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Urgent communication regarding payment of subsidies to NSFAS-funded UFS students

06 April 2022 | Story Lacea Loader

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:

As in the past, the services of Fundi will be used to pay the allowances to students.
Fundi will inform the recipients of monies received for them.
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.
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:

Ensure that you upload the correct banking details.
Upload your OWN banking details, not the banking details of friends or family.
Ensure that your cellphone number is correct and active on PeopleSoft.
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

UFS Council wishes outgoing rector well

2008-09-05

Statement by Judge Faan Hancke, Chairperson of the UFS Council

The Council of the University of the Free State (UFS) hereby expresses its heartfelt thanks and appreciation to Prof. Frederick Fourie for his contribution to building and developing the UFS. His association with the UFS stretches over a period of 40 years – first as a student, later as a lecturer, dean, vice-rector and finally as rector and vice-chancellor.

When the University was operating at a loss during 2000 and it was in a financial crisis, he came up with a financial turn-around strategy which took the UFS out of this crisis to a position where it can annually spend considerable amounts on strategic projects. This led to large amounts being invested in the academia and especially research. As a result, the UFS’s research capacity and research equipment has been expanded. Since 2003 research outputs increased with about 50%, which is a great achievement for the UFS’s researchers and its faculties.

Progress was also made with diversity, the UFS’s balanced multilingualism policy in the academia as well as administration, employment equity, the transformation plan and the institutional charter. Under his leadership there was an upgrading and extension of the infrastructure, academic buildings and facilities as well as support services and student facilities.

Prof. Fourie has an excellent intellect and exceptional abilities which can still make a huge contribution to the improvement of the South African society. As a result of personal consideration and after 4 decades’ association with the UFS including 5 years in a leading position, Prof. Fourie decided to step down. The Council respects this decision and wishes him success and best wishes.

The process of appointing a new rector and vice-chancellor will follow the normal recruitment procedure of the UFS. In terms of this procedure a representative committee of Council, which includes all stakeholders of the UFS, will consider applications that are received.

Applications will be invited through an open and targeted process of recruitment advertising, locally, nationally and internationally to broaden the pool of applicants.

Within this process Council has expressed the view that applications from the designated groups in terms of Employment Equity must be encouraged.

It is also Council’s wish that this process be completed as soon as is possible, within the approved procedure.

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
12 September 2008

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