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WSU student misappropriated R818 000 in financial aid

A financial aid beneficiary at Walter Sisulu University (WSU) accidentally received an allowance of R14.1 million rand from IntelliMali, the company which facilitates student payments from the National Students Financial Aid Scheme (NSFAS) or bursary donors.

University spokesperson Yonela Tukwayo confirmed that the student had received a much higher allocation than she was meant to. Her allowance has since been deactivated.

Tukwayo told TimesLive that the university received complaints from students after she “started living a very lavish lifestyle”.

IntelliCards can only be used at specific shops where students can buy books and food. The university will be investigating how the student managed to spend so much money. Tukwayo said the university would ensure that the student is held fully liable for the amount she had spent.

In a press statement, IntelliMali said the student was meant to receive a monthly allowance of R1 400 but received an erroneous allocation of R14.1 million. IntelliMali said the university discovered the error earlier this month but the student had already “misappropriated” a total of R818 000 from the allocation.

The company said this was the first time an error like this has ever happened and has taken “full administrative and financial responsibility” for the incident. It promised no student student financial aid support would be affected by the error. IntelliMali declined to comment further.

NSFAS issued a series of tweets distancing itself from the payment error.

Twitter was abuzz when an image of a Spar till slip, purportedly showing the student’s available balance, circulated.

Some tweeps were concerned about why the error was not noticed earlier.

Others tweeted about what they would have done if they were in her shoes.

Featured image via Walter Sisulu University
2 Comments
  1. Henry Price Jr. says

    comrades how is a computer generated allowance made such error on its . I thought plus accepted all computer errors are a result of miss programming. What was programmer doing that was so important that that programmer made such costly error or was this a test of a designated student honesty? If it was a test of that student honesty she failed. Although it should not keep her from finding work she is educated to possess her actions in this condition on being made known will plus should have effect on her career. I am disappointed she acted in a most irresponsible manner in a matter which error was certain to be uncovered. Absolutely childish. We expect plus deserve better from educated Buntu women of South Africa. Her actions declared she should not be trusted to do right thing with large sums of resources. If she had managed condition correctly it would have been lasting positive influence to her career. Very much sincere, Henry Price Jr. aka Obediah Buntu IL-khan aka Kankan aka Gue.

  2. Henry Price Jr. says

    comrades I believe recent reports of legal action is to be taken against this student is shameful. I seriously wonder will same law enforcement mechanism take legal action against massive amount of corruption ongoing in virtually every department of government both national plus local government. What happen with this young lady often occur where citizens consciously or unconsciously imitate a corrupt government which takes because it is in position to take plus their is something available to be taken. If We Buntu deserve plus desire honest citizens we should start with choosing honest government. Very much sincere, Henry Price Jr. aka Obediah Buntu IL-Khan aka Kankan aka Gue.

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