Loan Scheme for the missing middle explained
A category of students referred to as the missing middle, who previously could not qualify for financial aid provided by the National Financial Aid Scheme (NSFAS), can now apply for a student loan.
This follows an announcement that the Department of Higher Education made in January this year regarding measures to support students who were previously not supported by the NSFAS bursary and funding policy.
The department said government has set aside R3.8 billion to support ‘missing middle’ students through the NSFAS Loan Scheme.