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ENN1504 ASSIGNMENT 3 ( DUE IN AUGUST 2024) SEMESTER 2
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ENN1504 ASSIGNMENT 3 ( DUE IN AUGUST 2024) SEMESTER 2
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ENN1504 Portfolio 2024 Semester 2 - DUE 18 October 2024
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ENN1504 - PORTFOLIO SOLUTIONS (MAY JUNE - 2023)
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, INSTRUCTIONS4.1. Students’ tuition fees debts. Write the minutes for agenda item 4.1
only. This means that the complete format for minutes is not required.
Remember that in taking minutes, we carefully select and summarise
information, and make changes to style and grammar. Note that you should
not record what each person said in turn. You should use the linear format
of minutes (in sentences and paragraphs). Your answer should not exceed
ONE page in length.
POSSIBLE ANSWER: (4.1 unpaid tuition fees with financial difficulties)
Financial Manager Mr. Selby tabled the issue of unpaid tuition fees during a
recent meeting at Gauteng College, emphasizing the serious risk it poses
to the college's financial viability. He clarified that the reason around 60%
of students have unpaid fees is that the National Student Financial Aid
Department did not provide them with adequate financing. The lack of
funds makes it more difficult for the college to pay for necessities like power
bills, the pay of lecturers on fixed-term contracts, and supplies like
computers, books for the library, and athletic equipment. Mr. Selby
underlined that in order to guarantee the institution's sustainability, a group
solution is required.
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