TUT News
TUT Students Reject New Banking System for NSFAS Beneficiaries
Published
7 months agoon
By
tut status![TUT Students Reject New Banking System for NSFAS Beneficiaries](https://tutstatuscheck.co.za/wp-content/uploads/2023/07/TUT-Students-Reject-New-Banking-System-for-NSFAS-Beneficiaries.png)
The campus student representative council (CSRC) at Tshwane University of Technology has rejected the NSFAS eZaga direct payment system.
By using independent service providers for direct payments rather than higher education institutions, NSFAS will be able to make direct payments into bank accounts.
TUT should be excluded from the process at least until 2024, according to CSRC secretary Keamogetswe Masike.
TUT Students Reject New Banking System for NSFAS Beneficiaries
Neither people are entering nor exiting our university. Despite the fact that many of our students are at home and haven’t received their allowances, we remain concerned that business as usual can never resume. Normally, we wouldn’t have a problem with this process if it were legitimate and credible, but now it is rushed and imposed on universities,” he said.
According to Masike, implementing a process of this nature during a time where students are busy studying and preparing for exams wasn’t rational.
Slumezi Skosana, a spokesperson for NSFAS, said the company is taking over direct payment to ensure that it is accountable for student allowances and to ensure better coordination of student fund transfers.
NSFAS did not assume responsibility for alleged fraudulent transactions and erroneous payments made to students, according to Skosana.
Many universities distributed student allowances using service providers. “Neither NSFAS nor the universities are directly responsible for the actions taken by the service providers.” he said.
The new allowance system is expected to not only provide dependable and predictable allowances to students, but also be convenient for them.
The financial aid institution said its teams were dispatched to engage student representative councils and university management on direct payments and related matters.
A number of questions were raised about the new payment system during the engagements, and clarifications were sought.
According to Skosana, NSFAS would not allow activities that detract from the purpose of direct payments to muddle a system that was created in good faith.
NSFAS did not assume responsibility for alleged fraudulent transactions and erroneous payments made to students, according to Skosana.
A number of universities [engaged] service providers to disburse student allowances. It would not be the responsibility of NSFAS to directly monitor the actions of the service providers or the universities,” he stated.
The new allowance system is expected to not only provide dependable and predictable allowances to students, but also be convenient for them.
Direct payments and related matters were discussed with the financial aid institution’s teams and student representative councils.
According to the document, the new payment system was the subject of several questions and clarifications during the engagements.
Skosana, in response to allegations that excessive charges were being imposed and funds were not reaching their intended beneficiaries, said NSFAS would not allow a legitimate system to be upended by activities that undermine it.
![TUT FM Celebrating 30 Years of Student Driven Radio and Community Engagement](https://tutstatuscheck.co.za/wp-content/uploads/2024/07/TUT-FM-Celebrating-30-Years-of-Student-Driven-Radio-and-Community-Engagement-80x80.png)
TUT FM Celebrating 30 Years of Student Driven Radio and Community Engagement
![TUT Alumnus Appointed President Of PRISA](https://tutstatuscheck.co.za/wp-content/uploads/2024/07/TUT-Alumnus-Appointed-President-Of-PRISA-80x80.jpg)
TUT Alumnus Appointed President Of PRISA
![TUT Honors Late Student Activist Matikweni For Fight Academic Exclusion](https://tutstatuscheck.co.za/wp-content/uploads/2024/07/TUT-Honors-Late-Student-Activist-Matikweni-For-Fight-Academic-Exclusion-80x80.jpg)
TUT Honors Late Student Activist Matikweni For Fight Academic Exclusion
![TUT Employment Application Form 2024](https://tutstatuscheck.co.za/wp-content/uploads/2024/06/TUT-Employment-Application-Form-2024-1-80x80.jpg)
TUT Employment Application Form 2024
![Masterclass with Renowned Interior Design Experts Inspires TUT Students](https://tutstatuscheck.co.za/wp-content/uploads/2024/06/Masterclass-with-Renowned-Interior-Design-Experts-Inspires-TUT-Students-80x80.jpg)
Masterclass with Renowned Interior Design Experts Inspires TUT Students
