In a written response to parliamentary questions from the DA’s Andricus van der Westhuizen, the Higher Education Minister Naledi Pandor revealed that, the National Student Financial Aid Scheme (NSFAS) still has a backlog of more than 80 000 unresolved bursary applications – with 19 000 being unsigned loan agreements – as at the middle of this month.
In 2018 the Student financial aid scheme experienced challenges , including funding decisions, addressing the 2017 academic year backlog, the non-payment and delays in the payment of allowances, and a weakness in data integration between NSFAS and institutions.
This led to Minister Pandor appointing Dr Randall Carolissen as the administration.
In her reply, Pandor said unresolved applications from 2017 and 2018 stood at 83186 as at February 14.
“Of these, 19113 relate to unsigned loan/bursary agreements.”
She mentioned that the absence of signed contracts prevented NSFAS from making payments to the applicant or the educational institution at which they were registered.
According to Minister Pandor, the students with unsigned contracts were sent regularly to their host institutions for them to ensure the contracts were signed.
“Once signed, fees and allowances can be paid immediately,” she said.
She mentioned that, a further 64073 are still outstanding cases where there were internal system issues that prevented final resolution of the bursary applications.
“Of these, 54807 (10333 from 2017 and 44474 from 2018) relate to changes in fees or allowances that, for a number of reasons, are rejected by the processing algorithm. The causes of these rejections have now been identified, and the algorithm is being updated to resolve the blockage.”
She said NSFAS had planned to complete this work by last Friday.
More than 400000 bursary applications were made to NSFAS, however, only about 170000 applicants qualified for bursaries for 2019 academic year.
IFA Bursary South Africa 2020 – 2021
ABOUT THE BURSARY PROGRAMME – COVERAGE VALUE & SELECTION
The IFA will be awarding bursaries to children of active members, within their chosen field of study.
The bursary value will be to a maximum of R60 000 per annum, covering tuition fees, prescribed books, accommodation and study equipment.
- South African citizen
- A biological child/ child of a legal guardian of an active IFA who are paying their monthly business fees (and must remain an active member for the duration of your studies)
- IFA member must remain an active member for the entire duration of your studies
- Under 21 years old at the time of bursary application deadline (30 April)
- Completed Matric OR currently in Matric
- Achieved a minimum overall average of 60% in Grade 11 final results or in Matric
- Studying or intend on studying towards a full-time undergraduate qualification (first and second year only)
- Studying or intend on studying at a South African tertiary institute, accredited by the Department of Education
- NOT currently in receipt of any other bursary funding from another institute
- Will complete your studies in the minimum number of years as stated by your tertiary institution
HOW TO APPLY FOR THE BURSARY
Download and complete the IFA Bursary Application Form
Submit the following supporting documentation along with your application form:
- ID document (certified copy)
- ID photo attached to the form
- Grade 11 final results (certified copy)
- Matric results or progress report, if currently in Matric (certified copy)
- Matric certificate, if completed Matric (certified copy)
- Latest tertiary progress report, if currently in your first year of tertiary studies (certified copy)
- Parents/ guardians proof of income (if employed: latest payslips/ letter from employer/ tax return statement, if unemployed: sworn statement, if self-employed: latest financial statement)
- Death certificates if one or both parents are deceased
- Proof of legal guardian (where applicable)
- Sworn statement from one parent if your parents are separated/ divorced
- Motivational letter written by your parent/ guardian
- Confirmation of acceptance to university (to be sent successful candidates by 20 January 2021)
Applications can be submitted in one of the following ways:
The CSI Officer IFA
P O Box 1316
2) Hand delivered:
Clientèle Office Park
Cnr Rivonia and Alon Roads
30 April 2020.
CETA bursary opportunities
What the bursary covers
Undergraduates and post-graduate studies
Fees for tuition and books only
Special needs allowances
Who MUST apply:
South African Citizen only, preferably employed at the time of application
Students registered/accepted for the above qualifications (in any year of study)
Preference will be given to historically disadvantaged individuals
Must have passed their previous year of study (if student was enrolled in 2019)
Must not be funded from any other source/sponsor/financial aid.
Documents required for application:
Completed application form (attached)
One (1) page Curriculum Vitae
Proof of employment: letter from organisation confirming student employment
Proof of registration or acceptance letter for the 2020 academic year in any of the
Certified copy of your ID*
Certified proof of highest qualification achieved (matric/senior certificate)
If already studying, latest academic results from previous academic year
Proof of address where student is currently staying (if different from home)
NB: All documents requiring commissioner of oaths must be certified in 2020
Closing date: 28 FEBRUARY 2020*
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