Question NW543 to the Minister of Higher Education, Science and Innovation
27 March 2023 - NW543
King, Ms C to ask the Minister of Higher Education, Science and Innovation
On what evidence did the National Student Financial Aid Scheme rely to cap the accommodation allowance for beneficiary students at R 45 000 in each year?
Reply:
The NSFAS relied on the World Bank’s International Finance Corporation report, existing NSFAS data for accommodation claimed historically across all institutions, both universities and TVET colleges, recommendations from the MTT report and available market data which looked at the generic student housing market.