I repeat: by investing in the post-schooling system in general and in both the FET colleges and Setas in particular. Our Vision 2030 is crystal clear and has acknowledged some of our shortfalls as a country. Approximately three million young people between the ages of 18 and 24 are not accommodated in either the education and training system or the labour market. By 2030, we aim to raise university entrants to 1,5 million, a projected participation rate of 23%, as opposed to the 2011 enrolment of 899 120, a 16% participation rate in colleges or other post- schooling institutions.
In 1995 only 40 000 students were funded by the Tertiary Education Fund for SA, the Tefsa, with a budget of R154 million. Today our democratic government has increased the funding by the National Student Financial Aid Scheme to R9,7 billion for 430 000 students in 25 public universities. [Time expired.] [Applause.]