BUSINESS MAVERICK: Student grant body NSFAS has quietly changed the rules, issuing students with cash instead of vouchers

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BUSINESS MAVERICK: Student grant body NSFAS has quietly changed the rules, issuing students with cash instead of vouchers By Tim Cohen tim_cohen

In the world of government programmes, there is a notion of benefit creep — once you open the door, it just keeps getting wider and wider.

Then came the #FeesMustFall protests, and a national crisis of sorts, and the programme was re-examined in detail. Policy proposals were proposed by the Heher commission, which recommended an extension of the loan system, but maintaining essentially a loan programme. Those proposals were dumped, and the scheme was opportunistically grabbed by former president Jacob Zuma’s administration, in a crisis at the time, and it was considerably extended.

South Africans, it is probably fair to say, feel mostly enthused by this development. Funding university education seems like such a progressive step toward rectifying the country. It was, after all, one of the demands of the Freedom Charter and free education was for years one of the promises made by the ANC government.

NSFAS, through consultations with relevant stakeholders, redesigned its processes to ensure that accurate payments to students and universities happen timeously.A decision was therefore made that NSFAS-funded students should receive their allowances through their bank accounts, directly from academic institutions.We believe students are responsible and should be treated with dignity. We cannot restrict students to buy or spend their allowances where we think it will be convenient for them.

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Is ramaphosa and motsepe they want to remove vouchers with tymebank bcoz the are not benefits in vouchers this two people are nsfas capturing South African YolzYako sabcnews SAfmnews

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