NSFAF acting CEO, Kennedy Kandume attended the launch yesterday. PHOTO CONTRIBUTED
NSFAF acting CEO, Kennedy Kandume attended the launch yesterday. PHOTO CONTRIBUTED

NSFAF launches 2024 applications

Junior Kapofi
The Namibia Student Financial Assistance Fund (NSFAF) officially launched its online application platform at the NSFAF headquarters in Windhoek yesterday.

The application process is now open and will continue until 29 February, providing students with a three-month window to submit their applications.



Investing in education

At the launch, higher education minister Dr Itah Kandjii-Murangi underscored the critical nature of selecting institutions with accredited courses when seeking financial assistance. She shed light on NSFAF's substantial commitment, revealing an impressive investment of N$7.4 billion over the past five years in funding students. Kandjii-Murangi urged prospective beneficiaries to meticulously follow the prescribed application procedures and emphasised the importance of signing contracts to minimise errors in the process.

Acknowledging the commendable implementation of monthly payouts to awardees, Kandjii-Murangi highlighted the tangible impact on students' lives, enabling them to meet their essential monthly needs. Furthermore, she shared encouraging news about a significant 30% surge in the number of applicants meeting funding requirements, soaring from 17 232 in 2022 to an impressive 22 178 in 2023.



Support

Stephan Tjiuoro, a member of the NSFAF board of directors, addressed an ongoing concern regarding non-tuition fees for students enrolled in private institutions not currently benefitting from the existing structure.

Tjiuoro announced that a dedicated board meeting is scheduled for the coming week to delve into this matter, with the anticipation of reaching a final decision that addresses the needs of students in private institutions.

NSFAF remains committed to refining and expanding its support mechanisms, ensuring equitable access to financial assistance for students pursuing higher education.

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Katima Mulilo: 19° | 27° Rundu: 19° | 30° Eenhana: 20° | 35° Oshakati: 23° | 34° Ruacana: 21° | 35° Tsumeb: 19° | 28° Otjiwarongo: 19° | 30° Omaruru: 22° | 36° Windhoek: 22° | 31° Gobabis: 20° | 32° Henties Bay: 16° | 21° Swakopmund: 16° | 18° Walvis Bay: 16° | 21° Rehoboth: 22° | 34° Mariental: 25° | 36° Keetmanshoop: 23° | 39° Aranos: 24° | 36° Lüderitz: 16° | 28° Ariamsvlei: 22° | 39° Oranjemund: 15° | 25° Luanda: 25° | 27° Gaborone: 22° | 31° Lubumbashi: 17° | 19° Mbabane: 16° | 25° Maseru: 17° | 32° Antananarivo: 17° | 25° Lilongwe: 17° | 26° Maputo: 22° | 32° Windhoek: 22° | 31° Cape Town: 17° | 29° Durban: 21° | 25° Johannesburg: 17° | 29° Dar es Salaam: 27° | 32° Lusaka: 17° | 21° Harare: 17° | 21° Currency: GBP to NAD 22.92 | EUR to NAD 19.09 | CNY to NAD 2.5 | USD to NAD 18.09 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3 | RUB to NAD 0.17 | INR to NAD 0.21 | USD to DZD 132.89 | USD to AOA 910.98 | USD to BWP 13.67 | USD to EGP 49.54 | USD to KES 129.61 | USD to NGN 1678.72 | USD to ZAR 18.09 | USD to ZMW 26.95 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 84700.44 Up +1.25% | Namibian Stock Exchange (NSX) Overall Index 1834.96 Up +2.25% | Casablanca Stock Exchange (CSE) MASI 16021.76 Down -0.37% | Egyptian Exchange (EGX) 30 Index 29728.61 Up +0.42% | Botswana Stock Exchange (BSE) DCI 10061.77 Up +0.02% | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 707.89/OZ UP +0.42% | Copper US$ 4.28/lb DOWN -0.0119 | Zinc US$ 2 982.00/T UP 0.82% | Brent Crude Oil US$ 79.98/BBP DOWN -0.0153 | Platinum US$ 947.74/OZ DOWN -0.0015 Sport results: Weather: Katima Mulilo: 19° | 27° Rundu: 19° | 30° Eenhana: 20° | 35° Oshakati: 23° | 34° Ruacana: 21° | 35° Tsumeb: 19° | 28° Otjiwarongo: 19° | 30° Omaruru: 22° | 36° Windhoek: 22° | 31° Gobabis: 20° | 32° Henties Bay: 16° | 21° Swakopmund: 16° | 18° Walvis Bay: 16° | 21° Rehoboth: 22° | 34° Mariental: 25° | 36° Keetmanshoop: 23° | 39° Aranos: 24° | 36° Lüderitz: 16° | 28° Ariamsvlei: 22° | 39° Oranjemund: 15° | 25° Luanda: 25° | 27° Gaborone: 22° | 31° Lubumbashi: 17° | 19° Mbabane: 16° | 25° Maseru: 17° | 32° Antananarivo: 17° | 25° Lilongwe: 17° | 26° Maputo: 22° | 32° Windhoek: 22° | 31° Cape Town: 17° | 29° Durban: 21° | 25° Johannesburg: 17° | 29° Dar es Salaam: 27° | 32° Lusaka: 17° | 21° Harare: 17° | 21° Economic Indicators: Currency: GBP to NAD 22.92 | EUR to NAD 19.09 | CNY to NAD 2.5 | USD to NAD 18.09 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3 | RUB to NAD 0.17 | INR to NAD 0.21 | USD to DZD 132.89 | USD to AOA 910.98 | USD to BWP 13.67 | USD to EGP 49.54 | USD to KES 129.61 | USD to NGN 1678.72 | USD to ZAR 18.09 | USD to ZMW 26.95 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 84700.44 Up +1.25% | Namibian Stock Exchange (NSX) Overall Index 1834.96 Up +2.25% | Casablanca Stock Exchange (CSE) MASI 16021.76 Down -0.37% | Egyptian Exchange (EGX) 30 Index 29728.61 Up +0.42% | Botswana Stock Exchange (BSE) DCI 10061.77 Up +0.02% | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 707.89/OZ UP +0.42% | Copper US$ 4.28/lb DOWN -0.0119 | Zinc US$ 2 982.00/T UP 0.82% | Brent Crude Oil US$ 79.98/BBP DOWN -0.0153 | Platinum US$ 947.74/OZ DOWN -0.0015