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SIU Returns R1.7bn to NSFAS Student Fund, Recovered From Universities and Unqualified Students

Recovered funds stem from unallocated payments between 2016 and 2021 due to weak controls; over R2 billion reclaimed from institutions and unqualified recipients, SIU said.

Summary by allAfrica
[SAnews.gov.za] The Special Investigating Unit (SIU) says it has returned R1.7 billion to the National Student Financial Aid Scheme purse, which will be allocated to students' needs at institutions of higher education.

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eNCA broke the news in on Tuesday, January 27, 2026.
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