Budget 2023
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Nene gives R265.7bn for education

Cape Town - All schools are expected to meet minimum norms and standards for infrastructure by next year, Finance Minister Nhlanhla Nene said in his 2015/16 budget speech in the National Assembly on Wednesday.

"The school infrastructure backlogs programme is allocated R7.4bn for the replacement of over 500 unsafe or poorly constructed schools, as well as to address water, sanitation, and electricity needs," he said.

Basic Education Minister Angie Motshekga was overseeing a review of staff planning for schools to ensure pupil-teacher ratios were at appropriate levels.

Education would again get the biggest slice of this year's budgetary pie at R265.7bn.

The breakdown in spending for the 2015/16 financial was:

- R191.1bn for basic education;

- R26.2bn for university transfers;

- R25.3bn for skills development and adult education;

- R13.1bn for education administration; and,

- R10bn for the National Student Financial Aid Scheme (NSFAS).

Nene said increased spending in the NSFAS would support a further increase in university enrolments and in technical and vocational colleges.

"We are mindful of the pressures of student financing at our higher education institutions," he said.

The budget for the scheme was estimated at R11.9bn in 2017/18, up from R9.2bn in 2014/15.

According to the 2015 Estimates of National Expenditure, students would be able to apply directly to the scheme and register only once for funding by 2017/18.

This would allow the scheme greater control over the number of students it supported and ensure more students received assistance on time.

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