Answer to Question #279917 in Economics for Smendoms

Question

How a cut in the budget of NSFAS would affect students learning in South Africa

Answer 1

National Student Finance Aid Scheme of South Africa is a government body gives funds to students in their tertiary level of education. This type of money is offered in form of loans which are to be repaid later in life as one starts earning or is employed.

As a result of a cut in the budget students will have less money for food, equipment for learning etc.