South Africa: Student Aid Scheme Placed Under Administration

Higher Education and Training Minister Buti Manamela has placed the National Student Financial Aid Scheme (NSFAS) under administration due to governance instability within the institution.

The decision, announced during a media briefing on Monday, follows what the Minister described as a prolonged period of governance challenges, legal concerns and operational weaknesses that threatened the stability and credibility of NSFAS.

Manamela said the move was taken in terms of sections 17A to 17D of the NSFAS Act, 1999, after "careful consideration of the legal, governance, financial and operational circumstances" affecting the institution.