{"id":145807,"date":"2016-12-05T16:14:34","date_gmt":"2016-12-05T14:14:34","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=145807"},"modified":"2016-12-05T16:23:26","modified_gmt":"2016-12-05T14:23:26","slug":"wits-to-hike-university-fees-by-8-in-2017","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/145807\/wits-to-hike-university-fees-by-8-in-2017\/","title":{"rendered":"Wits to hike university fees by 8% in 2017"},"content":{"rendered":"<p>The Council of the University of the Witwatersrand says that the university will be increasing fees for the 2017 academic year by an average of 8% for tuition and residence fees.<\/p>\n<p>An 8% increase is also applicable for international student fees.<\/p>\n<p>The only exception is for postgraduate programmes run in the Wits School of Governance, where tuition fees will increase by 9.5%, the council said.<\/p>\n<p>These increases are in line with the recommendations made by the state in September this year.<\/p>\n<p>It comes after a prolonged period of violent protests by students seeking free education at tertiary institutions across the country.<\/p>\n<p>&#8220;The university has no choice but to increase fees if it is to remain financially sustainable as academics and professional and administrative staff need to be remunerated, books and journals need to be purchased (many in foreign currency), utilities need to be paid and infrastructure needs to be maintained.<\/p>\n<p>&#8220;In addition, the university will accommodate the costs of insourcing and the new ICT renewal project from 2017,&#8221; the council said in a statement on Monday.<\/p>\n<p>The table below reflects the various fee scenarios:<\/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=\"50%\">Increase<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"50%\">Forecast deficit for 2017<\/th>\n<\/tr>\n<tr>\n<td>8%<\/td>\n<td>R56.5 million<\/td>\n<\/tr>\n<tr>\n<td>6%<\/td>\n<td>R90 million<\/td>\n<\/tr>\n<tr>\n<td>0%<\/td>\n<td>R191 million<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<p>The council noted that the state compensation for the 0% increase for the 2016 academic year amounted to approximately R146 million.<\/p>\n<p>&#8220;However, we have been recently informed that the 2016 fee increase will now be rolled into the subsidy, the net effect of which is that our subsidy increase for 2017 will be only 2.5%. This equates to a net decline in income of approximately R54 million for 2017 from the state,&#8221; it said.<\/p>\n<p>The council further highlighted that the state has committed to funding the increase for all students with a family income of less than R600,000.<\/p>\n<p>Wits said it would seek bursaries and scholarships for as many students as is possible.<\/p>\n<p>The university administered approximately R1 billion in financial aid, scholarships or bursaries in 2016, assisting approximately 22,000 students (out of 37,000 students).<\/p>\n<p>&#8220;We will again endeavour to mobilise resources from the state, the corporate sector and our own funds to assist as many students as is possible in 2017,&#8221; it said.<\/p>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/general\/145237\/best-universities-in-south-africa-vs-emerging-economies\/\" target=\"_blank\">Best universities in South Africa vs emerging economies<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Council of the University of the Witwatersrand says that the university will be increasing fees for the 2017 academic year by an average of 8% for tuition and residence fees.<\/p>\n","protected":false},"author":10,"featured_media":61169,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[25],"class_list":["post-145807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-active"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/145807","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=145807"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/145807\/revisions"}],"predecessor-version":[{"id":145815,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/145807\/revisions\/145815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/61169"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=145807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=145807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=145807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}