The National Student Financial Aid Scheme (NSFAS) has reiterated its call for Technical Vocational Education and Training (TVET) students to submit their banking details to receive their allowances. During a media briefing, NSFAS Administrator Freeman Nomvalo emphasized the importance of accurate student banking information to ensure seamless allowance disbursements.
Nomvalo announced that 211,591 students' bank accounts have been verified, but 7,160 failed verification due to issues such as using their parents' bank accounts. He urged students without bank accounts to open them promptly and re-submit their correct details if verification failed.
The new direct payment mechanism for TVET students aims to streamline allowance distribution. However, university students will continue to receive allowances through their institutions.
Addressing student accommodation, Nomvalo highlighted efforts to resolve outstanding payments to private landlords. “A Task Team involving all the student accommodation stakeholders has been established to serve as a consultative forum to address all issue relating to student accommodation. This Task Team is expected to report back in September. We do so in order to regularize private student accommodation to give greater accommodation,” Nomvalo said. NSFAS plans a national conference in September 2024 to discuss future student accommodation, involving various stakeholders.
Done by: Veerle Kroon
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