22 May 2023 - NW1546
King, Ms C to ask the Minister of Higher Education, Science and Innovation
What is the cost of the expenditure on the 89 individuals assisting with accreditation of student accommodation service providers?
The response from National Student Financial Aid Scheme (NSFAS) indicates that there is no expenditure relating to accreditation of student accommodation incurred to date. The scheme has not approved or paid any invoices from student accommodation accreditation.
The student accommodation accreditation is a new project and there is no past information from which realistic projections of expenditure can be made. The cost of accreditation when it is performed will be funded by revenue generated from accommodation providers. When accommodation providers register their property on the portal, there will be fees that will be invoiced by the portal to the accommodation service provider and those fees will include cost of expenditure for accrediting the property.
Now, there is no expenditure for student accommodation accreditation as NSFAS has not incurred any expenditure on student accommodation accreditation. As soon as expenditure records, preferably audited, will be submitted to the Honorable Member.