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What will the recourse be should students receiving either FCS or PCS funding fail to complete the d
What will the recourse be should students receiving either FCS or PCS funding fail to complete the degree within the NRF stipulated time?
By accepting FCS or PCS funding from the NRF, the student agrees to complete the degree in the stipulated period i.e., within a year after NRF funding has ceased. Failure to meet this commitment, especially if it is determined that it was due to negligence, would constitute a breach of contract and students must return all the monies paid to the NRF together with interest at the prevailing prime rate charged by the NRF bankers, unless a de-registration is approved by the NRF due to exceptional and extenuating circumstances.
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