The Namibia Students Financial Assistance Fund (NSFAF) holds a financial asset in student loans of N$10.3 billion for the financial year that ended on 31 March 2024.
However, the auditor general's latest report on the accounts of NSFAF raised concerns over poor loan recovery management.
Members of Parliament have voiced their concerns regarding unaccredited institutions, discrimination in NSFAF funding, and unnecessary nursing evaluation tests.
Various student bodies held media recently to share their concerns about the proposed NSFAF Amendment Bill.
In terms of the proposed bill, the student funding body is to be reincorporated into the Ministry of Higher Education, Technology and Innovation.
The Namibia National Students' Organization (NANSO) officially opened its General Students Council meeting under the theme: "Reigniting Radical Purpose and Student Solidarity: A Call to Action for Student Leadership."
The Minister of Higher Education, Technology, and Innovation, Dr. Itah Kandjii-Murangi, has tabled the Namibia Financial Assistance Fund (NSFAF) Amendment Bill in Parliament.
The Namibia Students Financial Assistance Fund (NSFAF) has urged former beneficiaries of the fund to make arrangements and pay off their study loans.
The Namibia Student Financial Assistance Fund (NSFAF) is asking state-owned enterprises (SOEs) to help pay off money owed to it by their employees.
This call was made by NSFAF's Company Secretary, Fillemon Immanuel, at the Chief Executive Officers and senior management engagement from 57 SOE's.
The government has extended non-tuition support to qualifying and eligible students at small institutions of higher learning, such as VTC and registered colleges.
Students at these institutions will now receive N$10,000 annually.
The National African Students Association (NASA) is calling on the Namibia Student Financial Assistance Fund (NSFAF) to prioritise the equal distribution of non-tuition fees to all approved institutions.
NASA's president, Vihemba Paulus, said this at a student consultation conference held at Rundu.
The Student Union of Namibia (SUN) has called on the Namibia Financial Assistance Fund (NSFAF) to immediately commence with the monthly payments of the non-tuition fee by the end of this month to avert a strike.
