FAQ FREQUENTLY ASKED QUESTIONS - Engaging together towards an educated Namibia - nsfaf.na
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FAQ FREQUENTLY ASKED QUESTIONS Engaging together towards an educated Namibia
WHO WE ARE
The Namibia Students Financial Assistance The focus of our leadership is on serving
Fund was established in 1997 aimed at our key stakeholders effectively wherever
financially assisting Namibian students to they need services. Students are our main
further their studies and careers through beneficiaries and we aim to deliver and
approved higher educational institu- efficiently executive our responsibilities in
tions. Such financial assistance is provided providing financial assistance to all eligible
through loans, grants and scholarships. Namibians.
VISION MISSION
To be a sustainable institution, We provide Financial assistance to eli-
equtably providing financial assistance gible Namibians to access Vocational
to contribute to the development of and Higher Education and Training.
Namibias human capital.
STRATEGIC OBJECTIVES
1. Provide financial assistance to
all eligible Namibians
2. Optimize Loan Book Improve
Recovery
3. Improve Process Innefficiencies
4. Ensure financial sustainability
and Good Governnance
5. Invest in Our People
NSFAF Beneficiary: Victoria
Absalom is a final year law student
in Law, and aims to pursue her
Master’s Degree next year. She
commends the NSFAF for the
financial support provided to
her during her undeergraduate
studies.
MOST FREQUENTLY ASKED
QUESTIONS ABOUT FINANCIAL
ASSISTANCE OFFERED BY NSFAF:
1. What types of financial assistance 5. How do students apply for financial
are offered by the Namibia Students assistance?
Financial Assistance Fund (NSFAF)? 31st March each year. Applications
The Fund offers the following types of submitted after the closing date will not be
Financial Assistance: considered.
A. Student loans: 6. How do students apply for financial
This financial assistance covers tuition assistance?
fees, transportation, textbooks and Through an applicable application tile on
accommodation. The loan is repayable to NSFAF website (www.nsfaf.fund).
the Fund upon completion of study and
secured employment. 7. What documents are needed when
applying for financial assistance?
B. Scholarships: Certified copies of the following are
A scholarship can be granted on full or required:
partial basis and is non-repayable. • Namibian citizenship
• Full birth certificate
For a full scholarship the Fund will cover • Namibian Identity Card (ID)
full tuition, registration fees, textbooks and • Grade 12 Statement of results
living expenses. • ID of parents/guardians
• Proof of parental income. In the
For a partial scholarship the Fund will absence of proof of income or if
cover full tuition, registration fees and unemployed, a sworn declaration must
textbooks. Living expenses should be be made before a Commissioner of
catered from a different source. Oaths by parent(s) or guardian(s)
themselves. This requirement is only
2. When do I apply for financial for financial assistance purposes and
assistance with the Fund? has nothing to do with matter of
Between December and March each year. maintenance.
• Proof of income for employed
3. Where can I obtain the application applicants.
information should I be interested in • Proof of admission or registration
applying? from Institutions of Higher Learning
NSFAF website (www.nsfaf.fund) as / VTCs.
well on distributed brochures and flyers • Offer letters or notice of provisional
available at 14 regional offices country- admission for studies at foreign or
wide. Mobile teams will visit different SADC institutions.
centres between December and March to • Mature age entry certificate. This is
assist potential applicants. only applicable to students at local
Institutions of Higher Learning.
4. When is the closing date for
submission of application forms?
31st March each year. Applications
submitted after the closing date will not be
considered.
8. What are the minimum 11. When can students expect to be
requirements to qualify for financial informed about the outcome of their
assistance at local and international applications?
institutions? Between January and August each year.
• 25 points in Grade 12 in five subjects,
with an F symbol in English in 12. What is the selection procedure
Namibia. for students applying for Vocational
• 30 points in Grade 12 in five subjects, Education and Training?
with an E symbol or better in English Students registered with a recognized VTC
for study at Regional / International are automatically funded.
institution.
