Finance Minister Enoch Godongwana has agreed with a proposal from EFF leader Julius Malema to abolish the National Student Financial Aid Scheme. Godongwana stated that the current system is inefficient and should be replaced by sending funding directly to universities. He criticized the scheme for its high executive salaries and excessive outsourcing, suggesting these practices contribute to its wastefulness.
The minister confirmed he would close the organization immediately if given the option. His remarks highlight significant operational failures within the student financial aid system, which manages over R40 billion annually. This rare political alignment between figures from different parties occurs as the scheme faces new corruption investigations and persistent complaints regarding payment delays that negatively impact students.
The minister confirmed he would close the organization immediately if given the option. His remarks highlight significant operational failures within the student financial aid system, which manages over R40 billion annually. This rare political alignment between figures from different parties occurs as the scheme faces new corruption investigations and persistent complaints regarding payment delays that negatively impact students.
