Government says it will allocate R16 billion to the Department of Higher Education over the next three years, with over R10 billion going to the National Student Financial Aid Scheme (NSFAS).
This comes amid on-going protests on campuses over university fees, among other issues.
Finance Minister Pravin Gordhan says a further R54 billion will be spent on education infrastructure over the next three years.
An amount of R5.7 billion of this will address the shortfall caused by keeping fees for the 2016 academic year at 2015 levels.
R2.5 billion will go towards the National Student Financial Aid Scheme to clear outstanding debt along with a further R8 billion over the medium term to enable current students to complete their studies.
Click below for the full speech:
– By Amina Accram
