NSFAS students struggling to get allowances turn to loan sharks | The Star

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NSFAS students struggling to get allowances turn to loan sharks | The Star
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A University of Johannesburg (UJ) student said he was disappointed that the allowances had not been paid.

Hunger is driving students still battling to get their National Student Financial Aid Scheme allowances to borrow money from loan sharks who can charge up to 10% interest a week. In the wake of violent protests in some parts of the country over the nonpayment of allowances by the scheme, students have spoken out about their plight.

“She cannot afford to pay my fees. I have worked hard to ensure I get good marks to be able to come to varsity. I want to be able to study and help my mother,” said the student. UJ spokesperson Herman Ester- huizen said he would investigate whether the student adhered to NSFAS criteria and if so, which ones.

Students from various institutions, including Unisa, Walter Sisulu University , Tshwane University of Technology and Central Johannesburg College, have also turned to loan sharks for money. “By now students should have received their allowances. Universities are required to transfer funds to ensure that students are able to access money for living expenses and learning materials,” NSFAS spokesperson Kagisho Mamabolo said.WSU: R196m on January 25;“And at Central Johannesburg College, 3377 students have received allowances directly from NSFAS through NSFAS Wallet, amounting to R6.58m, while more students will be receiving allowances this week,” Mamabolo added.

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