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A closer look into the off-campus accommodation policy

20 March 2024 | Story Valentino Ndaba | Photo SUPPLIED

In a move to prioritise student welfare and ensure high-quality off-campus accommodation, the University of the Free State (UFS) has introduced a comprehensive Off-Campus Accommodation Policy. This policy sets out rigorous accreditation procedures and minimum requirements for private housing providers catering to UFS students.

Naledi Ntsuku, a Higher Certificate in Music Performance student residing in Victoria Kamano student accommodation near the Bloemfontein Campus, expresses her support for the initiative, stating: “Having access to safe and comfortable off-campus accommodation enhances our overall student experience and contributes positively to our academic journey.”

Quintin Koetaan, Senior Director: Housing and Residence Affairs at the UFS, adds, “This policy reinforces our commitment to providing students with conducive living environments, both on and off campus. It sets clear standards and procedures to ensure the well-being and safety of our students.”

Key highlights of the policy include:

Accreditation Process: Accreditation is granted annually, contingent upon meeting specified requirements. Providers must submit various documents, including property deeds, building plans, and tax clearance certificates.

Minimum Requirements: Providers must adhere to standards outlined in the Minimum Accreditation Requirements document, ensuring compliance with regulatory frameworks.

Transparent Procedures: The policy emphasises fairness and consistency in accreditation decisions, providing avenues for addressing appeals and complaints.

NSFAS Funding: Accredited off-campus accommodation may qualify for financial aid from NSFAS, further supporting students’ access to quality housing.

Maintenance and Student Well-being: The policy mandates compliance with relevant legislation regarding construction, repairs, and maintenance, prioritising students’ academic activities and well-being.

Disciplinary Measures: Students residing in accredited off-campus accommodation must adhere to university policies. Transgressions may lead to disciplinary action as per UFS Rules on Student Discipline.

Ensuring quality and compliance for student welfare

The UFS Off-Campus Accommodation Policy reaffirms the university’s dedication to students’ welfare beyond campus boundaries. It aims to create a conducive living and learning environment, ensuring all enrolled students have access to safe and comfortable accommodation.

The policy states: “Students living in accredited off-campus accommodation are expected to live in accordance with the values of the UFS. The UFS policies, regulations and procedures shall also apply to students who live in accredited off-campus accommodation.” This is in alignment with the university’s commitment to Vision 130 which is the strategic plan to reposition the university by its 130th anniversary in 2034, centred around values such as excellence, innovation and impact, accountability, care, social justice, and sustainability.

By adhering to these guidelines, the UFS strives to provide a supportive and enriching experience for its student community, fostering success both academically and personally.

Click to view document Click here for more information and access to the full policy document.

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher

2014-09-01

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail

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