Posted on 24 August, 2012 by Johann van Wyk
South Africa’s 50 further education and training colleges (FET) recently received their share of the R2.5 billion which have been earmarked for the expansion of the FET sector to help in skills development in the key growth sectors of the South African economy. A further R1.5 billion will be made available for infrastructure improvement of the colleges.
To read more go to Megan Wait’s article in Creamer Media’s Engineering News by Clicking Here!
Filed under: Department of Higher Education and Training, Edu News (South Africa), Higher Education, Minister of Higher Education and Training, South Africa | Tagged: expansion, FET, FET Colleges Expansion and Capacity Development Programme, Finances, Funding, Further Education and Training Colleges, Government, infrastructure improvement, skills development, South Africa | 1 Comment »
Posted on 28 April, 2009 by Johann van Wyk
A big increase in state funding is helping South African higher education institutions weather the global financial and economic storm.
Last month, Education Minister Naledi Pandor announced that tertiary funding had been increased to R19.3 billion (US$2.2 billion) for the 2009-10 year – a 27% rise on the previous year. “Government funding of the public higher education system has risen sharply in recent years, and is expected to continue to increase at rates above inflation,” Pandor said.
Included is R13.3 billion in subsidy funds which account for 43% of university income on average. It is the other two income streams that most worry universities: 29% that comes from tuition fees and 28% from ‘third stream’ income.
To read the full article by Karen MacGregor on University of World News Click Here!
Filed under: Edu News (South Africa), Higher Education, Minister of Education South Africa, SA Gov Dept of Education | Tagged: Finances, Funding, Global Economic Crisis, Government, Higher Education, income streams, Karen MacGregor, Naledi Pandor, South Africa, Tertiary Sector, universities, University World News | Comments Off on South African universities stable in global financial crisis