Despite the challenge faced by eZaga Holdings’ in paying bursary holders of the National Student Financial Aid Scheme (NSFAS), the digital financial service says it has managed to pay 98,1% of students. Payment has been made to Technical and Vocational Education and Training (TVET) college and university students boarded onto the financial platform.
The crisis caused by affected students embarking on violent protests at select varsities in the country led to the suspension and probing of Andile Nongogo, chief executive officer (CEO) of NSFAS, and his role in the awarding of payments.
Saud Ally, CEO of eZaga, said they were in the process of integrating the remaining 1,9% of students.
“The past three months since on-boarding the universities have posed some challenges.
“Thanks to constructive feedback from students and stakeholders, we have been able to implement changes as to how the fees are structured. Through these adjustments, we prioritised students’ needs while ensuring that we consistently deliver a quality service,” said Ally.
The financial entity said it had the right to disburse funds to students of at least six higher education institutions, namely the University of the Free State (UFS), Durban University of Technology (DUT), Vaal University of Technology (VUT), Tshwane University of Technology (TUT), University of Limpopo (UL) and the University of Zululand (UniZulu).
For information on how to come about assistance or use the new payment platform, visit ezaga.co.za.
– Lekhotso Tau
