INS3707
Assignment 1 Semester 2 2024
Unique Number:
Due Date: 2024
MINUTES OF MEETING: GAUTENG COLLEGE FINANCE DEPARTMENT (3 DIFFERENT
ANSWERS PROVIDED)
Agenda Item 4.1: Students’ Tuition Fees Debts
The meeting commenced with Mr. Selby addressing the issue of unpaid tuition fees. He
highlighted the broader socio-economic challenges affecting families, including high
unemployment rates and the aftermath of the Covid-19 pandemic. Mr. Selby pointed out that
about 60% of the students did not receive funding from the National Student Financial Aid
Department, resulting in significant tuition fee debts. The college relies heavily on these fees to
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