{"id":5165,"date":"2021-02-25T19:36:12","date_gmt":"2021-02-25T19:36:12","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=5165"},"modified":"2021-02-25T16:57:25","modified_gmt":"2021-02-25T16:57:25","slug":"nsfas-a-casualty-of-mbowenis-2021-budget","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/nsfas-a-casualty-of-mbowenis-2021-budget","title":{"rendered":"NSFAS \u2019a casualty\u2019 of Mboweni\u2019s 2021 Budget"},"content":{"rendered":"

Africa-Press<\/a> – South-Africa<\/a>. <\/strong><\/span>Johannesburg \u2013 The National Student Financial Aid Scheme (NSFAS) is set to be one of the casualties of the budget squeeze as the Department of Higher Education and Training finances will be cut by R24.6 billion.<\/p>\n

This emerged from the National Treasury budget documents, which show slower growth in subsidies and grants to universities, TVET colleges and NSFAS would require a review of student enrolment growth and bursary allowances.<\/p>\n

\u201cInstitutions will need to contain costs, including staff numbers and salaries, and develop ways of using ICT more effectively to enhance blending learning.\u201d<\/p>\n

Finance Minister Tito Mboweni steered clear of the budget cuts in the Department of Higher Education and Training when he delivered his speech on Wednesday.<\/p>\n

\u201cGovernment remains committed to ensuring that deserving students are supported through higher education,\u201d he said.<\/p>\n

\u201cThe National Treasury is working with the Department of Higher Education and Training to work on policy and funding options that will be detailed in the MTBPS (medium term budget policy statement),\u201d he said in reference to the adjustment later this year.<\/p>\n

The Department of Higher Education and Training has been allocated R358bn over the medium term.<\/p>\n

However, National Treasury budget documents said the Cabinet has approved reductions to the department\u2019s baseline amounting to R24.6bn over the upcoming three financial years.<\/p>\n

This will consist of R19.6bn in transfers and subsidies R4.6bn in compensation of employees and R290.2m<\/p>\n

\u201cThese reductions include R6.8bn on the allocation to the NSFAS for loans and bursaries, R5bn on university subsidies and R947.1m on TVET infrastructure grants.\u201d<\/p>\n

National Treasury said the reductions to university subsidies would likely lead to a decrease in the number of first year enrolment at universities.<\/p>\n

\u201cAlthough this will have a longer impact on the number of new graduates emerging from the system, it is necessary to ensure that institutions remain sustainable and are able to offer quality education and is expected to be offset by improvement in the through-put rate at universities.<\/p>\n

\u201cAlthough a decrease in first year enrolments at universities and TVET colleges will begin to offset the reductions to the NSFAS, they will result in fewer students who enter higher education being able to access support in 2021.\u201d<\/p>\n

It stated that the public higher education sector would also need to consider revising its policy positions on supporting poor and working class students in higher education and training, including maximum allowances for accommodation, transport and food and halting funding for second qualifications.<\/p>\n

\u201cAlthough the reduction to TVET college infrastructure grants could lead to delays in beginning new projects, it will ensure that funding is more closely aligned with the sector\u2019s capacity to spend.\u201d<\/p>\n

[email protected]<\/p>\n

Political Bureau<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. Johannesburg \u2013 The National Student Financial Aid Scheme (NSFAS) is set to be one of the casualties of the budget squeeze as the Department of Higher Education and Training finances will be cut by R24.6 billion. This emerged from the National Treasury budget documents, which show slower growth in subsidies and grants […]<\/p>\n","protected":false},"author":84,"featured_media":5164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,12],"tags":[274,315,275],"class_list":["post-5165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nNSFAS \u2019a casualty\u2019 of Mboweni\u2019s 2021 Budget - South Africa<\/title>\n<meta name=\"description\" content=\"Johannesburg \u2013 The National Student Financial Aid Scheme (NSFAS) is set to be one of the casualties of the budget squeez ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/nsfas-a-casualty-of-mbowenis-2021-budget\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NSFAS \u2019a casualty\u2019 of Mboweni\u2019s 2021 Budget\" \/>\n<meta property=\"og:description\" content=\"Johannesburg \u2013 The National Student Financial Aid Scheme (NSFAS) is set to be one of the casualties of the budget squeez ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/nsfas-a-casualty-of-mbowenis-2021-budget\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-25T19:36:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/02\/img-6037d6dac802d.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/nsfas-a-casualty-of-mbowenis-2021-budget#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/nsfas-a-casualty-of-mbowenis-2021-budget\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NSFAS \u2019a casualty\u2019 of Mboweni\u2019s 2021 Budget\",\"datePublished\":\"2021-02-25T19:36:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/nsfas-a-casualty-of-mbowenis-2021-budget\"},\"wordCount\":457,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/nsfas-a-casualty-of-mbowenis-2021-budget#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/02\/img-6037d6dac802d.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/nsfas-a-casualty-of-mbowenis-2021-budget#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/nsfas-a-casualty-of-mbowenis-2021-budget\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/nsfas-a-casualty-of-mbowenis-2021-budget\",\"name\":\"NSFAS \u2019a casualty\u2019 of Mboweni\u2019s 2021 Budget - 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