• 35 points in Grade 12 in five subjects, 13. Can I qualify for financial
with an E symbol or better in English assistance if I want to continue
for study towards Engineering and with my degree immediately after
Medicine at Regional / International completing my diploma?
institution. Yes, provided that one meets the NSFAF
• Post-Grade 12 qualification evaluated requirements and the programme of
at NQF Level 5 with 20 points in study is in line with the diploma that was
Grade 12 in five subjects, with an F previously funded.
symbol in English.
• 22 points in six subjects at Grade No, if the programme of study is not in line
10 level for vocational training with the previous qualification. In such a
programme. case, students are required to apply afresh
• Mature age entry certificate and 23 for financial assistance for the new degree
of age. programme.
9. At which international institutions 14. When can I apply for the
of higher learning can I apply to postgraduate financial assistance?
obtain funding? Between December and March each year.
NQA accredited local and international
institutions of higher learning. However, 15. Can I qualify for financial
NSFAF only recognizes the following assistance if I want to continue with
institutions of higher learning in the postgraduate studies immediately
following countries: after completing my undergraduate
degree?
Russia: Peoples’ Friendship University, Yes, provided that you meet all
First Moscow State Medical University and requirements for funding and the
Saint Petersburg Engineering Academy, programme of study is in line with the
Ukraine: O.O. Bogomolets National undergraduate field that was previously
Medical University, Vinnitsa National funded.
Medical University and Kharkiv National
Medical University, 16. Which are the priority fields of
India: JSS University and Oxford Nursing study for different levels of studies?
College. Yes, provided that you meet all
China: Only for postgraduate and requirements for funding and the
research students. programme of study is in line with the
undergraduate field that was previously
10. How do I know whether I have funded.
been awarded financial assistance or
not?
Notification through SMS and email.
Please ensure that you provide valid
cellular phone number and email address.
17. Which are the priority fields of financial assistance. The list below was
study for different levels of studies? approved by the Minister of Higher
Priority Field of studies are published education for 2017 and will be updated for
annually for the purpose of granting the 2018 application.
PRIORITY FIELD OF STUDY AT
UNDERGRADUATE LEVEL
HIGH PRIORITY MEDIUM PRIORITY LOW PRIORITY
FIELDS FIELDS FIELDS
Education: Engineering: Law
Early Childhood Mechanical
Pre-Primary Electrical
Science Education: Electronic
Mathematics Civil
Physical Sciences Mining
Secondary Education Computing and Commu-
TVET Instructor nications
Agriculture/Fisheries includ- Computer Sciences and Environmental Sciences
ing Technology Sport Sciences
Crop and livestock Software design and Coaching
Marine Biology development
Food Science and Technology Hardware and Networking
Agriculture/Fisheries Tech- Data Management and
nologies Cyber-Security
Quantity Surveying Applied Sciences Innovation Management
Statistics Research Management
Mathematics
Robotics and Automation
Mechatronics
Forensics
Criminology
Architecture Land Management and Office Administration
Surveying
Forestry
Tourism and Hospitality Management Science: Public Administration/
Logistics Financial Management Management
and Accounting Personnel or Human Re-
Operational and Strategic sources Management
Management
Governance and Leader-
ship
Information Sciences: Chemical Sciences
Librarians
Archivist
Hydrology and Water Man- Health Sciences: Urban and Rural Planning
agement Medicine
Pharmacy
Dentistry
Nursing
Allied Health Sciences
Psychology
Social Work
Pilots
PRIORITY FIELD OF STUDY AT
POSTGRADUATE LEVEL
HIGH PRIORITY MEDIUM PRIORITY LOW PRIORITY
FIELDS FIELDS FIELDS
Education: Engineering: Law
Early Childhood Mechanical, Electrical, Valuation
Science Education, Mathemat- Electronic
ics, Physical Sciences Civil and Structural
Secondary Education Mining
Computing and Commu-
nications
Agriculture Computer Sciences and Environmental Sciences
