Thanks to the strategic collaboration between the Cape Peninsula University of Technology (CPUT) and BANKSETA, a historical student debt exceeding 11.6 million rands has been settled. This enabled 141 graduates to receive their diplomas, which were previously withheld due to outstanding old debts.
Although these students participated in graduation ceremonies and received degrees, they only returned home with confirmation letters, lacking access to physical diplomas. This situation changed on Friday when all 141 graduates received their certificates for the first time, restoring their access to career opportunities, professional registration, and further education.
Obtaining qualifications is not merely a formality; it is a gateway to employment, career advancement, and life opportunities. By removing the financial barrier, CPUT and BANKSETA ensure that academic achievements translate into real outcomes.
CPUT Management Statement
Mandela Maseko, Director of Development and Alumni Relations at CPUT, emphasized that the university holds the belief that no graduate's future should be limited by historical financial obstacles. He noted that for many graduates, the inability to obtain a certificate after years of hard work represents not just an administrative problem but also a serious impediment to employment, professional growth, and continued study.
Maseko added that this initiative is crucial for the Development Department as it reflects their commitment to restoring dignity, opening opportunities, and changing lives through education. He also mentioned that the partnership with BANKSETA demonstrates the potential of uniting higher education and industry toward a common goal. He pointed out that over 7000 students graduate from CPUT annually, and thousands remain without diplomas due to unpaid historical fees.
Significance of the Partnership for the Country's Future
Lolwethu Lutuli, Head of CPUT's Executive Committee for Graduation Events, focusing on fundraising, partnerships, and engagement, stated that South Africa faces high unemployment, and the lack of certification for many graduates creates an additional barrier. She stressed that education acts as an equalizer. Lutuli noted that every person who receives a certificate today serves as a reminder of the critical importance of strategic alliances, and every qualification obtained reflects a journey marked by perseverance, sacrifice, and determination.
According to her, through such partnerships, they are not just handing out documents; they are restoring hope, opening opportunities, and investing in the country's future. This ceremony, part of the #CPUTReleaseCertificate campaign, reflects a broader commitment to ensuring sustainable funding and strategic partnerships for graduates burdened by historical debt.



