Friday, August 21, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Latest

Govt releases N$66m to NUST in first round of subsidised education funding

by reporter
January 26, 2026
in Latest
10
A A

The Ministry of Education, Innovation, Youth, Sport, Arts and Culture has allocated N$66 million to the Namibia University of Science and Technology (NUST) for the current quarter to support qualifying students under government’s subsidised tertiary education framework.

The announcement was made by Minister Sanet Steenkamp during the launch of the 2026 Namibia Students’ Financial Assistance Fund (NSFAF) online application system on 26 January 2026.

Steenkamp said other public and private tertiary institutions are also set to benefit, with allocations of up to N$25 million earmarked for eligible institutions as verification and claims processes continue.

Claims have already been submitted by several institutions, including the University of Namibia, Namcol and the Namibia Training Authority (NTA), as NSFAF processes payments across the sector.

“We have already received claims from the University of Namibia, Namcol and the NTA. NUST has received N$66 million in its account to support students, and Namcol has already received its allocation. Other institutions will receive up to N$25 million as the process continues,” Steenkamp said.

She said government is engaging with both public and private institutions to ensure that funding decisions are applied fairly and consistently.

Addressing stakeholders, Steenkamp said the objective of the subsidised education framework is to ensure that financial constraints do not prevent capable students from accessing tertiary education.

She said up to 134,000 Namibian students could benefit from the programme in its first year of implementation, subject to institutions meeting minimum quality and cost standards.

The subsidy applies only to first qualifications, including undergraduate programmes from National Qualifications Framework (NQF) levels 5 to 8, such as diplomas, degrees and honours, as well as technical and vocational education and training (TVET) trades from NQF levels 1 to 6.

Government estimates are based on current enrolment figures at public and private institutions, as well as the number of students previously supported through state funding mechanisms. However, the final number of beneficiaries will depend on institutional compliance with quality and cost requirements rather than enrolment figures alone.

Steenkamp said government would adopt a phased approach to implementation to ensure financial sustainability and to avoid an oversupply of graduates in fields already experiencing labour market saturation.

author avatar
reporter
See Full Bio
Previous Post

Emotional intelligence in the age of Artificial Intelligence (AI): Namibia’s economic future

Next Post

MICT to cut subsidies to public entities by 3% from next financial year

Must Read

Bright yellow license plates with large black numbers stacked diagonally in the frame, overlapping each other.
Latest

Govt plans new national standard for vehicle number plates

August 20, 2026
Straight highway through a desert landscape under a blue sky with a few clouds.
Latest

Roads Authority targets N$2.1bn upgrade of nine Oshana roads

August 20, 2026
Smiling woman with a black top and gold jewelry against a dark blue studio backdrop.
Latest

The bankability bridge: Turning Namibia’s economic potential into SME participation

August 18, 2026
Construction workers in high-visibility vests along a dirt road under construction beside a busy highway; muddy tire tracks, piles of soil, and distant hills.
Latest

Auas Road Phase 3 kicks off, targets major expansion over next 12 months

August 18, 2026
Construction-site fence with a Namibian Competition Commission banner in front of a modern brick building; street signs show Marien Ngouabi St and Wisserstraat.
Latest

Namibia’s merger rules out of step with regional peers despite proposed increase

August 17, 2026
Why Namibia urgently needs consumer protection laws on home auctions
Latest

Blood is no longer thicker than water

August 14, 2026
Load More

Related News

NamRA sees drop in illegal vehicle imports following moratorium

NamRA sees drop in illegal vehicle imports following moratorium

June 6, 2025
Electricity, salaries dominate Windhoek’s N$5bn budget 

Electricity, salaries dominate Windhoek’s N$5bn budget 

November 7, 2023
PETROFUND expands training drive with 2026 scholarships after 432 trained

PETROFUND expands training drive with 2026 scholarships after 432 trained

August 22, 2025

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.