University student accidentally receives R14m from NSFAS

Walter Sisulu University, NSFAS,

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A Walter Sisulu University student who accidentally received a whopping R14m pay-out from the National Student Financial Aid Scheme 5 months ago has already spent about half a million of it. university spokesperson Yonela Tukwayo has confirmed that she did receive R14m on her Intellicard account and confirmed that the student is liable for every cent spent.

She explained that the company which facilitates the student payments, should have detected the error immediately after it was made earlier this year. The university is meeting the company on Tuesday afternoon to receive a report on the matter and is also conducting its own forensic investigation.


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BETA TINZ: University student accidentally receives R14m from NSFAS
University student accidentally receives R14m from NSFAS
Walter Sisulu University, NSFAS,
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