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National Student Financial Aid Scheme Act 56 of 1999

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56 of 1999

The National Student Financial Aid Scheme Act 56 of 1999 intends:

  • to establish the National Student Financial Aid Scheme (NSFAS);
  • 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;
  • to provide for the recovery of loans;
  • to provide for the repeal of the Provision of Special Funds for Tertiary Education and Training Act, 1993; and
  • to provide for matters connected therewith.       

Commencement

19 November 1999

Amendments

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