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NSFAS considers reporting accommodation providers to Competition Commission for alleged price gouging and collusion

The National Student Financial Aid Scheme (NSFAS) is mulling over reporting student accommodation providers to the Competition Commission for possible collusion and price gouging.

This follows reports that several student accommodation providers have raised rent prices to “astronomical levels” above the R4 500 a month cap stipulated by NSFAS for the accommodation it finances.

According to a statement released by NSFAS, many students at four universities – the University of Pretoria, Wits University, Stellenbosch and UCT – were left without accommodation in the past week because they…

South Africa Education News

Tags: Pretoria | Stellenbosch | University

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