The University of Cape Town has secured a R10 million (US$740,000) donation from FirstRand, a Southern African bank, to help it cover costs incurred by postponing exams because of this year’s fee protests.
The donation was announced on 29 November. Max Price, UCT vice-chancellor, said the funding would be used for accommodation, meals and transport for needy students affected by moving their exams to January next year.
“Many institutions of higher learning are also struggling to support students with debts who cannot graduate or progress to the next year of study because of outstanding fees. Such contributions by the private sector show that together we can make a big difference,” said Price in a statement.