Question NW181 to the Minister of Higher Education and Training

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26 February 2018 - NW181

Profile picture: Mokoena, Mr L

Mokoena, Mr L to ask the Minister of Higher Education and Training

(1)Whether the National Student Financial Aid Scheme (NSFAS) pays administration fees to the National Institute for Humanities and Social Sciences; if so, what amount was paid (a) in the (i) 2014-15, (ii) 2015-2016 and (iii) 2016-17 financial years and (b) since 1 April 2017; (2) What was the total amount spent in relation to expenditure related to administration costs of NSFAS in each specified financial year and/or period?

Reply:

The National Institute for Humanities and Social Sciences (NIHSS) has provided the following responses to the questions posed.

  1. In terms of a Memorandum of Understanding between the NIHSS and National Student Financial Aid Scheme, the NIHSS has to pay NSFAS an administration fee.
  2. Based on the funds under management by NSFAS, the following administration fees are payable by the NIHSS:

Year

Funds received from NIHSS (AFS)

NSFAS 2% Admin Fee

2015

18 000 000.00

360 000.00

2016

37 800 000.00

756 000.00

2017

31 502 000.00

630,040.00

COMPILER DETAILS

NAME AND SURNAME: MS PEARL WHITTLE

CONTACT: 012 312 5248

RECOMMENDATION

It is recommended that the Minister signs Parliamentary Question 181.

MR GF QONDE

DIRECTOR–GENERAL: HIGHER EDUCATION AND TRAINING

DATE:

PARLIAMENTARY QUESTION 181 IS APPROVED / NOT APPROVED / AMENDED.

COMMENT/S

PROF HB MKHIZE, MP

MINISTER OF HIGHER EDUCATION AND TRAINING

DATE:

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