CPUT and BANKSETA partnership clears R11.6 million in student debt, unlocking qualifications for 141 graduates

The Cape Peninsula University of Technology (CPUT) has partnered with BANKSETA to clear over R11.6 million in historical student debt, granting 141 graduates the opportunity to finally receive their much-deserved certificates and qualifications. For these graduates, who had completed their studies but were unable to acquire their diplomas due to unpaid fees, this ceremony marks a significant milestone in their academic and professional journeys.

Mr. Mandla Maseko, Director, Advancement and Alumni Relations at CPUT, emphasized that no graduate's future should be hindered by financial barriers. He highlighted that the inability to collect a certificate after years of hard work is not just an administrative issue, but a significant obstacle to employment, professional growth, and further study.

Maseko acknowledged that the partnership with BANKSETA exemplifies the power of collaboration between higher education and industry, aiming to eliminate barriers and ensure graduates receive the qualifications they rightfully earned.

Lolwethu Luthuli, CPUT Convocation Executive - Focus Leader for Fundraising, Partnerships, and Engagement, stressed that South Africa's high unemployment rate exacerbates the issue for many graduates who lack access to their certificates. She emphasized that each certificate handed out today represents a journey of perseverance, sacrifice, and resolve, and underscores the importance of strategic partnerships in restoring hope, unlocking opportunities, and investing in the future of the country.

This partnership is part of the #CPUTReleaseCertificate Campaign, which focuses on securing sustainable funding and strategic alliances to support graduates burdened by historical debt.