16/03/2023
ANC-LED Eastern Cape Provincial Government
EXECUTIVE COUNCIL APPROVES A R50 MILLION INJECTION TO ASSIST EASTERN CAPE STUDENTS STRUGGLING TO PAY DEBT AT PROVINCIAL-BASED UNIVERSITIES: 15 MARCH 2023
The Eastern Cape Provincial Executive Council as led by Premier Lubabalo Oscar Mabuyane approved a R50 million injection for 2023 to assist Eastern Cape born students who have not received their graduation certificates because they are struggling to pay off their university debt at institutions of higher learning within the province.
This brings the fund allocated to this intervention initiative to about R130 million since its inception in 2020, with 4778 students receiving assistance.
The amount will be shared among the four universities in the province i.e. Fort Hare (R15 million), Nelson Mandela (R10 million), Rhodes (R5 million), and Walter Sisulu (R20 million); according to their financial status and enrollment figures. Close to 2500 students are expected to get support in 2023 through this funding.
The funds will prioritize students who completed their studies between 2020 and 2022 but cannot graduate and receive their certificates due to historic debt. Priority fields of study include Agriculture, Science, Technology, ICT, Engineering, and the funds will target at least 55% female students.
These funds are administered directly by universities. Government has signed an MoU with the universities as part of accountability and monitoring mechanisms, committing the institutions to ensure students funded are from across the province and studied within the province. The institutions will also be expected to submit a report to the Provincial Government on all students assisted and their specific circumstances.
“The challenge of the “missing middle” students, those who do not qualify for NSFAS, but struggle to afford higher education fees is real. While the national government is working on strategies to comprehensively deal with the challenge, it is critical for us to support these students in the meantime. Some need to pay their debt so they can graduate and enter the job market,” said Premier Mabuyane.
"Young people must be given access to higher education to improve their skills level and provide them greater access to opportunities to break the cycle of poverty in the province. This will propel us towards building the Eastern Cape we want." To this end, the Provincial Government also awards bursaries, scholarships, internships and learnerships to young people.
Universities in the province are reportedly owed more than R1 billion in student debt and the provincial government is making these funds available as part of relief efforts. “We acknowledge that there is still a massive need to extend support to students who must graduate, specifically at our to Historically Disadvantaged Institutions,” said Mabuyane.
The Premier calls on business, NGOs, and individuals to also assist these students and contribute towards ensuring the doors of learning are opened to all students in the province.
End.