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Former NSFAS CEO, Nxasana cites financial strain as reason for resignation

It was revealed yesterday that NSFAS chairperson, Sizwe Nxasana has quit.

NSFAS Sizwe Nxasana
Silindelo Masikane

He cited the extreme financial strain the organisation is taking.

Nxasana's resignation also comes after Higher Education Minister Naledi Pandor wrote to the student financial aid scheme requesting that it hold off processing new applications - until it's sorted out the backlog for the 2017/18 period. 

Higher Education spokesperson, Lungani Ngqengelele says backlog issues will be sorted by next month.

ALSO READ: NSFAS tackles backlog, places new applications on hold

"We are hoping that by early or mid-September - all these issues will be resolved and that all these applications can begin around the same time. 

"The Minister has emphasised that students don't have to worry about funding for 2019 as it will come. So there shouldn't be any concerns about students not being funded for 2019," Ngqengelele said. 

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