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STUDENTS RAISE EYEBROWS OVER NSFAS’ 4% INCREASE

Staff Reporter by Staff Reporter
February 27, 2025
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STUDENTS RAISE EYEBROWS OVER NSFAS’ 4% INCREASE
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By Zanele Makola

The rising cost of living in South Africa has prompted the Department of Higher Education and Training (DHET) to increase National Student Financial Aid Scheme (NSFAS) allowances. On Friday, DHET announced that NSFAS allowances for TVET colleges would increase by 46%, while university students would see only a 4% rise. The aim of this adjustment is to provide students with some financial relief for the 2025 academic year.

To attract more students to TVET colleges, Minister of Higher Education and Training, Dr Nobuhle Nkabane, stated that allowances in this sector would increase from R10,000 per annum to R14,600—a 46% rise.

However, university students were not pleased with the announcement, as their allowances will increase by only R66. Many feel that this increment is insignificant and unrealistic given the rising cost of living.

Students face multiple financial responsibilities, including sending money home due to poverty, buying groceries, toiletries, books, and everyday clothing for class. The current allowance already falls short, and the minimal increase does little to ease their burden.

“I have to support my siblings financially since my mom is unemployed. After sending money home, I’m left with almost nothing and have to somehow survive on what’s left. It’s really tough, and I wish DHET would consider these struggles when deciding on allowance increases. Honestly, a 4% increase makes little difference,” said a second-year student from the Tshwane University of Technology, who asked to remain anonymous.

The cost of living in South Africa continues to rise, and students are feeling the strain. NSFAS beneficiaries come from disadvantaged backgrounds, often without financial support from their families. While the allowance is meant to help them get through university, it is no longer sufficient given the current economic conditions. Until the economy stabilises, students will continue to struggle.

Staff Reporter

Staff Reporter

Student Living South Africa is a digital news platform by MeD8 Media, empowering tertiary students with reliable news and insights. It provides journalism students hands-on experience while fostering credibility. A member of the Press Council and AIP, it connects students nationwide, ensuring relevant, trusted information for their academic and personal growth.

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