Draft National Student Financial Aid Scheme Bill

1st January 1999

To establish the National Student Financial Aid Scheme (NSFAS) to replace the Tertiary Education Fund of South Africa, a company recognised in terms of section 2 of the Provision of Special Funds for Tertiary Education Act, 1993 (Act No. 121 of 1993); to provide for the management, governance and administration of the NSFAS; to provide for the granting of
loans and bursaries to eligible students at public higher education institutions and for the administration of such loans and bursaries; and to provide for matters connected therewith.