The Namibia Student Financial Assistance Fund (NSFAF) has a projected financial need of N$2,5 billion to cater to the projected number of applications for the upcoming financial year. NSFAF chief operating officer Kennedy Kandume was speaking at the official launch of NSFAF’s 2024 online application recently. “Our projection indicates that 23 700 applicants will meet...
Tag: NSFAF
PDM MP Concerned About Proposed NSFAF Loan Repayment
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PDM MP Concerned About Proposed NSFAF Loan Repayment
The Popular Democratic Movement’s (PDM) MP Maximalliant Katjimune has voiced concerns about tying student loan forgiveness to job creation at NSFAF. Katjimune emphasised the necessity of a comprehensive approach, underscoring that not all youth aspire to be entrepreneurs and stressing the importance of equal opportunities for everyone. Katjimune was contributing to the motion on incentivizing...
NSFAF recovers less than 1% annually
The Namibia Students Financial Assistance Fund (NSFAF) has only recovered at least 1% of the debt owed by former beneficiaries annually. The fund have been spending N$7,3 million annually for student loans. This was revealed in a letter addressed to the parliamentary standing committee on public accounts, written by the fund. This letter, which details...
NSFAF kan net 1% van skuld jaarliks verhaal
NSFAF kan net 1% van skuld jaarliks verhaal Die Namibiese hulpfonds vir studente is volgens plaaslike media nie in staat om sy skuld te verhaal nie. Volgens berigte het die fonds ‘n skamele 1 persent van die totale terugbetalings jaarliks ingewin. Die fonds word tans 7,9 miljard Namibiese dollar geskuld. Daar word berig dat sedert...
Minister sê dinge is oukei by NSFAF
Minister sê dinge is oukei by NSFAF Die Studente Finansiële Bystandsfonds het weer onder loep gekom in die Nasionale Vergadering. Volgens ‘n lid van die PDM-party, Inna Hengari, kan die uitvoerende beampte van die fonds nie verantwoording doen oor al die geld wat aan die fonds toegeken is nie. Die minister van hoër onderwys, Itah...
NSFAF ontken N$15m betaling aan One Call Solutions
NSFAF ontken N$15m betaling aan One Call Solutions Die Namibiese studente hulpfonds sê in ‘n verklaring het ontken die bewerings wat gemaak is op die Facebook-bladsye van die Parlement van die Republiek van Namibië en die Informanté-koerant gepubliseer is dat hy ‘n totaal van 15 miljoen Namibiese dollar aan One Call Solutions betaal het en...
N$15 million was paid to company that Lost NSFAF records
Business Reporter THE Namibia Students Financial Assistance Fund (NSFAF) said it paid a total of N$15 million to One Call Solutions, a company that failed to deliver services to the fund for a period of four years. NSFAF became a state-owned entity in May 2013 and moved to new premises, ceasing to be a department...
NSFAF erhält in diesem Jahr 30% mehr Geld
NSFAF-Hauptsitz; © Paulus Hamutenya/Nampa Der Studentenfonds NSFAF hat deutlich mehr Geld im aktuellen Finanzjahr erhalten. Einem Bericht der New Era nach, stehen 2023 2,1 Milliarden Namibia Dollar zur Verfügung. Im vergangenen Jahr waren es lediglich knapp 1,6 Milliarden. Durch die Sonderzuwendung des Staates könnten 5000 weitere Studenten finanziell bei ihrer tertiären Ausbildung unterstützt werden. Mittlerweile...
Nekundi moves motion to write off NSFAF loans – nbc
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