The Special Investigating Unit (SIU) has returned R1.7 billion to the National Student Financial Aid Scheme (NSFAS), which will be used to fund the needs of eligible students at institutions of higher education.
This recovery forms part of more than R2 billion the SIU has so far clawed back from universities, Technical and Vocational Education and Training (TVET) colleges, and former students who were found not to meet the criteria for financial aid.
SIU spokesperson Kaizer Kganyago said the agency also recovered R126 million from 1,055 parents and former NSFAS beneficiaries who acknowledged their debt.
“We had to approach all the undeserving students, and then we also approached their parents,” Kganyago explained. “In cases where the amount paid was significant and the parents were employed, it was clear that they did not qualify for their son or daughter to attend university with NSFAS funding, and they acknowledged that.”
The funds recovered by the SIU will be redirected to students who are eligible for financial assistance, ensuring that resources reach those who meet NSFAS criteria.
VOC News
Photo: NSFAS/X
