Question NW181 to the Minister of Higher Education and Training
26 February 2018 - NW181
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.
- 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.
- 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: