Acts Online
GT Shield

National Student Financial Aid Scheme Act, 1999 (Act No. 56 of 1999)



Notice No. 1400

19 November 1999


(English text signed by the President)

(Assented to 18 November 1999)


It is hereby notified that the President has assented to the following Act, which is hereby published for general information:-


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.