Question NW32 to the Minister of Higher Education, Science and Innovation
22 February 2024 - NW32
Chirwa, Ms NN to ask the Minister of Higher Education, Science and Innovation
(a) How will the R3,8 billion funding for the missing middle be facilitated for the 2024 academic year and (b) what number of students will benefit from the funding?
Reply:
(a) The R3.8 billion funding will be sourced from the National Skills Fund (NSF) and the Sector Education and Training Authority (SETA), with the NSF contributing R1.5 billion and the SETA offering R2.5 billion in 2024. The transfers will be subject to NSFAS meeting certain conditions, including improved controls and processes.
(b) 31 884 students will be funded over a period of 4 years.