𝗧𝗵𝗶𝘀 𝘀𝘁𝗼𝗿𝘆 𝗼𝗿𝗶𝗴𝗶𝗻𝗮𝗹𝗹𝘆 𝗮𝗶𝗿𝗲𝗱 𝗼𝗻 𝟭𝟵 𝗠𝗮𝘆 𝟮𝟬𝟮𝟰. The National Student Financial Aid Scheme, better known as NSFAS, is a vital lifeline for students in need of financial assistance. It is funded by government and manages the billions of rands that are distributed to students to cover their fees, books, accommodation, and even their meals. Now it’s under threat. Years of mismanagement and questionable financial decisions inside the organisation have left hundreds of thousands of students in the lurch. Many of the problems can be traced back to a new payment system that allows service providers to charge high service fees. Carte Blanche examines how proximity to high-ranking NSFAS officials has benefitted one of these service providers. Find more exclusive content on Carte Blanche: The Podcast: https://linktr.ee/carteblanchetv