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Following the submission of feasibility studies completed for each of the universities in November 2012, National Treasury has confirmed an allocation of more than R2 billion over the 2013/14 – 2015/16 Medium Term Expenditure Framework (MTEF) for the development of the new universities.
This funding is critically important for the start-up of the new universities as income from teaching input and output block grants is linked to the growth in student enrolments and the production of graduates.
The DHET is working closely with partner universities in the higher education system to support the development of start-up and long-term capacity in the university.
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At an operational level, coordination between the two parties takes place through a Technical Integration Committee (TIC), which meets every two weeks and monitors and approves contract plans, budgets and adjustments.
Governance oversight is provided by a Project Steering Committee, which includes senior officials from the DHET, Wits, UJ and Pretoria Universities as well as representatives from the The Department of Higher Education and Training (DHET) has appointed Wits University to establish the New Universities Project Management Team to assist with the planning and mobilisation of the two new universities in Mpumalanga and Northern Cape.
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Successful applicants is eligible for financial aid in the form of Funza Lushaka bursaries (for teacher education studies), NSFAS loans for financially and academically deserving students in any area of study, as well as from bursary programmes that will be directly administered by the University.
Applicants who wish to be considered for financial aid must indicate this by completing the appropriate sections on the application form and on the NSFAS website.
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