Student debt at UCT is a major issue that the institution has to deal with annually.
The University of Cape Town says it will be allocating around R1 billion this year, towards assisting students who are struggling to pay their fees. This as many students who were accepted to study at UCT are struggling to pay for tuition and accommodation.for qualifying students is sometimes also not sufficient to cover the costs for studying at UCT.
The reasons for their debt include withdrawal of funding from NSFAS due to poor results, not qualifying for financial aid and increased accommodation costs. “About 50 percent of undergraduate students need financial aid and we spend about R1.2 billion on providing support for students and about 50 percent of undergraduate students need financial aid,” says UCT Vice-Chancellor Professor Mosa Moshabela.
“Senate had already made a decision that they’re going to support Palestine. Council also already made its decision recognising that there were some atrocities that happened on the Israeli side. Those records are there in terms of the statements that have been released, but on the ground it was difficult. I spent a lot of time engaging stakeholders and I had to engage with some people that were not happy with us,” Moshabela adds.
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