![Buttons & Bows Celebration of Vintage Xhosa Textiles and Artefacts](https://tutstatuscheck.co.za/wp-content/uploads/2024/06/Buttons-Bows-Celebration-of-Vintage-Xhosa-Textiles-and-Artefacts-80x80.jpg)
Buttons & Bows Celebration of Vintage Xhosa Textiles and Artefacts
![A Groundbreaking Partnership Between King's College London and Tshwane University of Technology](https://tutstatuscheck.co.za/wp-content/uploads/2024/06/A-Groundbreaking-Partnership-Between-Kings-College-London-and-Tshwane-University-of-Technology-80x80.jpg)
Groundbreaking Partnership Between King’s College London and Tshwane University of Technology
![TUT Part-Time Lecturer in Dental Technology (X4) at the Pretoria West Campus](https://tutstatuscheck.co.za/wp-content/uploads/2024/05/TUT-Part-Time-Lecturer-in-Dental-Technology-X4-at-the-Pretoria-West-Campus-80x80.png)
TUT Part-Time Lecturer in Dental Technology (X4)
![TUT 2025 Prospectus Tshwane University of Technology](https://tutstatuscheck.co.za/wp-content/uploads/2024/05/TUT-2025-Prospectus-Tshwane-University-of-Technology-80x80.jpg)
TUT 2025 Prospectus Tshwane University of Technology
![TUT Students Register Now and secure your NSFAS Allowance](https://tutstatuscheck.co.za/wp-content/uploads/2024/04/TUT-Students-Register-Now-and-secure-your-NSFAS-Allowance-80x80.jpg)
TUT Students Register Now and secure your NSFAS Allowance
![TUT Granted Hemp Permits on Cultivation and Commercialisation](https://tutstatuscheck.co.za/wp-content/uploads/2024/03/TUT-Granted-Hemp-Permits-on-Cultivation-and-Commercialisation-80x80.jpg)
TUT Granted Hemp Permits on Cultivation and Commercialisation
![TUT Partners with NYDA on Work Integrated Learning Project](https://tutstatuscheck.co.za/wp-content/uploads/2024/03/TUT-Partners-with-NYDA-on-Work-Integrated-Learning-Project-80x80.png)
TUT Partners with NYDA on Work Integrated Learning Project
![TUT Courses That Still Have Space for 2024 Apply Now](https://tutstatuscheck.co.za/wp-content/uploads/2023/07/TUT-Courses-That-Still-Have-Space-for-2024-Apply-Now-80x80.png)
TUT Courses That Still Have Space for 2024 Apply Now
![TUT Late Application for 2024-2025 Academic Year](https://tutstatuscheck.co.za/wp-content/uploads/2023/10/TUT-Late-Application-for-2024-2025-Academic-Year-80x80.png)
TUT Late Application for 2024-2025 Academic Year
![TUT Open Courses for 2024 Late Application](https://tutstatuscheck.co.za/wp-content/uploads/2023/10/TUT-Open-Courses-for-2024-Late-Application-80x80.png)
TUT Open Courses for 2024 Late Application
![](https://tutstatuscheck.co.za/wp-content/uploads/2023/07/TUT-Requirements-for-Teaching-for-2024-Apply-Now-80x80.png)
TUT Requirements for Teaching for 2024 Apply Now
![TUT Short Course That Still Have Space for 2024](https://tutstatuscheck.co.za/wp-content/uploads/2023/08/TUT-Short-Course-That-Still-Have-Space-for-2024-80x80.png)
TUT Short Course That Still Have Space for 2024 Apply Now
![Which Diploma Courses are Still Available at TUT](https://tutstatuscheck.co.za/wp-content/uploads/2023/10/Which-Diploma-Courses-are-Still-Available-at-TUT-80x80.png)
Which Diploma Courses are Still Available at TUT
![TUT Bridging Courses 2023/2024](https://tutstatuscheck.co.za/wp-content/uploads/2022/11/www.tutstatuscheck.co_.za-2-6-80x80.png)
TUT Bridging Courses 2023/2024, Tshwane University of Technology
TUT Online Application Fee 2023/2024
![Which Courses are Available for Late Application at TUT?](https://tutstatuscheck.co.za/wp-content/uploads/2023/08/Which-Courses-are-Available-for-Late-Application-at-TUT-80x80.png)
Which Courses are Available for Late Application at TUT?
![tut its login](https://tutstatuscheck.co.za/wp-content/uploads/2022/11/www.tutstatuscheck.co_.za-1-2-80x80.png)
TUT ITs Login Tshwane University of Technology
![](https://tutstatuscheck.co.za/wp-content/uploads/2023/10/TUT-Post-Graduate-Diploma-Still-Have-Space-for-2024-80x80.png)
TUT Post Graduate Diploma Still Have Space for 2024
![TUT Course List You Qualify for With Your Marks](https://tutstatuscheck.co.za/wp-content/uploads/2023/07/TUT-Course-List-You-Qualify-for-With-Your-Marks-Apply-Now-80x80.png)
TUT Course List You Qualify for With Your Marks | Apply Now
Trending
-
TUT News6 days ago
TUT Courses That Still Have Space for 2024 Apply Now
-
TUT News6 days ago
TUT Late Application for 2024-2025 Academic Year
-
TUT News6 days ago
TUT Open Courses for 2024 Late Application
-
TUT6 days ago
TUT Requirements for Teaching for 2024 Apply Now
-
TUT Blog6 days ago
TUT Short Course That Still Have Space for 2024 Apply Now
-
TUT Blog6 days ago
Which Diploma Courses are Still Available at TUT
-
TUT Blog7 months ago
TUT Bridging Courses 2023/2024, Tshwane University of Technology
-
TUT Blog7 months ago
TUT Online Application Fee 2023/2024