A court has suspended the NSFAS administrator and restored the remaining board members, pending the final outcome of a review application.
The crisis that led to the dissolution of the National Student Financial Aid Scheme board and the appointment of an administrator "did not appear overnight", the Organisation Undoing Tax Abuse says.
This follows a Pretoria High Court ruling that suspended administrator Hlengani Mathebula's appointment and restored the seven remaining board members pending a final hearing, which could occur as soon as next month.
On May 4, Higher Education and Training Minister Buti Manamela dissolved the NSFAS board and placed the scheme under administration, appointing Mathebula as administrator.
Mathebula subsequently submitted a stabilisation plan to the minister, which SA News said detailed "a carefully considered catalogue of interventions for NSFAS, which has been systemically hollowed out to the extent that its resources have been stripped of required robust institutional safeguards."
