Student accommodation providers instability at the National Student Financial Aid Scheme NSFAS are pushing many landlords to the breaking point, with some struggling to keep the lights on as delayed payments and unresolved rental rates continue to pile pressure on the sector.
The South African National Student Accommodation Association has raised alarm over the decision by higher education minister Buti Manamela to place NSFAS under administration once again.
In a statement, the association said that while it noted assurances that student funding and allowances would continue uninterrupted, the latest leadership change deepened concerns about ongoing instability at the entity.
