Nsfas Still Paying R2.5m for Head Office, as Delays Prolong Terminating Lease

Nsfas still paying R2.5m for head office, as delays prolong terminating lease

The current Nsfas leadership has distanced itself from the controversial agreement

NSFAS cooperating with SIU on head office lease

By Thapelo Molefe The National Student Financial Aid Scheme (NSFAS) has confirmed that it is actively working with the Special Investigating Unit (SIU) to terminate its current head office lease agreement, which costs R2.5 million per month. This decision comes after Parliament’s Portfolio Committee on Higher Education scrutinised NSFAS’ choice to spend such a substantial amount on rent. In a statement, NSFAS said it supported the SIU’s legal ac…