The Namibia Students Financial Assistance Fund (NSFAF) is a financial aid scheme provided by the Namibian government to support students in their higher education journey. Established to replace the Public Service bursary scheme, NSFAF was designed to cater to the needs of students pursuing various fields of study, beyond those solely intended for civil service roles. This guide provides an overview of NSFAF, eligibility requirements, application procedures, loan repayment terms, and frequently asked questions (FAQs).

---

What is NSFAF?

NSFAF is a financial assistance program for Namibian students at recognized institutions of higher learning. The fund offers loans, and in some cases grants, to cover essential educational expenses such as tuition, accommodation, textbooks, and related fees. The purpose of NSFAF is to improve access to higher education and provide equitable opportunities to students across all political regions of Namibia by using regional quotas and priority fields of study.

Eligibility Criteria for NSFAF

To be eligible for NSFAF financial assistance, applicants must meet the following criteria:

1. Namibian Citizenship: Applicants must be citizens of Namibia.
2. Academic Requirements:
   • Grade 12 qualification or equivalent for university students.
   • Grade 10 qualification for vocational training programs.
3. Financial Need:
   • Assistance is only available to students whose parental or guardian annual gross income does not exceed N$150,000, with exceptions for those supporting multiple children in tertiary education.
4. Institutional Admission: Applicants must be accepted or registered at a recognized institution in Namibia or within the SADC region (for specific fields).
5. Field of Study: Financial assistance prioritizes high-demand fields that align with Namibia’s economic and human resource development needs.

---

Priority Fields of Study

NSFAF prioritizes funding for certain fields of study to meet the nation’s needs. These fields include, but are not limited to:

• Teacher education in STEM (Science, Technology, Engineering, Mathematics) subjects
• Medical and health sciences
• Agriculture and veterinary sciences
• Engineering and architecture
• Computer science and information technology
• Economics, accounting, and business studies
• Public administration and law

These priority fields may be updated periodically by the NSFAF Board.

---

Application Process for NSFAF

1. Obtain an Application Form:
   • Forms are available each August at H/IGCSE schools, regional education offices, the NSFAF office, and higher education institutions.
2. Complete the Application Form:
   • Applicants must submit their birth certificate or ID, parental income statements, final exam results, and proof of registration or admission to a recognized institution.
3. Submit the Application:
   • Applications must be submitted by October 31 each year. Late applications may not be considered.
4. Review and Approval:
   • Applications are reviewed by NSFAF’s Selection Committee, which includes representatives from key ministries and educational organizations.
   • Approved applicants will receive a notice and are required to sign a loan/grant contract with NSFAF within 60 days.

---

Loan Payment and Continuation Requirements

NSFAF disburses funds directly to the institution or service provider. Students are required to:

• Submit semester or annual academic results.
• Maintain satisfactory academic performance; failure to do so may result in loan suspension.
• Inform NSFAF if they wish to change their field of study, subject to NSFAF approval.

---

Repayment of NSFAF Loans

Loan repayment terms are as follows:

1. When Repayment Begins:
   • Six months after the student completes their studies, provided they are employed and earning above a threshold salary.
2. Interest Rate:
   • Loans accrue interest at half the prime rate, starting from the repayment date. Non-compliance with the loan terms may result in the full commercial interest rate being applied.
3. Suspension of Repayment:
   • Repayment can be suspended if the debtor becomes unemployed, earns below the threshold, or faces severe illness.
4. Repayment Options:
   • Repayment can be made through bank deductions or salary deductions, with the option to pay back faster by increasing instalments.

---

Frequently Asked Questions (FAQs)

1. What does the NSFAF do?

NSFAF provides financial assistance to Namibian students to pursue higher education. The fund supports tuition, accommodation, and other educational costs to improve access to education and promote skill development in key fields that contribute to Namibia’s economic growth.

2. Who qualifies to get assistance from NSFAF?

Namibian citizens with financial need, who are admitted to a recognized institution and pursuing studies in prioritized fields, qualify for NSFAF assistance. The combined annual parental income must not exceed N$150,000, with possible exceptions.

3. How much is the NSFAF stipend?

The NSFAF stipend varies based on the program and level of need. It typically covers tuition, textbooks, and other educational expenses, with additional allowances for high-priority fields. Exact amounts are determined by the NSFAF Board.

4. Can NSFAF help me find a job?

NSFAF’s primary function is to provide financial assistance, not job placement. However, it supports skill development that can enhance employability. Post-graduation, loan recipients are responsible for seeking employment to start their loan repayment.

5. Can I submit my CV at NSFAF?

No, NSFAF does not accept CVs for employment purposes. The fund focuses on providing financial aid for education, not job placement.

6. How do I apply for a job at Sayouth?

SAYouth.mobi is a youth employment network in South Africa, not directly related to NSFAF. Namibian students interested in job opportunities through similar networks should explore local government initiatives or the Ministry of Education.

7. How do I register for youth support programs?

NSFAF does not manage youth programs outside of financial aid for education. For additional youth programs in Namibia, check with local government agencies or the Ministry of Sport, Youth, and National Service.

8. How do I apply for a school assistant position?

School assistant roles are typically offered through the Ministry of Education. NSFAF supports students with financial aid, but direct employment opportunities would require applications through the relevant educational institutions.

9. How to apply for free financial aid in Namibia?

NSFAF provides loans and grants based on need and merit rather than “free money.” To apply, follow the official application process and meet eligibility requirements. Beware of scams promising free money—only NSFAF provides legitimate student funding through the government.

---

Contact Information for NSFAF

For more information or specific queries, you can contact NSFAF through the following:

• Website: NSFAF Official Website
• Phone: +264 61 270 6111
• Address: NSFAF Headquarters, Windhoek, Namibia

---

Final Notes

NSFAF is an essential resource for Namibian students needing financial support to access higher education. By following the eligibility requirements, application procedures, and maintaining compliance with loan terms, students can benefit from NSFAF assistance throughout their studies. This guide ensures Namibian students and their families have a clear understanding of NSFAF policies and processes, allowing them to make informed decisions about educational financing.