The National Student Financial Aid Scheme (NSFAS) board has been reduced to seven members following a series of resignations, raising concerns about governance and stability within the state-run institution. The board, which oversees R54 billion in government funding, is under fire for its retention issues after two members stepped down.
Critics question the decision to pay three companies for tasks that fall under NSFAS's responsibilities, further complicating the narrative around its management and effectiveness. The recent changes have sparked a broader discussion about accountability and transparency in the handling of public funds.