R1 billion boost in loans, bursaries for needy students

By Munyaradzi Makoni. Ahead of the new academic year, South Africa’s National Student Financial Aid Scheme – NSFAS – has increased funding for bursaries and loans from R8.3 billion last year to R9.5 billion (US$829 million) in 2015. Higher Education and Training Minister Dr Blade Nzimande said 205,000 students at 26 universities and 200,000 students at 50 colleges would benefit. Read more...