Motsepe Foundation donates R30m to help struggling university students

Motsepe Foundation

Cape Town — The Motsepe Foundation donated a R30 million cash-injection to 26 University Student Representative Councils (SRCs) aimed to help students struggling with their fees and student debts.

The donation will assist in paying off registration fees, tuition and historical debt. A lack of access to funding has often led to hundreds of tertiary students being locked out of the gates at some of the country’s higher learning institutions. The Motsepe foundation hopes the donation will encourage more financial support for students from the private sector, EWN reported.

Motsepe Foundation co-founder and CEO, Dr Precious Moloi-Motsepe, announced in a Motspepe Foudnation Statement the donation to the 26 universities, IOL reported.

“We must not merely reflect on these insights but pledge ourselves to actions that will dismantle barriers, inspire hope, and pave pathways of opportunity. The R30 million donation by the Motsepe Foundation hopes to encourage support from other private and non-profit stakeholders, who stand to benefit from an educated and skilled youth population,” Moloi-Motsepe said.

In November last year, the University of Kwa-Zulu Natal (UKZN) received R20 million in support from the Moses Kotane Institute (MKI), which helps ease the roblems of skills gaps and the student debt burden within KZN. Mangosuthu University of Technology, Durban University of Technology, and the University of Zululand, will also benefit.

The debt relief assistance is a beacon of hope, particularly for students from historically disadvantaged backgrounds, helping alleviate financial constraints and open doors to brighter futures.

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Compiled by Matthew Petersen

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