Continuing Education and Training Act, 2006 (Act No. 16 of 2006)

Notices

National Norms and Standards for Funding Technical and Vocational Education and Training Colleges

E. Other Funding Streams

73 - 74. Student financial aid

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73.In this policy, student financial aid is funding, in the form bursaries or loans, provided by the state or private organisations to students, possibly through the public TVET College, to deal with costs such as college fees, accommodation, and transport as well as subsistence costs.

 

74.The DHET should monitor the situation with respect to needs-based funding over and above the bursaries, and make proposals for systems and partnerships where necessary. Options involving agreements between the state and public and private lending institutions should be explored.