R9.5bn not enough for student aid - youth league
Fin24

R9.5bn not enough for student aid - youth league

2015-01-13 14:54

Johannesburg - The higher education department's decision to fund the National Student Financial Aid Scheme (NSFAS) with R9.5bn this year is welcomed, but is not enough, the Young Communist League (YCLSA) said on Tuesday.

"This is still not enough to satisfy the demand out there," spokesperson Khaya Xaba said in a statement.

"More funds are needed to ensure that a majority of young people are afforded the opportunity to further their studies in an institution of higher learning."

Xaba called on the private sector to help ensure more young people were given an opportunity to attend such institutions.

On Monday, Higher Education Minister Blade Nzimande announced the NSFAS would receive increased funding to cater for poor and disabled students.

READ: More money for post-matrics - Nzimande

The government scheme would provide loans and bursaries totalling R9.5bn.

A total of 205 000 first-time entering and continuing eligible students at universities and 200 000 students at technical and vocational education and training (TVET) colleges in 2015 would receive funding, he said.

Last year, NSFAS provided student loans and bursaries totalling over R8.3bn.

This excluded the once-off allocation of R1bn for the servicing of the 2013 shortfall of R700m and 2014 shortfall of R300m, Nzimande said at the time.

The YCLSA on Tuesday called on students to apply online to avoid stampedes at university campuses.

A prospective student's mother died and 17 people were injured during a stampede at the gates at the University of Johannesburg's Auckland Park campus in January 2012.

ALSO READ: Students 'abuse' state financial aid

Comments
  • watchman - 2015-01-13 15:08

    Taxpayers being taxed to death again so that these greedy little commies can sit with hands out i front begging!!

      Sean Wolf - 2015-01-13 15:10

      There is so much fraud going on regarding the student loans .... many that apply for loans are not even students !

      Revelgen - 2015-01-13 15:19

      Yep, the Young Commie party just want to fill their own pockets. And as an aside why do we even HAVE a Communist Party in SA seeing that Communism has destroyed the economy of every country where it has been. The Berlin Wall came down 25 years ago, and West Germany staggered to try and absorb the poverty of formerly-Communist East Berlin. Indisputable fact. Even China - which has Communists at the head - only boomed when they allowed free enterprise/capitalism.

      Scouter Four-One - 2015-01-13 15:22

      I can not imagine anybody in their right mind throwing money into this flawed and lost cause - not from the private sector, at least.

      Klaus Muller - 2015-01-13 15:56

      It is the patriotic duty of every genuine taxpayer to pay as little, as late as possible, tax of any kind

  • Andre Botha - 2015-01-13 15:09

    Funny comment from a communist asking the private sector for help?

  • Andre Botha - 2015-01-13 15:09

    Funny comment from a communist asking the private sector for help?

  • Stephen Townshend - 2015-01-13 15:26

    "to satisfy the demand out there" Eh? Since when was tertiary education about supply and demand? It's supposed to be about academic merit, Blade. Then again, I'm not sure why I expected a bunch of Marxist fools to understand either concept...

  • Simon Thompson - 2015-01-13 15:27

    There is only a limited number of places available at Universities. And some of these are taken up by students with private sector bursaries and students who are paying their own way (or their parents). The amount of space available is not a bottomless pit. Throwing more money into the equation will not solve the problem.

  • James Peck - 2015-01-13 15:35

    THIS WHOLE THING LOOKS TO GOOD TO TRUE AND NOW WANTING PRIVATE FUNDS ALSO TALK ABOUT CONSUMERS !!!

  • Willem Van Rensburg - 2015-01-13 15:37

    Why should the private sector help an outdated Ideology like communism? Is it true that when you have an ideology like that your logic disappear into it?

  • Andrew M - 2015-01-13 15:42

    Just wonder how many students will drop out after first year and not be in a position to repay loans. Thereafter how many will qualify and pay back loans? A further question are these loans available to all students or based on race only ?

      Leon Schwenk - 2015-01-13 15:49

      They are based on majority ergo race. As for paying back, dont make me laugh. These are taxpayer handouts

  • Andre Brink - 2015-01-13 15:44

    How many of them get a degree eventually?

  • Ria Cook - 2015-01-13 15:46

    How many students who have received these loans/burseries in the past, have qualified and are now contributing to society?

      lskosana3 - 2015-01-13 19:01

      Here's one

  • Ze Don - 2015-01-13 15:46

    The private sector is already helping with bursaries, one big difference though... they only give bursaries to serious students who actually stand a snowballs chance in hell of passing!

  • Thandaza Mda - 2015-01-13 15:54

    I am just asking myself how the financial aid scheme was run prior '94 or is it a new thing altogether? I paid my own varsity fees but not everybody so i support the idea of helping out those that can not pay for themselves. So those that were around or old enough before' 94, please tell us how was this handled.

      sam.e.scapes - 2015-01-13 16:40

      No free rides before 1994. The government did subsidize the universities though. Big companies gave bursaries to deserving students.

  • Sydney Horn - 2015-01-13 16:17

    The "I want everything for free" generation ! As their masters they will never learn the value of hard work !

  • bruce.hall.50115 - 2015-01-13 16:18

    The YCLSA have no idea what a million is let alone 9.5 billion. Can you imagine the corruption!!

  • Zama Mbanjwa - 2015-01-13 16:40

    This makes me mad ... We never get any of this money ... I am at the university suppose to be doing my fourth this year which is my final year ... but no money ... hate the leaders of these country ... I hate being Black in this country period ...

      Marius Grobler - 2015-01-13 20:44

      What does being black have to do with it? If the ANC steals 2bn or 3bn then so what?

  • Gerald King - 2015-01-13 17:30

    Kids should return it to NSFAS in those billions thats all. They hold enough data to determine who is employed, blacklist them if they don't pay. Plenty kids are living the high life on credit, they produce money for top clubs too, but just laugh at their NSFAS so-called loan.

  • Simon Lewis - 2015-01-13 17:31

    Why do communists need money, isn't that capitalism? Don't they barter using turnips and potatoes?

  • Louis van Zyl - 2015-01-13 18:24

    Anything else you would like for free?

  • lskosana3 - 2015-01-13 19:10

    Some selfish people who's parents' apartheid loot helped them through life, really, are too thick to understand that plenty of kids do actually need this fund in order to have a chance at life since their parents were denied that chance through Bantu education that did sh#t all for their futures and that of their kids. Yerrr you pea brains make it hard to even remotely like you. Hard to stomach when a black child gets a decent education and doesn't have to wash your panties for a living???

      Marius Grobler - 2015-01-13 20:45

      No. As long as Govt steals money there will not be enough. Period.

  • george.jennings.14 - 2015-01-13 19:50

    Why don't the Youth League do something to raise their own money instead of relying on our esteemed Leaders. It is like Nkandla, once the money is given it won't be paid back!

  • Marius Grobler - 2015-01-13 20:42

    1bn in aid and 8.5bn in corruption. Not enough?

  • Patrick Ndaba - 2015-01-14 00:23

    Kanti niyahlaya manje,nifuna malini no?

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