FUNDING

Umfolozi Maritime Academy launch.

NSF PLACES A PREMIUM ON PREVIOUSLY DISADVANTAGED AND ENTREPRENEURS

For South Africa to boost its job creation machinery, it is crucial for skills dissemination initiatives to be tightly targeted, reports LEVI LETSOKO

The high cost of tertiary education has posed major challenges for a country faced with an escalating unemployment rate. Since its inception in 1999 as part of the National Skills Development Strategy (NSDS), the National Skills Fund (NSF) has been acting as a counter mechanism to the cost challenge.

The fund prioritised institutional learning linked to occupationally directed programmes between 2011 and 2020, says Minister of Higher Education, Science and Innovation Dr Blade Nzimande. He further indicates that NSDS III upheld the growth of technical and vocational education and training (TVET) colleges to address the scourge of skills shortages in the country.

“The NSF has provided funding of close to R9-billion to public TVET colleges since 2013. This includes the recent R2.2-billion injection for the NSF TVET Occupational Programmes Phase III Funding Window (for the 2021 to 2024 academic years),” says Nzimande.

“In recent years, as demonstrated in the NSF Evaluation Study for the strategic period 1 April 2015 to 31 March 2020, the NSF has adequately responded to the funding of skills development programmes that target previously disadvantaged individuals, the youth, and prioritised nonmetro areas.”

The fund has formed strategic partnerships with the National Student Financial Aid Scheme (NSFAS), National Research Foundation (NRF) and the Sector Education and Training Authority (SETA) to deliver on its mandate through building the capacity of postschool education and training (PSET) facilities and facilitating access through bursaries and scholarships.

“In the early years of the transition from the Department of Labour to the Department of Higher Education and Training, the NSF invested its surpluses in building sustainable capacity in the PSET system, addressing

Dr Blade the NSFAS shortfall and Nzimande towards expanding access to generations of learners in the country. Surplus funds invested at the Public Investment Corporation for the current fi nancial year amount to R8.846-billion,” Ndzimande adds.

NSF AND THE ECONOMIC RECOVERY PROGRAMME

He points out that COVID-19 has also been a major contributing factor to the NSF’s underexpenditure, due to delays in rolling out funded education and training programmes. The fund is expected to play an important role in the Economic Reconstruction and Recovery Plan by targeting unemployed youth, women and people with disabilities who have been economically impacted by the pandemic.

The success of the NSF is dependent on its partner entities. One of the fund’s intentions is to intensify its emerging entrepreneurs project in collaboration with the Small Enterprise Development Agency.

“The NSF is earmarked to support two key interventions of the COVID-19 Economic Reconstruction and Recovery Skills Strategy. This includes the initiative to upscale the training of agricultural extension offi cers, with funding to support all 11 agricultural colleges to the value of R100-million from the NSF, while the AgriSETA has allocated R15-million,” says Nzimande.

“Secondly, towards increased access to programmes resulting in qualifi cations in priority sectors, the NSF will be committing funding for additional capacity building and all the support institutions may need,” he concludes.

LEARNERS FUNDED BY THE NSF SINCE 2015/16

Financial Year Total learners funded Race Gender

African Coloured White Other Male Female Disability

2015/16 63 903 56 461 4 361 1 537 1 544 27 471 36 432 1 048

2016/17 48 169 42 134 3 551 1 101 1 383 21 467 26 702 522

2017/18 57 238 48 425 6 784 864 1 165 23 930 33 308 275

2018/19 59 051 53 145 4 724 * 1 182 23 760 35 291 590

2019/20 48 942 44 537 980 3 425 0 27 572 21 370 21 370

Totals 339 920 296 913 25 463 7 524 10 020 152 888 187 032 2 435

*Whites included under other in 2018/19.

“THE NSF HAS ADEQUATELY RESPONDED TO THE FUNDING OF SKILLS DEVELOPMENT PROGRAMMES THAT TARGET PREVIOUSLY DISADVANTAGED INDIVIDUALS, THE YOUTH, AND PRIORITISED NONMETRO AREAS.” – DR BLADE NZIMANDE