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Delays in NSFAS Allowance Payments: Students Voice Concerns and Protests

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Delays in NSFAS Allowance Payments: Students Voice Concerns and Protests

The recent implementation of a new allowance payment system by the National Student Financial Aid Scheme (NSFAS) has sparked significant worries among students. Over the past two weeks, students at a Limpopo college have been engaged in protests, highlighting their concerns regarding delayed allowance payments.

Students’ Frustrations

Students from both campuses of Waterberg Technical and Vocational Education and Training (TVET) College in Mokopane, Limpopo, have experienced disruptions due to allowance payment delays. These students have taken to the streets for a second consecutive week to express their frustrations regarding the NSFAS allowance

system.

Delay in Allowances

Protesting students have been vocal about not having received their NSFAS allowances for the past six months. Furthermore, a number of these students have been defunded by NSFAS, leaving them burdened with covering tuition, living expenses, and essential items necessary for their college journey.

Impact on Academics and Strike Initiation

The financial stress resulting from these delays has taken a toll on students’ academic focus, ultimately leading to their decision to initiate a strike. Students claim that the college management even went so far as to threaten expulsion if the strike continued.

NSFAS’s Response and Direct Payment System

NSFAS has stated that students will only receive their allowances once registration data is received from the institution. This data is then forwarded to service providers who facilitate the direct payment onboarding process.

Concerns About Direct Payment System

Waterberg TVET College students have voiced their concerns about the user-friendliness and susceptibility to fraudulent activities associated with the NSFAS direct allowance payment system. Issues such as disruptions in financial transactions and the inability to track transactions have been reported.

Funding Issues and Bank Fees

The ongoing funding issues have prompted students to raise concerns about excessive bank fees imposed by service providers designated by NSFAS. Comparisons made by the Organisation Undoing Tax Abuse (OUTA) reveal that the NSFAS bank account fees surpass those charged by established banks.

Investigation and Future Steps

More than 25% of NSFAS-funded students have faced delays in receiving their allowances. In response to these issues, NSFAS has committed to thorough investigations and indicated that appropriate actions will be taken if the allegations are substantiated. Additionally, they have advised service providers to increase their presence at educational institutions to assist students with challenges related to direct allowance payments.

In conclusion, the introduction of the new allowance payment system by NSFAS has led to student protests and concerns regarding delayed payments, the direct payment system’s effectiveness, and excessive bank fees. These issues underscore the need for swift resolutions to ensure that students can focus on their education without financial stress.

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VACANCIES & INTERNS

35 x ABSA: Trailblazer Learnerships 2024

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ABSA invites South African unemployed youth to apply for Trailblazer Learnership Programme 2024.

Learnership Location: Johannesburg, Durban and Cape Town

Learnership Closing Date: 7 March 2024

Are you a recent graduate eager to dive deep into the dynamic world of banking? Are you driven by a passion for sales and the desire to excel in a challenging corporate environment? If so, the Absa CIB Trailblazer Programme is tailor-made for you!

Our year-long Trailblazer Learnership Programme is designed to provide unemployed, degreed individuals with an immersive experience in the core functions of banking. Through hands-on exposure to sales, product development, client onboarding, digital operations, and more, you’ll gain invaluable insights and skills that will pave the way for a rewarding career in the industry.

As a Trailblazer, you’ll have the opportunity to work alongside high-performing teams within Absa, where you’ll be mentored by seasoned professionals and guided through a structured development journey. Over the course of 12 months, you’ll complete an NQF Level 6 qualification funded by Absa, enhancing your knowledge and expertise in the field.

Our programme is divided into four cohorts, each focusing on key areas such as transactional banking sales, product management, trade digital operations, client onboarding, public sector and coverage. Throughout the programme, you’ll rotate within the business unit, gaining exposure to various facets of banking and honing your skills under the guidance of dedicated supervisors.

We’re looking for ambitious South African graduates who are eager to make their mark in the banking industry. If you’re someone who thrives in a dynamic environment, values continuous learning and growth, and is ready to embrace new challenges, then we want to hear from you.

Don’t miss out on this incredible opportunity to kickstart your career with Absa. Apply now and join us as we pave the way for innovation and excellence in the world of banking!

Essential requirements:

NQF Level 8 qualification with a minimum average of 70% within the following disciplines:

• Accounting

• Economics

• Finance

• Mathematics

• Statistics

• Computer Science

Eligibility Criteria

• Applicants must NOT be permanently employed

• Applicants cannot be registered with another Learnership

• Applicants MUST be South African citizens

• Proficient in Microsoft Suite of Applications

• Proficient English language skills

Closing Date: 7 March 2024

Location: JHB, Durban and CT

CLICK HERE TO APPLY



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Bell Equipment: Apprenticeships 2024 – StudentRoom.co.za

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Bell Equipment invites South African unemployed youth to apply for Apprenticeship Programme 2024.

Apprenticeship Location: Richards Bay, Eastern Cape, South Africa

Apprenticeship Closing Date: 22 March 2024

Bell Equipment is seeking motivated individuals in Richards Bay, South Africa to join their apprenticeship programmes! Launch your career in a skilled trade through hands-on training and qualification opportunities.  

Apprenticeship Opportunities:

  • Auto Electrician
  • Boilermaker (Maintenance Department)
  • Millwright (Maintenance Department) (4 available positions)
  • Fitter (Maintenance Department) (2 available positions)
  • Airconditioner Mechanic (Tool & Design Department) (2 available positions)
  • Fitter & Turner (4 available positions)

How to apply

Click here to apply online for Bell Equipment: Apprenticeships 2024

Only applications with certified copies of all qualifications (school and college) plus id document & licence will be considered.

If you have not had a response to your application within 4 weeks of the closing date, please accept that your application has been unsuccessful.



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VACANCIES & INTERNS

British American Tobacco (BAT): Graduate Internships 2024

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British American Tobacco (BAT) invites unemployed graduates to apply for Graduate Internship Programme 2024.

Internship Application Closing Date: Not specified

Internship Location: South Africa

What Does The Programme Offer?

  • A bespoke development plan that prepares you for a managerial role after the programme 
  • Accountability from day one through projects with a real impact on our progressive business
  • World-class leadership training in Global BAT Academy with fellow graduates and senior colleagues from around the world
  • Learning from industry experts and interaction with BAT professionals
  • Dynamic and multinational environment.

The following Internship Opportunities are open for applications:

Finance Global Graduate Programme

Bachelor’s Degree or Master’s in:

  • Finance,
  • Business,
  • Economics
  • or similar

Marketing Global Graduate Programme

Bachelor’s Degree or Master’s in:

  • Marketing,
  • Communication,
  • Business
  • or similar

Operations​​​​​​​ Global Graduate Programme

Bachelor’s Degree or Master’s in:

  • Engineering,
  • Economics,
  • Procurement,
  • Supply Chain,
  • Business Management,
  • or related

How to Apply

NB. Use the links given below to Apply

Finance Global Graduate Programme

Apply Online for the Finance Global Graduate Programme


Marketing Global Graduate Programme

Apply Online for the Marketing Global Graduate Programme


Operations​​​​​​​ Global Graduate Programme

Apply Online for the Operations Global Graduate Programme



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