{"id":139249,"date":"2016-10-06T14:59:57","date_gmt":"2016-10-06T12:59:57","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=139249"},"modified":"2016-10-06T14:59:57","modified_gmt":"2016-10-06T12:59:57","slug":"try-this-new-funding-model-for-universities-da","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/139249\/try-this-new-funding-model-for-universities-da\/","title":{"rendered":"Try this new funding model for universities: DA"},"content":{"rendered":"<p>The Democratic Alliance has proposed a new funding model for crisis-hit universities which face closure amid ongoing demonstrations from students demanding free education.<\/p>\n<p>The political party noted in a statement on Thursday that higher education in South Africa is on the brink of collapse.<\/p>\n<p>&#8220;Should our universities not re-open in the next week, it is highly probable that the academic year will be postponed,&#8221; the DA said, echoing the sentiments of several <a href=\"http:\/\/businesstech.co.za\/news\/general\/139195\/wits-may-close-for-the-rest-of-the-year-vice-chancellor\/\" target=\"_blank\">vice-chancellors<\/a>.<\/p>\n<p>&#8220;This is not just a crisis for the students who want to study, and those who do not have the funds to, or for our universities which are tasked with producing world-class research, but for our entire country and our collective future. We dare not under-estimate it,&#8221; the DA said.<\/p>\n<p>To address the higher education funding crisis, and to ensure that its\u00a0belief that no person is denied an education because they are poor, the political party proposed the following:<\/p>\n<ul>\n<li>The poorest students should be comprehensively supported;<\/li>\n<li>The \u201cmissing middle\u201d students should receive support, proportional to their financial standing;<\/li>\n<li>Better-off students should not receive government financial support for fees or other expenses;<\/li>\n<li>University subsidies should move gradually towards the level of 50% of costs to (a) support quality education, and (b) minimize the fee-increase cycle we are currently experiencing. The current government subsidy is 40%, down a full ten percentage points since 1994. More state subsidies will mean less money is needed from student fees, reducing the need for fee-increases.<\/li>\n<\/ul>\n<p>It further proposed that the following basis and financial support as follows:<\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"0%\"><\/th>\n<th bgcolor=\"#CCCCCC\" width=\"45%\">Annual household income<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"0%\"><\/th>\n<th bgcolor=\"#CCCCCC\" width=\"55%\">Award<\/th>\n<\/tr>\n<tr>\n<td><\/td>\n<td><strong>R0 \u2013 R200 000<\/strong><\/td>\n<td><\/td>\n<td bgcolor=\"#EEEEEE\"><strong>Full cost of study<\/strong><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><strong>R200 000 \u2013 R350 000<\/strong><\/td>\n<td><\/td>\n<td bgcolor=\"#EEEEEE\"><strong>66% of the full cost of study<\/strong><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><strong>R350 000 \u2013 R500 000<\/strong><\/td>\n<td><\/td>\n<td bgcolor=\"#EEEEEE\"><strong>33% of the full cost of study<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>The DA said that the effect of this approach would be to make university \u201cfree at the point of access\u201d to poor students, while still enabling universities to retain a high level of funding and quality.<\/p>\n<\/div>\n<p>&#8220;To be clear, the DA does not support Universal fee-free higher education,&#8221; the party stressed.<\/p>\n<p>&#8220;This would translate into a subsidy for the better-off and would deprive the fiscus of funds which could better be spent on supporting poor students. Universal fee-free education might, in fact, deepen inequality in South Africa and reduce the funding available to provide for the poor.&#8221;<\/p>\n<h3 class=\"my-4\">More on education<\/h3>\n<p><a href=\"http:\/\/businesstech.co.za\/news\/government\/138315\/anc-already-delivers-free-education-mantashe\/\" target=\"_blank\"><strong>ANC already delivers free education: Mantashe<\/strong><\/a><\/p>\n<p><a href=\"http:\/\/businesstech.co.za\/news\/lifestyle\/132607\/four-scenarios-for-higher-education-in-south-africa\/\" target=\"_blank\"><strong>Four scenarios for higher education in South Africa<\/strong><\/a><\/p>\n<p><a href=\"http:\/\/businesstech.co.za\/news\/government\/139149\/here-are-10-demands-from-the-feesmustfall-protesters\/\" target=\"_blank\"><strong>Here are 10 demands from the #FeesMustFall protesters<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Democratic Alliance has proposed a new funding model for crisis hit universities which face closure amid ongoing demonstrations from students demanding free education.<\/p>\n","protected":false},"author":10,"featured_media":102723,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26],"class_list":["post-139249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/139249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=139249"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/139249\/revisions"}],"predecessor-version":[{"id":139251,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/139249\/revisions\/139251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/102723"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=139249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=139249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=139249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}