Table of Contents
What You Need to Know Before Applying
It’s essential for students to familiarize themselves with the application process for the Namibia Students Financial Assistance Fund. The Namibia Students Financial Assistance Fund (NSFAF) has set specific guidelines and requirements that applicants must meet to be eligible for funding.
Here are the crucial points that students need to know before embarking on the Namibia Students Financial Assistance Fund application process:
Priority Fields of Studies:
NSFAF provides financial aid to students pursuing priority fields of studies, which can be viewed on the NSFAF website. Make sure to check the list of priority fields before applying to ensure you meet the eligibility criteria.
Maximum Debt Limit:
The total combined debt to NSFAF cannot exceed N$350,000, including the new loan and previous debt.
Vetting Process:
All applicants will be subjected to vetting, including employment status and self-employment.
Availability of Funds:
Financial assistance is granted subject to the availability of funds, and students will be provisionally awarded if they meet the basic NSFAF funding requirements.
Income Threshold:
The funding parental income threshold is N$500,000 for students who are 28 years or younger and unemployed. The funding own/spousal income threshold is N$300,000 for employed students or those above 28 years of age and unemployed.
Online Application:
All applicants will be required to apply online, and the deadline for applications is 31 January 2023. Log onto the NSFAF website to launch your application.
Required Documents:
It is mandatory that all required documents are uploaded during the application period, and no additional documents will be accepted after the deadline.
The 2023 application process for financial aid is straightforward, but it’s crucial to understand the requirements and guidelines set by NSFAF. If you have any inquiries or require further assistance, the NSFAF has made available multiple contact options, including email and phone numbers. Don’t miss out on the opportunity to receive financial aid for your studies – start your application today!
