ENN1504
Assignment 1
Semester 2 2024
MEETING MINUTES: GAUTENG COLLEGE FINANCE DEPARTMENT
Agenda Item 4.1: Outstanding Student Tuition Fees
The discussion began with Mr. Selby discussing the matter of outstanding tuition
payments. He emphasized the wider socio-economic difficulties that impact families,
including as elevated rates of unemployment and the consequences of the Covid-19
epidemic. Mr. Selby highlighted that around 60% of the students were not granted
financial assistance by the National Student Financial Aid Department, leading to
substantial accumulations of tuition price obligations. The institution is highly
dependent on these fees to finance crucial expenses such as remuneration for adjunct
professors, utilities payments, and resources such as computers and sports
equipment.
Assignment 1
Semester 2 2024
MEETING MINUTES: GAUTENG COLLEGE FINANCE DEPARTMENT
Agenda Item 4.1: Outstanding Student Tuition Fees
The discussion began with Mr. Selby discussing the matter of outstanding tuition
payments. He emphasized the wider socio-economic difficulties that impact families,
including as elevated rates of unemployment and the consequences of the Covid-19
epidemic. Mr. Selby highlighted that around 60% of the students were not granted
financial assistance by the National Student Financial Aid Department, leading to
substantial accumulations of tuition price obligations. The institution is highly
dependent on these fees to finance crucial expenses such as remuneration for adjunct
professors, utilities payments, and resources such as computers and sports
equipment.
