

Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 26, 20261m 28s

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Show Notes

Over one hundred thousand students funded by South Africas National Student Financial Aid Scheme are failing to meet academic progression rules, raising concerns from the Higher Education Ministry. A recent audit gave Nsfas the worst rating, with major breakdowns in controls and accountability. Issues include deceased students still listed for payments, ineligible ones funded, and hundreds double-claiming grants. The minister is now ordering a forensic probe to recover funds and fight fraud. Nsfas must deliver a full fix-it plan by April 30, 2026, to rebuild trust for students who truly need the help.

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