The NSFAS administrator reveals filing of court papers to terminate the contracts with direct payment service providers, following irregular appointment processes.
The National Student Financial Aid Scheme is reviewing its IT systems to improve turnaround time and integration with higher learning institutions.
The administrator revealed the scheme has filed court papers to sever ties with the direct payment service providers. The papers were filed on Friday, 24 May, he stated, adding it is collaborating with the Special Investigation Unit in dealing with this issue. To further iron out payments to beneficiary students, Nomvalo yesterday said NSFAS has devised a new student allowance payment mechanism for universities and TVET colleges, to be fully operational by September.
“In our conversation with universities, the need for the smooth and efficient reconciliation between NSFAS and institutions is critical. This is the case for the payment already made and the future payment.”
National Student Financial Aid Scheme Freeman Nomvalo Administration TVET Colleges Ezaga Holdings Coinvest Norraco Corporation Tenet Technology
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