. Parents had a very important role in contributing to tuition fees of students especially those who could afford to do so. . More allocation to NSFAS was required and the proposed idea of graduate tax should be explored as it might contribute to the dire shortage of funding in PSET. . Universities should practice good financial management planning in order to avoid shortfalls and keep their cash flow up to date. The fact that the financial year of universities did not correspond with the state should not affect students. . SETAs should disburse more bursaries to students in FET colleges and higher education institutions to reduce the burden on NSFAS. . It was noted that higher education inflation rate which was above the 7% needed to be thoroughly discussed. The various government sources of funding (bursaries) for higher education should be consolidated and disbursed by NSFAS.