Presentation on theme: "Allocations to Universities and TVET Colleges 2015 Presentation to the Portfolio Committee on Higher Education and Training 18 February 2015."— Presentation transcript:
1 allocations to Universities and TVET Colleges Presentation to the Portfolio Committee on Higher Education and Training February 2015
2 PRESENTATION OVERVIEW Introduction2014 Review and Challenges2015 Process – Old and New Model2015 Preparations2015 Loans and BursariesCommunication with InstitutionsOther InterventionsMedia EngagementsStakeholder Engagements
3 INTRODUCTIONMandateIn terms of the NSFAS Act, the organisation’s mandate is to:develop criteria and conditions for the granting of loans and bursaries to eligible students in consultation with the Ministerraise fundsallocate funds for loans and bursaries to eligible studentsrecover loansmaintain and analyse a database and undertake research for the better utilisation of financial resourcesadvise the Minister on matters relating to student financial aidperform other functions assigned to it by the NSFAS Act (56 of 1999) or by the Minister
4 2014 REVIEW AND CHALLENGES CHALLENGES Students with historic debt Not all students can be assistedUnfunded programmes e.g. B.TechImplementation of the new student-centred modelStudent protests
5 2014 REVIEW AND CHALLENGES REVIEW R8.7 billion paid to TVET’s and Universities in 2014R 1,156,745,994 paid in the new modelR 7, paid in the old modelNew Student Centred Model piloted at 11 Institutions:6 Universities5 TVET Colleges
6 Receives upfront payment 2015 PROCESS – OLD MODELReceives allocationReceives upfront paymentAwards loansPays allowancesSubmits claim to NSFASChecks claimPays claimInstitutionNSFASNo changes in process.Affects about 85% of the NSFAS student population.
7 2015 PROCESS: NEW STUDENT-CENTRED MODEL New model:Student CentredAllocations managed by NSFASStudent knows funding status before registrationApply once only for a course of studyAffects about 15% of the student populationNew ApplicationsStudent applies onlineRanked after results and provisionally fundedRegistrationSigns online Loan AgreementAllowances paid within 48 hoursReturning StudentsConfirm returning student listingRanked after results and provisionally fundedRegistrationAllowances paid within 48 hours
8 PILOT INSTITUTIONS VISITED DURING REGISTRATIONS UNIVERSITYTVET COLLEGEDURBAN, University of TechnologyEkurhuleni East, TVET CollegeNELSON MANDELA METROPOLITAN UniversityKing Hintsa, TVET CollegeMPUMALANGA, University ofMotheo, TVET CollegeSOUTH AFRICA, University ofSouth Cape, TVET CollegeVENDA, University ofUmfolozi, TVET College
9 2015 PREPARATIONS19 December 2014: Allocations confirmed to universitiesDHET to confirm allocations to TVET colleges30% upfront payment to universities (on request)10% upfront payment to all TVET colleges (20% in April 2015)Maximum funding per university student is capped at RDedicated funding for students with disabilities
10 2015 ALLOCATIONS Source Amount DHET - Universities R4.1bn DHET - TVET CollegesR2.2bnNational Skills Fund (Provisional)R800mDepartment of Basic Education - Funza LushakaR1bnDepartment of Social Development (Provisional)R 200mNSFAS RecoveriesR450mUniversities’ own funding (Estimated)Sector Education and Training Authorities (Estimated)R500mOther FundersR50mTotalR9.5bn
12 DHET & NSF ALLOCATIONS Institution Amount CAPE PENINSULA, University of TechnologyR240,372,698CAPE TOWN, University ofR129,412,218CENTRAL, University of TechnologyR132,358,811DURBAN, University of TechnologyR281,601,036FORT HARE, University ofR212,623,623FREE STATE, University ofR125,626,738JOHANNESBURG, University ofR374,633,210KWAZULU NATAL, University ofR313,955,698LIMPOPO, University ofR298,530,932MANGOSUTHU, University of TechnologyR198,424,437MPUMALANGA, University ofR3,500,000
13 DHET & NSF ALLOCATIONS Institution Amount NELSON MANDELA METROPOLITAN, UniversityR150,055,471NORTH WEST, University ofR190,073,495PRETORIA, University ofR188,981,494RHODES, UniversityR34,819,766SOUTH AFRICA, University ofR177,163,406SOL PLAATJIE, UniversityR3,500,000STELLENBOSCH, University ofR63,556,688SEFAKO MAKGATHO, University of Health SciencesR29,624,034TSHWANE, University of TechnologyR508,056,977VAAL, University of TechnologyR220,491,131VENDA, University ofR223,414,705
14 DHET & NSF ALLOCATIONS Institution Amount WALTER SISULU University WESTERN CAPE, University of theR175,870,235WITWATERSRAND, University of theR188,519,787ZULULAND, University ofR234,000,493TOTALR5,033,922,561
15 UPFRONT PAYMENT FOR UNIVERSITIES UniversityAmountCAPE TOWN, University ofR36,215,863CAPE PENINSULA, University of TechnologyR26,332,300FREE STATE, University ofR34,984,130FORT HARE, University ofR48,540,838JOHANNESBURG, University ofR98,193,717MANGOSUTHU UniversityR52,766,435STELLENBOCH, University ofR8,537,132TSHWANE, University of TechnologyR142,706,786WALTER SISULU UniversityR90,750,511WESTERN CAPE, University of theR46,731,637WITWATERSRAND, University of theR52,982,616ZULULAND, University ofR57,887,250TOTAL:R696,629,220
22 COMMUNICATION (INSTITUTIONS) Communication with institutions regarding allocationsHESA/DHET/NSFAS on 2015 ReadinessDHET/NSFAS Meeting with Student Leaders/ OrganisationsIssued the following circulars:Administration Process for TVETAdministration Process for UniversitiesDHET Final Year ProgrammeB-TechAdministration of SETA FundingNSFAS Learning Material Guidelines
23 STAKEHOLER ENGAGEMENTS StakeholdersDepartment of Basic Education (DBE)Department of Social Development (DSD)Sector Education and Training Authorities (SETAs)University Vice-Chancellors and staffTVET College PrincipalsStudent Organisations and leadershipNational Skills Fund (NSF)
24 OTHER INTERVENTIONSRoving teams to visit institutions during registrationTo pilot and non-pilot institutionsContinuously engaging potential sources of funding including SETAsSigned 2015 MOU with HWSETASinged 2015 MOU with Services SETASinged 2015 MOU with FASSETAgreement with DBE to allocate funding much earlierFundza Lushaka list for pilot universities now available much earlier.
25 MEDIA ENGAGEMENT & PARTNERSHIP December 01, 2014 – February 17, 2015Pro-active – issued media releasesResponded to all media queries/ requests (over 50)Received positive and negative media coverageAdvertising Value = R 3mPartnered with DHET/Khetha Radio Campaign on SABC
26 Questions and discussion The doors of learning and culture shall be opened!Freedom Charter, 1955White Paper on Post school Education and Training, 2013
Your consent to our cookies if you continue to use this website.