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The National Student Financial Aid Scheme (NSFAS) and its impact: Exploring the absorption into employment of NSFAS-funded graduates.

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Corporate author/s:

Education and Skills development (ESD) and National Skills Financial Aid Scheme (NSFAS).

Person/s author/s:

Angelique Wildschut, Bongiwe Mncwango, Mike Rogan, Jennifer Rust and Samuel Fongwa.


research report

NSFAS is now concerned to assess and demonstrate beyond the academic outcomes, the patterns, of labour market participation of its beneficiaries. In early 2017 NSFAS thus commissioned the Education and Skills Development (ESD) research programme of the Human Sciences Research Council (HSRC) to analyse patterns of labour market absorption amongst NSFAS-funded graduates over a ten-year period (2005 – 2015).The report starts by problematizing the terms ‘labour market absorption’ and ‘graduate’. For the purposes of this study, the absorption of NSFAS graduates refers to the percentage of NSFAS-funded higher education degree graduates in employment, whereby having filed a tax return with the South African Revenue Service (SARS) by 22 February 2017 is taken as proxy for employment.

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