NSFAS-Qualifying Students With Debt Must Sign Form To Register

NSFAS-qualifying students with historic debt have now been given instructions on what to do if they want to register and can't afford to pay historic debt at the present moment. Protests against historic debt have been at the centre of higher education institutions around the country recently.



Students who are funded by NSFAS who have historic debt from the previous year must sign an Acknowledgement of Debt form to register, this is what the Department has directed in the midst of student protests concerning historic debt.

This would most likely apply to students who were either partially funded or not funded at all in prior years or have fees that NSFAS still needs to pay from the previous year.

Protests against historic debt are now in it's second week as students first demanded that students with historic debt be allowed to register and made further demands for historic debt to be wiped.

Minister of Higher Education, Blade Nzimande, has said:

NSFAS-qualifying students with historic debt are able to register when they sign an Acknowledgement of Debt (AoD) form, while the process is underway.

This does not apply for all students, only those who are funded by NSFAS. 

The AoD form is usually administered through the relevant University.

With this form, the beneficiary is admitting that they owe money to the institution and aims to repay the money owed.

With demands coming from students to wipe historic debt, the Minister responded to this by saying that the department cannot afford to support all Universities to clear student debt and that budget cuts made this even more clear. In order for institutions to remain financially sustainable, they then cannot afford to clear student debt either. 

The Department of Higher Education is not in a financial position to be able to support institutions to clear all student debt of fee-paying students. 

The historic debt of NSFAS-qualifying students is being addressed through a process between NSFAS and institutions, said Nzimande.

Read the full statement from Minister Blade Nzimande here.

Article Category

Other Articles

Meet Nandi Nkosi, a #BostonSprings Graduate!

“I graduated with a Bachelor of Commerce in Management Marketing. I was so excited to achieve a degree from Boston because it affords me the opportunity to broaden my horizons in terms of job seeking, and this is especially beneficial as South Africa has a high unemployment rate. 

Boston City Campus is helping you build your brand by giving you some tips on how to develop your self-confidence. Self-confidence can help you become successful in your personal and professional life.

False Bay TVET College began participating in Peer2Peer programmes which are all based on the belief that encouraging regular dialogue in the physical and emotional safe space of peer groups will challenge and equip students to take responsibility for their health, well-being and development. 

Central University of Technology have opened up their applications for 2022. Don't hesitate and apply now!

Second Semester applications are now open at Orbit TVET College. Orbit TVET College wants to provide high-quality education and training that is affordable and relevant.