Veterinary Sciences Technology Sport Sciences
Food Science and Technology Satellite Science and Coaching
Technology Physical Education
Software Design and
Development
Data Management and
Cyber-Security
Actuarial Sciences Forestry
Forensic Phycology Land Management and Office Administration
Surveying
Health Sciences Management Sciences Public Administration/
Paediatric Surgery Chartered Financial Ac- Management
Pathology counting Personnel or Human Re-
Operational and Strategic sources Management
Management
Governance and Leader-
ship
Indigenous Knowledge Chemical Sciences
Tourism and Hospitality Health Sciences Urban and Rural Planning
Pharmacy
Nursing
Allied Health Science
Forensics Psychology
Social Work
Hydrology and Water Man- Disaster Management
agement
Climate Research
PRIORITY FIELD OF STUDY AT VOCATIONAL
EDUCATION AND TRAINING
HIGH PRIORITY FIELDS LOW PRIORITY FIELDS
(VOCATIONAL TRAINING)
Diesel/Petrol Mechanics
Electrician Welding and Coded Welding
Crane, Hoist and Lift Operator General Construction (Bricklaying/
Heavy Plant Operator Plastering)
Hospitality and Culinary Arts Forklift Driving
Travel and Tourism (Hospitality) Carpentry/Joinery
Spray Painting Boiler Maker
Auto-Mechanics Painters
Mine Surveying Fitter and Turner
Logistics Engineering
IT Security Food Production
Manufacturing: Joinery and Construction Carpentry
Cabinet Making Road and Transport
Boil Maker Construction Management
Metal Fabrication Sport Management
Verti-Culture (Making wine) Environmental Education and
Agriculture Protection
Clothing Production Plumbing Technology
Art and Design Industrial Engineering
Music Computer Aided Design
Game Technology Computer Maintenance
Electrical Construction (light/ Cyber-Security
current/heave current)
Wood Technology and Wood
Production
Engineering
Three-Dimension Design
Welding Engineering
Water Engineering
18. When does NSFAF effect cannot find employment, he/she may
payments at institutions of higher postpone repayment by notifying NSFAF
learning? in writing.
On submission of proof of registration,
a certified copy of the previous year’s 25. When must I start repaying my
academic records and receipt of a valid student loan?
invoice from the institution of high What is the process of paying back a loan?
learning. • Complete contact details, indicating
postal and residential addresses
19. Will the fund pay for my studies if including actual and permanent
I have failed an academic year? residence;
No, the fund does not pay for repetition, • Details of his/her employer and
but will re-activate the funding once one employment status;
has progressed and submitted proof to that • Student’s consent to the Loan/Grant
effect. agreement for loan deductions after
the completion or cancellation of
20. Will I be able to change the studies;
course or the institution of higher • Any change in contact details,
learning after I have submitted the employment status and details of his/
proof of registration? her employer.
Yes, provided that your application for
change is approved.
21. What happens in a case where
my academic cost is higher than the
amount awarded—will the Fund cover
the difference?
No, NSFAF will only cover the amount as
per approved rates and as indicated on the
award letter. Students should find other
means to cover the shortfall.
22. If I have a loan/grant or I’m on a
NSFAF scholarship, studying abroad,
and my course requires me to do
an internship back at home, will the “After commencing my Bachelor’s
Degree, the funds financial
Fund cover my travelling expenses? assistance the burden on my
A return flight ticket may be issued, parents and contributed to my
provided that such internship is an performance as a student. I rested
integral part of the curriculum leading to easy knowing that my tuition fees
graduation. and other related expenses were
taken care of by the NSFAF!”
23. Do beneficiaries have to pay the - PETRUS SHOOPALA
money back after completing their
studies?
All loans are repayable upon completion
and gainfully employed.
24. When must I start repaying my
student loan?
Within six months of completing studies
and secure employment. If a student
FAQS - REPAYMENT
1. Do students have to pay the money 4. How often do you send Loan
back after completing their studies? statement?
