The University of Cape Town has announced that it will increase fees by 8% and accommodation by 10% for 2017.
Students that come from households that earn less than R600 000 will be exempt, the university said.
Ashley Francis, Director of Finance at UCT, says this was a joint decision from all the stakeholders including the SRC.
He says the 0% fees increase in 2015/2016 has put enormous pressure on all universities and the 8% increase won't really solve all their financial problems.
It is important that we navigate ourselves very carefully from our financial perspective in the short term but more importantly in the long term.— Ashley Francis, Director of Finance at UCT
To hear more on UCT's fees increases, listen below: