An exploratory analysis of higher education student funding and graduate employability: a case study of a University of Technology in South Africa.

Abstract

With a focus on a particular KwaZulu-Natal higher education institution, this study examined the effect of student funding for higher education on graduate employability in South Africa. The purpose of the study was to determine whether more funding increased employability by establishing a connection between graduate employment rates and student funding. The study employed a quantitative research technique to examine data from 176 graduates who received funding from a range of sources, including self-funding, private sponsors, Private Bursaries, and the National Student Financial Aid Scheme (NSFAS). The findings revealed a weak positive correlation between the source of funding and employment status, suggesting that while funding aided in access to higher education, it did not significantly guarantee employment. The study highlighted the need for comprehensive support systems, including work-integrated learning (WIL) programs, to enhance employability. Additionally, it underscored the importance of addressing disparities in basic education to ensure equitable access to higher education and subsequent employment opportunities. The research concluded that while increased funding had led to higher enrolment and graduation rates, it had not proportionately reduced graduate unemployment. The study recommended improving basic education quality, aligning higher education curricula with labour market demands, and enhancing support services for students to bridge the gap between education and employment.