GRI

TVET College in Free State agrees to pay back unallocated NSFAS grant funding worth R38.8 million

News Anti-Bribery & Corruption English Sanctions & Fines
Date: 29th Sep, 2023 Source: Special Investigating Unit Country: South Africa Original Source

Brief

Summary

The Special Investigating Unit (SIU) has signed an Acknowledgement of Debt (AoD) agreement with Motheo TVET College in the Free State, regarding the SIU's National Student Financial Aid Scheme (NSFAS) investigation. The college has agreed to pay back unallocated NSFAS grant funding worth R38.8 million, which was meant for students who qualified for funding but either changed institutions or deregistered. This payment is part of the SIU's efforts to recover financial losses suffered by the state through corruption and negligence. The SIU has so far recovered over R421.3 million from institutions of higher learning and encourages others to come forward and pay back unallocated funds due to NSFAS.

SIU Hotline: 0800 037 774 , Search Search , HOME ABOUT SIU ABOUT SIU SIU LEADERSHIP PROVINCIAL HEADS LEGISLATION INVESTIGATIONS PROCLAMATIONS NATIONAL GOVERNMENT PROVINCIAL GOVERNMENT LOCAL GOVERNMENT STATE OWNED ENTITIES INVESTIGATION REPORTS HIGH LEVEL VALUE CHAIN REPORTING ANNUAL REPORTS ANNUAL PERFORMANCE PLAN JUDGMENTS SPECIAL TRIBUNAL HIGH COURT MATTERS IN COURT MEDIA ROOM GALLERY MEDIA

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SIU Hotline: 0800 037 774 , Search Search , HOME ABOUT SIU ABOUT SIU SIU LEADERSHIP PROVINCIAL HEADS LEGISLATION INVESTIGATIONS PROCLAMATIONS NATIONAL GOVERNMENT PROVINCIAL GOVERNMENT LOCAL GOVERNMENT STATE OWNED ENTITIES INVESTIGATION REPORTS HIGH LEVEL VALUE CHAIN REPORTING ANNUAL REPORTS ANNUAL PERFORMANCE PLAN JUDGMENTS SPECIAL TRIBUNAL HIGH COURT MATTERS IN COURT MEDIA ROOM GALLERY MEDIA

This content is restricted.

Special Investigating Unit

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