NSFAS 2023 Utility To be Introduced Quickly – Minister Blade Nzimande
The 2023 opening of the Nationwide Pupil Monetary Assist Scheme (NSFAS) software season shall be introduced quickly mentioned Minister Blade Nzimande on his official twitter web page.
Within the mentioned tweet Minister Blade Nzimande shares mild within the 2022 funding report. A complete of 708,110 college students have secured funding from the NSFAS for the 2022 educational 12 months. Of those college students 204,747 are registered at TVET faculties whereas the remaining 503,363 are registered at college. Additional of those college students 448,375 college students are persevering with college students whereas the remaining 259,735 are new purposes.
A complete of 140,492 purposes for funding have been rejected. These purposes have been rejected for various causes: 64,331 purposes have been rejected for not offering enough proof to assist the appliance for funding.
47,658 purposes have been rejected for exceeding the monetary eligibility threshold. 18,023 purposes have been rejected for having already achieved the best degree of qualification that NSFAS funds.
10,423 purposes have been rejected for having exceeded the N+ rule and 57 for being non-compliant to the educational pathways of the TVET faculty sector.