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STUDENT FUNDS: NSFAS’ R10bn hole — housing costs blamed as universities left in the lurch

NSFAS blames rising accommodation costs for its yearly budget shortfalls, while universities report that unpaid tuition fees are compounding the problem. Wits and UCT face similar pressures, with unpaid tuition and housing debts draining cash flow and saddling thousands of students with personal debt.

STUDENT FUNDS: NSFAS’ R10bn hole — housing costs blamed as universities left in the lurch
NSFAS blames rising accommodation costs for its yearly budget shortfalls, while universities report that unpaid tuition fees are compounding the problem. Wits and UCT face similar pressures, with unpaid tuition and housing debts draining cash flow and saddling thousands of students with personal debt.
ORIGINAL SOURCE

Daily Maverick

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