MORE THAN 2 MILLION PAID TO UNIVERSITIES BY NSFAS WHILST UJ UPLOADS INCORRECT DATA
Written by Neo Molefi on April 11, 2024
Written by: Lebohang Ndashe
On a recently released statement, the National Student Financial Aid Scheme (NSFAS) elaborated on the payment error caused by the University of Johannesburg (UJ) and the disbursements made to University and TVET college students for the 2024 academic cycle, against valid registration records received on the 15th March 2024 for TVET colleges and the 19th March 2024 for universities.
During the 2024 academic year registration data upload period, the University of Johannesburg (UJ) mistakenly uploaded incorrect registration data, resulting in erroneous allowances being paid out to students. Instead of uploading the correct amount of R16500.00 for the academic year 2024, the institution accidentally uploaded the R3300.00 meal allowance.
The implications of the incorrect allowance payments are significant. Students who received lower allowances (R330.00 instead of R1650.00) than expected are likely to be dissatisfied. This dissatisfaction may lead to protests and a negative perception of the NSFAS direct payment process.
In the current payment circle, NSFAS paid University allowances to the value of R2, 306,583,222.00 which is divided into tuition to universities R1,258,865,972.00, allowances via universities R653,954,716,00 and direct payment to students – R393,762,534,00. The scheme paid TVET colleges allowances and tuition to the value of R 511,106,120 in total, which is divided into tuition to colleges R147,115,846, allowances via TVET colleges R34,831,311 and NSFAS Card Allowances R298,971,220.
Photo Credit : www.witness.co.za
industri On April 22, 2024 at 09:57
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