Indebted students finally able to graduate
A total of 132 students at the Tshwane University of Technology (TUT) who have completed their studies, but were unable to graduate owing to outstanding debt, will benefit from a grant of R3,065 million the FirstRand Foundation (FRF) made to the University recently.
At an event hosted at the Pretoria Campus, Dr Edgar Nesamvuni, Acting Deputy Vice-Chancellor (DVC): Postgraduate Studies, Research and Innovation, thanked the FRF on behalf of the University’s management, saying that the grant will ensure that students can enter the job market carrying a certificate. “This also influences the throughput rate on which our subsidy is based,” he added.
TUT statistics show that almost a third of students who completed their studies in 2016 did not receive their qualifications due to outstanding tuition fees.
According to Oren Fuchs, a Trustee of the First Rand Empowerment Foundation (FREF) who represented the FRF at the event, the ability of higher education institutions like TUT to continually deliver quality graduates that the business sector requires, is critical to their sustainability and South Africa’s development and growth.
“The grant is a very significant contribution and highly appreciated gesture to assist financially needy students to finally graduate, find employment and make a meaningful contribution to society,” said Danie Ferns, Deputy Director of the TUT Advancement and Partnerships Office (APO).
The majority (67) of the 132 students who will be assisted hail from the Faculty of Economics and Finance, which was proudly represented by Prof Robert Rugimbana, Executive Dean.
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