Last Updated on November 27, 2023 by Elidge Staff

The NAMFISA Bursary Scheme: Maximize Your Chance of Success

Are you a Namibian citizen pursuing higher education and in need of financial support? Look no further than the NAMFISA Bursary Scheme. This comprehensive program offers a range of benefits to help you achieve your academic goals and secure a bright future. Here’s everything you need to know to increase your chances of being awarded this prestigious bursary.

1. NAMFISA Bursary Document Checklist: Ensuring a Smooth Application Process

To kickstart your NAMFISA Bursary application, it is essential to gather all the necessary documents. The following checklist will guide you in assembling the required paperwork:

Birth Certificate / Namibian Identity Document / Namibian Passport
Grade 12 Certificate
Academic Records
Provisional Acceptance Letter for Accommodation
Provisional Acceptance Letter from the Institution of Higher Learning

Having these documents readily available will streamline the application process, allowing you to submit a complete and well-prepared application.

NAMFISA Bursary Document Checklist: Ensuring a Smooth Application Process

2. Fulfilling Obligations: Commitment and Repayment

The NAMFISA Bursary Scheme expects a strong commitment from its beneficiaries. Here are the key obligations you need to be aware of:

Repayment in the Event of Premature Termination: In the unfortunate event of prematurely terminating your studies, except for cases of serious illness, you will be required to repay all costs incurred. However, NAMFISA may consider medical reports from a certified medical practitioner in cases of illness.
Length of Service Commitment: As a beneficiary of the bursary, you are obligated to serve at NAMFISA for the same duration as the bursary granted. This commitment ensures a fair exchange for the investment made in your education.
Repayment Proportional to Service Period: Failure to fulfill your service obligations will result in a pro-rata repayment of expenses. The percentage of expenses to be repaid depends on the length of the working period completed.

3. Terms and Conditions: Meeting Requirements for NAMFISA Bursary Extension

To maintain the bursary and secure its extension, it is crucial to meet the terms and conditions specified in the agreement. Pay close attention to the following requirements:

Academic Performance and Conduct: NAMFISA expects acceptable academic performance and conduct from its bursary recipients. Regularly submitting quarterly reports and maintaining good behavior are vital to maintaining your eligibility.
Suspension and Criminal Cases: Involvement in a suspension or criminal case may result in the withdrawal of the bursary. It is essential to conduct yourself responsibly and uphold a positive reputation throughout your studies.

4. NAMFISA Bursary Comprehensive Coverage: Financial Support for Your Education

The NAMFISA Bursary Scheme provides comprehensive coverage to ease the financial burden associated with higher education. Here’s what the bursary covers:

Tuition and Books:

The bursary includes payment for tuition fees and necessary study materials, ensuring you have the resources needed to excel academically.

Accommodation and Meals:

Your accommodation expenses, including provisional acceptance for accommodation, are covered. Additionally, the bursary provides support for meals, ensuring you have access to nutritious food while focusing on your studies.

Medical Aid:

The bursary scheme recognizes the importance of your well-being. It includes coverage for medical aid, providing you with peace of mind and access to necessary healthcare services.

Traveling and Stipend:

Depending on the circumstances and requirements, the bursary may cover traveling expenses and provide a stipend to support your educational journey.

NAMFISA Bursary Comprehensive Coverage: Financial Support for Your Education

5. NAMFISA Bursary Application Process: Taking the First Step

To apply for the NAMFISA Bursary Scheme, ensure that you follow these steps:

Submit your application at the institution of higher learning for enrolment and accommodation.
Gather all the necessary documents outlined in the document checklist.
Prepare a comprehensive and accurate application form, highlighting your qualifications and aspirations.
Submit your NAMFISA Bursary application, along with all the required documents, to the HR Business Partner at NAMFISA.

Remember, the NAMFISA Bursary Scheme presents a unique opportunity to receive financial support for your education and gain valuable experience through your service commitment. Don’t miss out on this chance to build a successful future. Take the first step today and embark on an exciting academic journey with NAMFISA.