Scholarships fund established in the North

25 Sep 2015 10:50am


ONGWEDIVA, 25 SEP (NAMPA) -



The newly established Namibia Students? Scholarship and Bursaries Trust (NSSBT), which aims to provide bursaries and scholarships to Namibian students, is calling on Government and the private sector to support the initiative.



Chairperson of NSSBT's Board of Trustees, Edward Gabriel, told Nampa the trust currently has no donors and therefore need assistance from other established Government and non-governmental institutions.



Gabriel also appealed to State-owned enterprises (SOEs), banking institutions, companies and individuals to financially support the trust if it is to fully execute its mandate.



Gabriel indicated that students of poor financial background, who are already admitted to tertiary educational institutions in Namibia, the Southern African Development Community (SADC) and elsewhere in the world, are the primary target beneficiaries of his trust.



Through its fundraising events, the trust wants to secure a budget worth N. dollars 32 million in order for it to meet its strategic plan for 2015-2020.



"The trust is planning to fund 15 students next year, 2016 and the board is busy consulting with the purpose to establish awarding criteria," Gabriel noted.



Gabriel said the institution will be holding a gala dinner at Ongwediva on 3 October 2015 in efforts to raise funds. He told Nampa this week that Education, Arts and Culture Minister, Katrina Hanse-Himarwa has been invited to officiate at the envisaged gala dinner.



According to Gabriel, it is his trust's plan for each of the Namibian regions to host the NSSBT fundraising gala dinner before the end of July next year.



"Our dream as a trust is to award scholarships and bursaries to many students as we can, however for this to happen, we need funds to do so," Gabriel stated.



The main activity of NSSBT involves the raising of financial resources for direct investments in students' scholarships and bursaries.



The NSSBT was established in July this year.



(NAMPA) NN/CT/LI