Nsfas Allocated R48 Billion To Higher Learning Institutions

Acting NSFAS CEO Waseem Carrim says they have allocated R48 billion to institutions of higher learning for the funding of students for the 2025 academic year.

The scheme was updating Parliament on NSFAS funding for this year at various institutions of higher learning including Technical Vocational Education and Training TVET Colleges.

Carrim says, Just in terms of our budgetary constraints, NSFAS has allocated a combined value of about R48 billion for learning in the 2025 academic year. Of that, about R5.9 billion has already been disbursed to universities representing about 15 of the allocation while an additional R751 million has been disbursed to the TVET colleges.