The Namibia Students Financial Assistance Fund, NSFAS has been providing financial assistance to students in form of loans or grants. For those who received/receives funding from NSFAF, this article explains the process involved in repaying.

Below are the guidelines on How to Repay your NSFAF Loans.

Step 1: Consulting NSFAF

The first step in the loan repayment process is to consult the National Students Financial Aid Fund with the following documents:

1. Complete contact details of your postal and residential addresses, actual and permanent residence.
2. Your employer status details
3. Loan/Grant deductions agreement consent form after the completion or cancellation of studies
4. changes to employer status details

Step 2: Payments

The next steps is to send your payments to the following bank details:

BANK DETAILS:
Account Name: NSFAF, Bank Name: Bank Windhoek
Account number: 800 484 589 4
Branch Code: 482 172,
Branch Name: Kudu Branch

Your payments can be sent through Direct Bank Deposits (Cash/Cheque Deposit), Salary Deductions, Debit Orders or Electronic Funds Transfer (EFT). The last payment method can be very useful to students abroad.

Step 3: Provide Proof of Payment

On completing your payment through any of the aforementioned methods, you are to send a proof of payment to the NSFAF Recovery Division or e-mail at: recovery@nsfaf.na and you will be issued with your updated debtor’s account statement.

Conclusion

Are you abroad having difficulties with sending your repayment or are you having any other issue? We are willing to take you through the journey.