NSFAS is a public institution that funds college and university students from low-income families.
The National Student Financial Aid Scheme (NSFAS) bursary focuses on funding public institutions of higher education such as public universities and TVET colleges. NSFAS aims to give an opportunity to underprivileged students who might not otherwise afford to fund their tertiary studies.
Oxbridge Academy is a private institution which unfortunately means that its students won’t be able to receive funding from NSFAS. Students who attend Oxbridge Academy may have other bursary options to fund their studies. Whereas private colleges like Oxbridge Academy have stakeholders whose focus is on education and profit-making to keep operations running smoothly, these students may consider Fundi Educational leans or loans from South African banks. The College may offer discounts on full payment of fees as well as flexible payment options.
Public tertiary institutions are mainly government focused and therefore the government claims the responsibility to ensure smooth processes.
Public institutions receive funding from the National Student Financial Aid Scheme (NSFAS) and private colleges are independent of the government. However, this does not mean that there are no other forms of funding for students who attend private institutions.