Dr Carolissen is currently the Group Executive: Revenue Planning‚ Analysis and Reporting at the South African Revenue Services.
He is also the chair of the Council of the University of the Witwatersrand.
Pandor highlighted Carollissen’s leadership and management experience‚ high level technical skills and his understanding of the South African Higher Education and Training landscape as key attributes in selecting him for the administrator role.
“I wish to thank him for agreeing to take on this critical and important task‚” she added.
The ministry said he will be supported by a team of experts in areas such as financial aid‚ human resources‚ information technology‚ business systems and change management.
"The immediate focus for the Administrator will be to ensure the effective closeout of the 2017 and 2018 student funding decisions and disbursements‚ as well as to urgently finalise plans for the 2019 funding cycle. Over the next few months the Administrator will work with universities and TVET colleges to make sure that student funding for the 2019 academic year works smoothly."
In her first meeting with Carollissen‚ the minister said she asked him to prepare for the opening of 2019 applications in September 2018.
Her office said: "A review of the NSFAS student-centred model will be undertaken over the next few months to run parallel with the term of the Administrator This will provide recommendations for the long term improvement of NSFAS so that it can effectively carry out its mandate‚ to ensure that students from poor and working classes are effectively supported to succeed in their studies."