NSFAF to fund 19% of applicants

22 May 2019 | Education

The Namibia Students Financial Assistance Fund (NSFAF) will only grant financial assistance to 19% of its new, eligible applicants during this academic year, due to a shortfall in its 2019/20 budget.

In a media release the fund said it had received 24 739 applications for undergraduate financial assistance for the 2019 academic year, of which 15 087 applicants successfully met the minimum requirements and were eligible for funding.

The fund will however only award financial assistance to 2 925 successful new applicants during this academic year due to a shortfall of N$641 million in its budget for the financial year 2019/20, it said.

“Only 2 925 new applicants can be awarded at this stage due to a shortfall of N$641 million,” the statement said.

The fund will also honour payments for continuing students to the amount of N$1.076 billion.

NSFAF's budget allocation for the current financial year decreased by over N$300 million from the 2018/19 financial year to N$1.138 billion.

The criteria that will be used to determine the successful 2 925 applicants will include the combined parental or own income, the academic performance of the applicant, priority fields of study and regional balance, the statement read.

It further said that the higher education ministry, under which NSFAF operates, is currently in consultation with Treasury in an effort to secure additional funds to enable the fund to award funding to the remaining 81% of the successful, new applicants.

Similar News

 

Nust spat rages on

5 days ago - 12 June 2019 | Education

Nust council chairperson Esi Schimming-Chase has hit back at higher education minister Itah Kandjii-Murangi, accusing her of interfering in the constitutional rights of council members...

Taku gongelwa oshimaliwa shokutunga omuhandjo gwoskola mOmungwelume

5 days ago - 12 June 2019 | Education

Ngoloneya gwoshitopolwa shaHangwena Usko Nghaamwa okwa gandja oodhopi dhi li po 58 000, dhoka dha gandjwa omagano dha nuninwa okutameka okutungitha omuhandjo gwaanaskola...

Brains, sweat and sashes

6 days ago - 11 June 2019 | Education

Mariselle Stofberg On 4 June the much-antici­pated Chamber of Choirs ­competition and second Standard Bank Miss High School pageant took place at Maerua Mall in...

Hostel to stop cohabiting

6 days ago - 11 June 2019 | Education

Ohangwena governor Usko Nghaamwa has delivered over 58 000 bricks for the construction of school hostel at Omungwelume Senior Secondary School.This follows a Namibian Sun...

Career Expo 2019 inspires

6 days ago - 11 June 2019 | Education

Justicia Shipena and Elizabeth Joseph Under the theme #LetUpAndGo, the Hashtag Career Expo took place at the Windhoek Showgrounds until 7 June. The expo...

Finding travel destinations easily

6 days ago - 11 June 2019 | Education

Justicia Shipena On 6 June, Community Conservation and Tourism launched a website at the Namibia Tourism Expo (NTE) and Motor Show at the Windhoek...

Pitch-perfect choirs

6 days ago - 11 June 2019 | Education

Michelline Nawatises Choirs battled it out on 4 June at Maerua Mall in Windhoek, as Namibia Media Holdings (NMH) hosted the Chamber of Choirs...

Practical edutainment

6 days ago - 11 June 2019 | Education

Caption 1- Eldorado Secondary School at the Hashtag festival.PHOTOS MY ZONECaption 2- Swakopmund Secondary School choir scooped third place at Hashtag Festival Chamber of Choirs...

Taku gongelwa oshimaliwa shokutunga omuhandjo gwoskola mOmungwelume

6 days ago - 11 June 2019 | Education

Ngoloneya gwoshitopolwa shaHangwena Usko Nghaamwa okwa gandja oodhopi dhi li po 58 000, dhoka dha gandjwa omagano dha nuninwa okutameka okutungitha omuhandjo...

Work hard, play hard!

6 days ago - 11 June 2019 | Education

Ester Kamati This year’s Hashtag Festival Community Games took place in line with sport minister Erastus Uutoni’s sentiments that sport is important in an educational...

Latest News

Amutjaa too strong for Weyulu...

3 hours ago | Sports

Tielman van LillAC Boxing Academy, in association with Kinda Promotions and 12 Round Boxing Academy, hosted a professional boxing development tournament on Saturday at the...

Buried alive

3 hours ago | Crime

Two Ohangwena men - 29-year-old Kashima Junias Hauwanga and 36-year-old Jacob Hangula - died after the well they were digging collapsed, burying them alive.The Ohangwena...

Pastor accused of raping daughter...

3 hours ago | Justice

Following a marathon court session, a 55-year-old Okahandja pastor who is accused of raping his own daughter over a period of 13 years, has been...

Where will the buck stop?

3 hours ago | Columns

Amid the outpouring of anger and grief linked to the senseless killing of taxi driver Talent Fambaune last week during Operation Kalahari Desert lies a...

NPC bemoans lack of funds

3 hours ago | Sports

NAMPA Namibians should not be shocked if they no longer see para-athletes winning medals, the elite athletes are reaching their prime and there is little...

Poised to surprise

3 hours ago | Sports

The past few months have been hectic but rewarding period for Namibian football. The news that Namibia qualified for the flagship Afcon tournament...

Critics gun for Geingob

3 hours ago | Crime

Political detractors and critics of President Hage Geingob have called on him to explain - as the army's commander-in-chief (CIC) and the current SADC chair...

PM cracks the whip on...

3 hours ago | Business

Prime Minister Saara Kuugongelwa-Amadhila says the state ownership of public enterprises should not be a justification for their perpetual dependency on national treasury. She said...

Titans announce winter tour of...

3 hours ago | Sports

The Multiply Titans will embark on a maiden tour of Namibia later this month for a two-match exhibition T20 tournament, presented by Windhoek Beer in...

Load More