(a) NSFAS delegated two teams led by senior officials to visit a sample of 10 universities and 20 TVET Colleges over a ten-day period from 11 September to 22 September with the objective of engaging students and institutions on the challenges they are confronting. NSFAS also established continuous engagements with student leaders in areas where issues persist.
(b) The reasons for withdrawing funding from students are as follows:
(c) The number of students defunded since 01 January 2023 is 28378.
(d) Service providers charge students a fixed monthly fee of R12 for a specific bundle of transactions. Further, additional charges arise because of student transactional behaviour for transactions outside of the bundled transactions for example repeated viewing of balance of funds in the student account or excessive transactions.