DAS TUT-Management und der Zentrale Studentenvertretungsrat (CSRC)… Ruyter spokeswoman Willa said in a statement that she was signing a formal agreement concluding recent discussions on student funding between the parties.” “This agreement will help students pay their debts while they can register and continue their studies,” she said. The management of the Tshwane University of Technology (TUT) and the Central Council of Student Representatives signed a formal agreement on Monday following protests at the institution, as the university announced on Monday. As part of an agreement, TUT management and CSRC agreed on several issues, including student debt arrears and issues related to the National Student Financial Aid Scheme (NSFAS). Professor Lourens van Staden, Vice-Chancellor and Director of the school, thanked the CSRC management team for the positive spirit with which they helped LES to solve “this national challenge” and resume academic activities. “It is thought that this will put an end to the student protest that has ended activities on different campuses in recent weeks.” For the approximately 226 B-Tech students in the past year, all they would have to do is pay the minimum payment of R1500 and make financial arrangements for their historical debt. Students should also sign the debt recognition for the remaining 2014 balances. The protests began on the Soshanguve University campus and then spread to the Ga-Rankuwa, eMalahleni and Pretoria campuses. All remaining balances, as well as the balance of 2015 commissions, are expected to be cleared by October 30, 2015. “This equates to about 37 million aid.” “This represents about R16 million in financial aid for this group of students.” “That`s about R$7 million in terms of aid to this critical riding.” “About 471 national senior students have to pay an initial payment of R1500, coupled with financial agreements,” De Ruyter said. With regard to NSFAS funding, students who were funded by the NSFAS in 2014 and who owed debts to the university and who did not have NSFAS funding in 2015 could, under certain conditions, register with unpaid debts. In the event of unpaid debts, all students with outstanding debts in previous years should pay at least R1500 r in total, plus the minimum initial payment of R1500 for registration in 2015.
“It was also agreed that funds for quality scholarships for graduate and financially disadvantaged students will be redirected to the NSFAS group,” she said.