MMADIFEDILE MOFOKENG
THE Department of Higher Education, Science and Innovation (DHSI) will deduct R3.09 billion from money it allocated to universities and a further R3.3 billion from the National Skills Fund (NSF) in order to pay the massive National Student Financial Aid Scheme (NSFAS) shortfall of R5.7 billion.
Inside Education has seen a presentation made by the DHSI minister, Blade Nzimande, to the ANC National Executive Committee (NEC).
The presentation was intended for NEC members only and is not for public distribution.
In the presentation, Nzimande said R 3.09 billion will be reprioritised from the department’s voted funds where R 2.49 billion will be cut from university subsidies, R 500 million from technical and vocational education and training (TVET) colleges’ infrastructure projects and R100 million from the department’s goods & services. He said another R3.3 billion will be taken from the National Skills Fund (NSF).
“Other key programmes aimed at
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