New student-centred funding model

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Presentation transcript:

New student-centred funding model New model: Student Centred Funding follows the student Student knows funding status before registration Apply once only for a course of study Apply through different channels New Applications Student applies online – and other channels Ranked after results and provisionally funded Registration Signs online Loan Agreement/Schedule of Particulars Allowances paid within 48 hours Continuing Students Confirm returning student listing – no application required Ranked after results and provisionally funded Registration Allowances paid within 48 hours

Loans & Bursary Operations Application Channels Evaluation Loans & Bursary Operations Online Assisted Capture Application Results to Students/Universities/ From DHET for TVET Colleges Provisionally funded Students Drop-And-Go Information exchange between NSFAS & Institutions

And after listening … the final product is

Business Process 2: Assisted Capturing

Business Process 3: Drop-and-Go