How NSFAS plans to tackle student gambling crisis
NSFAS is partnering with the National Gambling Board to address student gambling fueled by financial pressure and online accessibility.Summary
The National Student Financial Aid Scheme (NSFAS) is collaborating with the National Gambling Board (NGB) to combat a growing trend of students using their financial aid for gambling. Research indicates that financial pressure, aggressive digital advertising, and easy online access contribute to increased gambling among youth, impacting academic performance and financial stability. The partnership will involve nationwide outreach and education programs, both on and off-campus, to raise awareness about the risks of online and illegal gambling. They will also share information to strengthen interventions and monitor online platforms. South Africans wagered over R1.5 trillion on gambling last year, with a significant portion going to illegal online platforms. NSFAS CEO Carrim Waseem emphasized that funding is meant for education and living needs, not gambling, while NGB acting CEO Lungile Dukwana highlighted the increasing normalization of gambling through digital channels. A Memorandum of Understanding will formalize the collaboration in the coming weeks.
(Source：Hypertext)