Johannesburg - The ANC said on Monday that only loans taken from the National Student Finacial Aid Scheme would be eligible for conversion to bursaries and not those from commercial banks.
The clarification followed a statement on Monday morning on SAfm radio by ANC spokesperson
Jackson Mthembu that the government intends looking at converting student loans from banks into bursaries,
"We will also look at students who have received loans from other institutions," Jackson said.
The ANC later contradicted the statement, saying the plan would cover only loans from the National Student Financial Aid Scheme, which is a government facility.
On Saturday President
Jacob Zuma announced the provision for students who pass their final exams as part of plans to introduce free education up to undergraduate level.