Technical glitches, poor oversight and shoddy contracts add to NSFAS woes

Report by auditing firm finds that even a dead person got money

19 December 2021 - 00:00

A R14m overpayment to a Walter Sisulu University student by a company contracted by the National Student Financial Aid Scheme (NSFAS) was caused by a “significantly flawed” system.

This was one of the findings by auditing firm Kuhumelela, which was hired by a ministerial committee of inquiry to help review the financial management systems, controls, policies and procedures at the scheme from 2014 to 2020...

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