NSFAS: Funding fiasco๐ง๐ต๐ถ๐ ๐๐๐ผ๐ฟ๐ ๐ผ๐ฟ๐ถ๐ด๐ถ๐ป๐ฎ๐น๐น๐ ๐ฎ๐ถ๐ฟ๐ฒ๐ฑ ๐ผ๐ป ๐ญ๐ต ๐ ๐ฎ๐ ๐ฎ๐ฌ๐ฎ๐ฐ.
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 itโs 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
