Nsfas has revealed that it is in the process of defunding students who were not eligible for funding. It added that it was also trying to recover some of the money it had already paid out. 💸🧻 Investigation Corruption TheCitizenNews
has revealed that it is in the process of defunding students who were not eligible for funding. It added that it was also trying to recover some of the money it already paid out.
This follows the Special Investigating Unit’s investigation which revealed that R5 billion was spent between 2018 to 2021 on students who did not qualify for the funding.its Nsfas investigation into alleged corruption, maladministration, and the allocation of loans, bursaries and any other funding payable to students in September last year.
This investigation revealed that funds were wrongfully awarded to 40 000 students who did not qualify.False information “This is information that Nsfas shared with the SIU and covers earlier academic years up to 2019. This is based on cases where applicants falsified their application information to unduly benefit from the scheme.
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