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06 April 2022 | Story Lacea Loader
NSFAS

The National Student Financial Aid Scheme (NSFAS) confirmed in a circular this week that monies will be paid to universities on 8 April 2022.

This will be the first payment that the University of the Free State (UFS) receives from NSFAS this year, as per the media statement by the Minister of Higher Education, Science and Innovation, Dr Blade Nzimande.

So far this year, the UFS management has made several concessions to students to alleviate their financial pressure while waiting for their NSFAS subsidies to be released.

This week, the university management – through active engagements and input from the Institutional Student Representative Council (ISRC) – agreed on the following process for book and meal allowances to be transferred to students’ bank accounts at the earliest possible opportunity:

  1. As in the past, the services of Fundi will be used to pay the allowances to students.
  2. Fundi will inform the recipients of monies received for them.
  3. After the banking details of students have been validated, monies are transferred to a student’s bank account. Fundi will inform students whose banking details are incorrect to rectify it on the Fundi website.
  4. Students who have not received payments before, will be requested to upload their banking details on the Fundi website, after which payment will be made.

It is anticipated that students whose bank accounts are with Standard Bank will receive notice of the payment of their allowance as soon as Friday, 8 April 2022.

Students banking with other banks will receive their payments subject to the inter-banking money transfer policies of the different banks, but not later than two business days after payment.

What students must do:

  1. Ensure that you upload the correct banking details.
  2. Upload your OWN banking details, not the banking details of friends or family.
  3. Ensure that your cellphone number is correct and active on PeopleSoft.
  4. Respond as quickly as possible to SMSes received from Fundi.

The university management would like to thank the majority of students for their patience during this difficult time while waiting for the NSFAS subsidies to be released.


Released by:
Lacea Loader (Director: Communication and Marketing)
Telephone: +27 51 401 2584 | +27 83 645 2454
Email: news@ufs.ac.za | loaderl@ufs.ac.za

News Archive

Prof Frederick Fourie to step down: Statement by the Acting Rector, Prof Teuns Verschoor
2008-09-08

Following the announcement by Prof Frederick Fourie that he is stepping down as vice-chancellor of the University of the Free State (UFS), one cannot help but reflect on the momentous contribution he has made to the development of the UFS.

At the time of his appointment as vice-rector in 1999, the UFS was in a financial crisis. There had been three rounds of staff reductions, there were no funds for equipment or the maintenance of buildings and there was a general mood of despair amongst staff.

With his unique style and talents, and against all odds, as acting rector and as rector from 2003, Prof Fourie succeeded in bringing about a financial turnaround that once again brought hope to the staff of the UFS.

Research improved dramatically, inter alia due to the refurbishment of laboratories and the acquisition of world-class research equipment. General campus infrastructure was significantly upgraded and aesthetically improved, making the physical appearance and quality of the campus and example to other universities.

The university structure was critically analysed in all its dimensions and quality assurance projects were launched to improve the overall package of higher education offerings at the UFS.

Another initiative led to the compilation of a transformation plan that was adopted by the management and the UFS Council and that lays the basis for the years ahead.

Through these and countless other initiatives, Prof Fourie has contributed significantly to the establishment of the UFS as a nationally and internationally recognised higher education institution.

Prof Fourie has laid the foundations for the next period of academic growth and development, the value of which will only be appreciated in its full significance in historical perspective.

The UFS is saddened that the high intensity of change management processes has taken its toll on the rector, but is deeply thankful for the legacy that he leaves.

We wish Prof Fourie many productive years ahead and have faith that his remarkable intellect and capabilities will enable him to make many more contributions to the betterment of South African society.

Media Release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za  
8 September 2008
 

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