SA’s only no-fee university has been closed since December, but a multimillion-rand offer to rescue the institute holds hope for poor students.

Cida students despair after crucial meeting to decide the future of the institution is postponed.

Liquidators who previously ignored an offer from the AAYMCA will now be forced to meet "creditors" to discuss this and other offers.

The private, no-fee university has been deregistered by the education authorities after falling into the red to the tune of some R30m.

The crisis at the low-cost black empowerment university Cida City Campus, which is currently under a business rescue plan, has deepened this week.

The executive dean of Cida City Campus has been stripped of his position after two weeks of student protests.