Yes, if it was a loan. For the Income Statements are send via emails once each
Contingent Loan, the repayments start month.
when the individual is employed. By paying
back your NSFAF study loan, you are 5. What are the modes of repayment?
paying it so that the Fund will be able to Direct Bank Deposits
assist someone else who needs it just as Salary Deductions
much as you did. Electronic Funds Transfer
Debit Orders
2. When am I expected to repay my
student loan? BANK DETAILS:
• The time required to start repaying Account Name: NSFAF
is within six months of completing Account number: 800 484 589 4
studies. If a student cannot find Branch Code: 482 172
employment, it is possible to postpone Bank Name: Bank Windhoek
repayment; in such a case, the request
for postponement of repayment must 6. How do I pay my loan from abroad?
be made to the Board of NSFAF in If the beneficiary resides abroad, he/she
writing. can pay by Electronic Funds Transfer into
• Immediately once the beneficiary has NSFAF Recovery Account and email
secured employment and earning a proof of payments to the respective
taxable amount consultant dealing with his or her account.
• When the student has not completed
their studies and thus committed 7. What happens if I default?
breach of contract The loan is charged a compounded
interest. Therefore when one defaults they
3. What is the process of paying back suffer a compound interest charged on the
a loan? account.
The student must consult with NSFAF
and provide the Fund with the following 8. Can you clear in one instalment?
information: Yes, One can make the loan settlement at
an instalment procedure.
• Complete contact details, indicating
postal and residential addresses 9. Does NSFAF charge ledger fees?
including actual and permanent There are no ledger fees charged on all
residence; NSFAF student loans.
• Details of his/her employer and
employment status; 10. What happens when I clear my
• Student’s consent to the Loan/Grant loan?
agreement for loan deductions after You will be issued with a Redeemed Letter/
the completion or cancellation of certificate of clearance.
studies;
• Any change in contact details, 11. What happens if I overpay?
employment status and details of his/ You will be issued with a Redeemed Letter/
her employer. certificate of clearance.
• Also Refer to NSFAF Student Loans
Repayment Guide12. What happens if I overpay? 18. When am I eligible to apply for
NSFAF can waive the loan upon request suspensions of loan repayment?
from your next of kin. The request should
be in writing and substantiated with a • When the debtor’s annual earnings fall
certified copy of the death certificate. below a taxable income threshold.
• When the debtor becomes
13. What happens if I change unemployed.
employers? • When the debtor becomes
If the beneficiary was paying through incapacitated due to medical
employer’s deduction, a new arrangement conditions.
can be made with the new employer for • When the debtor dies.
the salary deduction to continue. If the • When debtor goes for further studies
beneficiary was paying through other without an income. t
methods like direct deposit, debit orders • o kee
and EFT the payment shall continue until Remember: It is your legal responsibility
the loan is redeemed. to keep in touch with NSFAF and to
inform us of any change of address and
14. Loans are not recoverable after six payment.change of address.
years. Is it applicable in your case?
Loans are recoverable as long as the debtor For more information, contact us at
did not raise a case of prescription. The Tel: +264 61 445 811/2/4/5
Prescription Act states 15 years in respect Email:
of any debt owed to the state and arising tribesmen@profileinvestments.com.na
out of an advance or loan of money from
the date the loan become payable. Any
other loan of money prescribes after 3
years.
15. How do you determine the
monthly deduction rate?
There is currently no enforcement policy
for a minimum monthly deduction.
However, we encourage the debtor to pay
an amount covering a portion of the loan
capital and interest charged per month.
For example if the interest charged on an
account is NAD 250, we will encourage
the person to pay a minimum of NAD
500 towards loan recovery.
“I would like to thank the Namibia
16. Does my employer need authority Students Financial Assistance
from me to make loan deductions? Fund (NSFAF) for paying for my
Yes, your employer can only do deductions studies and helping me to study
with the consent of the employee. towards becoming a lawyer!”
- EMILIA MULUNGA
17. My employer stopped deductions
from my pay what do I do in this
case?
Loan repayment is your responsibility.
