Last Updated on November 27, 2023 by Elidge Staff
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NSFAF Loan Reactivation Guidelines for Students
Have you heard about NSFAF Loan reactivation? The Namibia Students Financial Assistance Fund (NSFAF) provides financial aid to eligible students pursuing higher education. If you have repeated an academic year at your own cost or have been inactive for less than two years, you can reactivate your NSFAF loan. This blog post will guide you through the requirements and process of loan reactivation.
Requirements:
To reactivate your NSFAF loan, you need to provide the following documents:
- Latest official proof of registration (not mandatory but may be required)
- Full academic transcripts/record (all module records from 1st year to date)
- Full financial statement from your institution (indicating all payment transactions from 1st year to date)
How to reactivate your loan:
To reactivate your NSFAF loan, follow the below process:
- Visit the NSFAF website and log in to your account
- Click on “Loan Reactivation” under the “Tasks” section
- Upload the required documents mentioned above
- Submit your application
- NSFAF will review your application and notify you of the outcome via email
It is highly recommended that students reactivate their loans within the first semester to avoid any delays in the disbursement of funds.
Reactivating your NSFAF loan can help you continue your higher education without financial stress. By following the above requirements and reactivation process, you can easily reactivate your NSFAF loan and receive financial assistance.
Frequently Asked Questions
What is loan reactivation?
it is a process for students who repeated an academic year at their own cost and want the Namibia Students Financial Assistance Fund (NSFAF) to continue with funding after they have passed, or for students who were inactive for less than two (2) years.
What are the requirements for loan reactivation?
The requirements include providing the latest official proof of registration, full academic transcripts/record of all module records from the 1st year to date, and a full financial statement from the institution indicating all payment transactions from the 1st year to date. It is important to note that these requirements may vary.
Is the latest official proof of registration mandatory for loan reactivation?
It is not mandatory but may be required.
What is the deadline for loan reactivation?
Students are always urged to reactivate their loans within the first semester.
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If you have more questions, look through our blog for answers!