Acquire 2019 Postgraduate Provisional Award List Conditions - NSFAF

2019 Postgraduate Provisional Award List Conditions

  • Categories News
  • Date July 26, 2019

All eligible postgraduates applicants who are previous beneficiaries of the Fund must acknowledge their debt by visiting the NSFAF Head Office or downloading applicable forms from our website www.nsfaf.na/downloads/

In order to qualify for a Final Award, the following conditions apply:-

Conditions:

  • Product offered is a loan (with interest);
  • Rate offered is a pre-determined rate;
  • All applicants are subject to vetting of employment status (including self-employed applicants);
  • Your total combined debt to NSFAF may not exceed N$350,000 (previous debt plus loan to be awarded);
  • Employed, previously funded beneficiaries to arrange to pay back their previous loan in order to be considered for funding;
  • Unemployed, previously funded beneficiaries to acknowledge their debt in order to be considered for funding;
  • New applicants (never funded by NSFAF) are required to commence loan repayments within 30 days after first disbursement (if employed);
  • New applicants (never funded by NSFAF) will be subjected to loan repayment as soon as they secure employment;
  • All loans are repayable irrespective of whether a student has graduated or not.

For further enquiries, email us on 2019postgraduateawardslist@nsfaf.na