“This allegation is not true, and we can confirm that NSFAS did not make any payment amounting to R5bn to any student.”
Students queue at a NSFAS office in Johannesburg. Social media was buzzing at the weekend when a woman tweeted that R5bn was deposited into a student's bank account. NSFAS said this was not true.The National Student Financial Aid Scheme dominated Twitter on Monday as social media users responded to allegations that the scheme had mistakenly deposited R5bn into a Limpopo student's bank account.
Claims on social media stated that the beneficiary was a student at the Letaba FET College and that the funds were deposited into her Capitec bank account at the weekend.It warned students to avoid scams that targeted its beneficiaries. Still, social media was abuzz with people dreaming of the “moemish” happening to them and sharing what they would do if they suddenly found five bill in their account.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blade Nzimande called on to explain NSFAS cash-for-books payouts | IOL NewsConcerned role players in the academic publishing and bookselling sector said they noted minister Blade Nzimande’s visit to the NSFAS offices in Cape Town.
Read more »
Blade Nzimande called on to explain NSFAS cash-for-books payouts | IOL NewsConcerned role players in the academic publishing and bookselling sector said they noted minister Blade Nzimande’s visit to the NSFAS offices in Cape Town.
Read more »
WATCH | Khanyi Mbau's steamy new music video with Tebogo will leave you sweatingKhanyi later dances for her bae in the bedroom - and even pulls off a scorpion kick!
Read more »
Win a Core Merino voucher in IOL's #MyHeart competition | IOLCOMPETITION: 2020 is all about mixing it up and Valentine’s Day is the first chance you’ll get. Spoil your partner by giving them a garment of merino wool that will last forever and is eco-conscious. MyHeart
Read more »
Helen Zille slams load-shedding: the least Eskom can do is apply accurate schedulesZille is up in arms with Eskom not sticking to its load shedding schedule.
Read more »
Seventh suspect arrested over Eastern Cape cop murderOn December 3 last year, police constable Lonwabo Soga was brutally gunned down while attending to a call-out in Coffee Bay in the Eastern Cape.
Read more »