Please keep track of your repayment until
completion.REGIONAL OFFICES
CONTACT DETAILS
OMAHEKE OTJOZONDJUPA KAVANGO WEST
Ms. Johanna Araes Ms. Rhiana Hoebes Mr. Josef Homateni Nangolo
Johanna.Araes@nsfaf.na Rhiana.Hoebes@nsfaf.na Joseph.Nangolo@nsfaf.na
Omaheke Regional Council Otjozondjupa Regional Council Rundu Teachers Resource Centre
Directorate of Education Directorate of Education Dr Romanus Kamupngu Street
Cnr President & Kameelboom Otjozondjupa P/Bag 2143, Rundu
Street P/Bag 2618, Otjiwarongo Tel: 066-255936, Fax: 066-255814
1st Office Block Tel: 067-308009, Cel: 0811495788,
P/Bag 2004, Gobabis Fax: 067-304871 ZAMBEZI
Cel: 0811665524, Fax: 062-577600 Mr. Romeo Simataa
ERONGO Romeo.simataa@nsfaf.na
HARDAP Mr. Vincent Nakuta Zambezi Regional Council
Mr. Nico A. Isaaks Vincent.Nakuta@nsfaf.na Soweto Street
Nico.Isaacks@nsfaf.na Erongo Regional Council Katima Mulilo Circuit
Hardap Regional Council Directorate of Education P. O. Box 81, Katima Mulilo
Directorate of Education Tobias Hainyeko Street Tel: 066-252448, Fax: 066-255814
Dr. Sam Nujoma Avenue P/Bag 5024, Swakopmund
Special Education Office Block Tel: 064-4105167, Cel: 0811495410, KUNENE
(Middle Office Block) Fax: 064-4105158 Ms. Linda Haipinge
P/Bag 2122, Mariental Linda.Haipinge@nsfaf.na
Tel: 063-245733, Cel: 0811664532, OMUSATI Kunene Regional Council
Fax: 0886557183 Ms. Johanna Munyandi Directorate of Education
Johanna.Munyandi@nsfaf.na P/Bag 2007, Khorixas
OSHANA Omusati Regional Council Tel: 067-305000, Cel: 0811665240,
Mr. Warde Warde Directorate of Education Fax: 067-332226
Warde.Warde@nsfaf.na P/Bag 529, Outapi
Ongwediva Teachers Resource Tel: 065-251700, Cel: 0811665907, KHOMAS
Centre Fax: 065-251722 Mr. Stanley Mbatira
Hifikepunye Pohamba Campus Stanley.Mbatira@nsfaf.na
Oshakati Main Road (B1 Road) //KARAS NSFAF
P/Bag 5550, Oshakati Ms. Denise Kamolokamwe Werner List Street
Tel: 065-230057, Cel: 0813052607, Denise.Kamolokamwe@nsfaf.na Gutenberg Platz (Ground Floor)
Fax: 065-230035 //Kharas Regional Council P.O. Box 23053, Windhoek
Directorate of Education Tel: 061-420600, Cel: 0811664681,
OSHIKOTO Wheeler Street Fax: 061-233940
Mr. Augustino Immanuel P/Bag 2160, Keetmanshoop
Immanuel.Augustino@nsfaf.na Tel: 063-227072, Cel: 0811495438,
Oshikoto Regional Council Fax: 063-227071
Directorate of Education
Simataa Street KAVANGO EAST
P/Bag 2028, Ondangwa Mr. Josef Homateni Nangolo
Cel: 0811665454, Cel: 0812262317, Joseph.Nangolo@nsfaf.na
Fax: 065-281965 Rundu Teachers Resource Centre
Dr Romanus Kamupngu Street
OHANGWENA P/Bag 2143, Rundu
Mr. Erkki Mengela Tel: 066-255936, Fax: 066-255814
Erkki.Mengela@nsfaf.na
Ohangwena Regional Council
Directorate of Education
P/Bag 88005, Eenhana
Cel: 0811252372, Fax: 065-29054“I used my stipend provided by the NSFAF to study short courses and improve my employability!” - SIMON IYAMBO
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