Question NW474 to the Minister of Higher Education, Science and Innovation
28 March 2024 - NW474
Chirwa, Ms NN to ask the Minister of Higher Education, Science and Innovation
(a) What is the proposed funding model of his department for the missing middle, (b) what total number of students will be catered for in the 2024 academic year and (c) how is the funding model sustainable?
Reply:
- The proposed funding model for the missing middle is a loan scheme linked to a credit guarantee.
- 31 884 students.
- The funding model allows for students to repay the loan once they are employed.