Education ministry award loans to top performers
The Ministry of Education has been directed by Cabinet to review and revamp the Namibia Student Financial Assistance Fund (NSFAF), following a national conference on education which was held last year. One of the directives was that the ministry must award 10% of the NSFAF loans/scholarships budget to students on merit basis.
As part of this directive, the ministry will award scholarships to the top two best performing students in every region, both for the National Secondary School Certificate (NSSC) Ordinary and Higher Level examinations as from this year. The best performers will be identified by the Directorate of National Examinations and Assessment.
All the top two Grade 12 performers in all 13 regions are therefore requested to contact the Ministry of Education.
The NSFAF only offers student loans for Undergraduate Studies (i.e.Diploma and Degrees) and Scholarship for Postgraduate Studies (i.e.Masters and Doctorate Degrees).The student loans are
awarded to students who are orphans, those who are studying fields of high priority and those whose parents cannot afford to pay for their studies.
The loans are awarded to students whose parents’ combined income is N$150 000 and less, before deductions. Since its inception, the NSFAF has assisted over 22 000 students to the tune of close to N$400 million.
The Ministry also urged all first-time NSFAF loan applicants to collect their Acknowledgement Letters as from 26 January 2012 at the Ministry’s head office situated in Government Office Park, Windhoek.