Midvaal Doubles Down: Student aid tops R1.1 million mark for 2026

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The Midvaal local municipality has increased the mayoral student financial aid programme to more than R1.1 million for the 2026 academic year.

As a result of the increased budget, Midvaal will assist at least 44 learners with financial support for the 2026 academic year, up from 37 in the previous year, Mayor Peter Teixeira revealed.

“The initial R750,000 budget increased by an extra R305,000, proposed by the municipality due to growing demand for the 2025/2026 financial year.

“The mayoral student financial aid adjustment was approved during the second ordinary council meeting. Nedbank donated R50,000, boosting the programme’s budget to R1,105,000 total.

“This increase ensures that more deserving young people are given the opportunity to further their education and invest in their futures,” he explained.

Millions disbursed in financial aid

Teixeira stated that since its inception in 2024, the mayoral student financial aid fund has disbursed more than R2.6 million in funding, benefiting at least 101 students and supporting them on their academic journeys.

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He added, “Midvaal remains committed to assisting those who aspire to pursue higher education, and we will continue exploring ways to strengthen and grow the programme in response to community needs.”