Nzimande allocates R500m for student housing

The funds for student housing were part of the allocations approved by Nzimande for the Infrastructure and Efficiency Output Grant for the 2015/2016 financial year.

Minister of Higher Education and Training Blade Nzimande announced on Monday that he has allocated more than R500 million for student housing at 24 state owned universities in South Africa.

Department spokesperson Kwaye Nkwanyana said the funds for student housing were part of the allocations approved by Nzimande for the Infrastructure and Efficiency Output Grant for the 2015/2016 financial year.

The allocations include R700 million for backlog maintenance, refurbishment/remodeling, capacity upgrades (bulk services), R763,410 million for priority/committed projects, which require urgent funding and R517,790 million for student housing.

β€œThe minister has written letters to the vice chancellors of these universities indicating the amounts allocated and the conditions for the use of the grants,” said Nkwanyana.

– African News Agency



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