Wits, UFS pay back close to R900m after NSFAS probe

The Special Investigating Unit (SIU) has welcomed the payment of close to R900m by the University of Witwatersrand (Wits) and the University of the Free State (UFS) to the SIU emanating from the National Student Financial Aid Scheme (NSFAS) investigation.The SIU said the funds paid by Wits (R450m) and UFS (R438m) were unallocated for students who qualified for funding, but either changed institutions or deregistered between 2016 and 2021.The SIU said the unallocated funds were supposed to have been collected by NSFAS at the end of each year from the institutions through reconciliation…