Today's Labour News

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nsfasBusinessLive reports that the National Student Financial Aid Scheme (NSFAS) on Tuesday warned that Technical and Vocational Education Training (TVET) colleges should brace themselves for a wave in January of last minute, “walk-in” applications for places.  

NSFAS estimates that about 200,000 prospective TVET college students are likely to attempt walk-in registration early in 2019 as almost nine out of 10 applications received so far for the 2019 academic year had come from students aiming for university.  “That is a big problem, and will place NSFAS on the back foot,” administrator Randall Carolissen told members of parliament’s portfolio committee on higher education.  Higher education institutions discourage walk-ins because they pose safety and security problems.  Higher education and training minister, Naledi Pandor, placed NSFAS under administration in August and appointed Carolissen as administrator.  He told MPs that he found an organisation in which there had been a complete collapse of governance and financial controls.  But, there have been marked improvements since August, with a more stable IT system and better communication and data exchange with higher education institutions.

  • Read the full original report in this regard by Tamar Kahn at BusinessLive

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