NSFAS Released media statements condems the use of its name by europa lounge to promote the despicable use of Nsfas Allowances

0 Comments

DATE: WEDNESDAY, 01 MARCH 2023
SUBJECT: NSFAS CONDEMNS THE USE OF ITS NAME BY EUROPA LOUNGE TO
PROMOTE THE DESPICABLE USE OF NSFAS ALLOWANCES
The National Student Financial Aid Scheme (NSFAS) has been made aware of a disturbing
advertising stunt by the establishment named Europa Lounge in Pretoria, Gauteng. The
establishment is offering discounted prices on alcoholic beverages to students, using the tagline
‘NSFAS INGENILE’.
NSFAS condemns this act in its strongest form. This reckless behaviour not only perpetuates
undue use of the NSFAS allowance by its beneficiaries, however it also counters the efforts by
the scheme to instill financial responsibility to its beneficiaries.
The entity will be taking the necessary legal steps to ensure that Europa is held accountable.
The allowances disbursed to NSFAS beneficiaries is intended to help students from poor
backgrounds with food, transport (where necessary), learning material and other living
expenses. Through the new direct payment system(NSFAS Bank account), NSFAS seeks to
track and monitor students purchase trends, with the aim of putting measures in place to ensure
that allowances are spent accordingly
4 Christian Barnard Street Cane Torn City
T-
Cartre Cane Town. 8000
Private 630 X1. Plums:e30, Cape Town. 7801
OBOO 067 327 | 021 763 3200
Info
Donsfas.org .za
1.1016s.014.23
Board Member: Ernest Khosa – Chairperson | Andlle Nongogo – Chief Executive Officer | Bamanye Matwane | Julle Beya | Lindhwe
Matall | Noeba Maxwel Fuzani| prof Pumela Mswell| Reshma Mathura Richard Siyabonga Mawell Sanele zoncl Sibonelo Cyni Mad ba
I Yonke Twanl
O 118