Social Security Commission's Development Fund calls for applications

November 25, 2015, 7:12am

Social Security Commission

The Social Security Commission’s development fund once again calls on applications from Namibians enrolled at any technical or academic institutions of higher education in SADC and from disadvantaged socio-economic backgrounds to apply for a bursary or study loan from the SSC’s development fund.

Olga Katjiuongua, Manager of Development Fund at the Social Security Commission adds that since its launch in 2011 the fund had awarded 182 full bursaries and 44 more were made available in 2014. “The Development fund spends around N$ 2,8 million annually on awarding new bursaries and its first cohort of graduates completed their studies in 2012,” adds Katjiuongua.

Katjiuongua goes on to say that more than half of the graduates have entered the Namibian workforce. “This to us in very exciting as our main aim is for youngsters to become employed, thereby adding value to Namibia as a whole.”

She adds that 50 study loans were also allocated since 2012 and another 24 in 2014. “We spend approximately N$1, 5 million every year on such loans, while training is also high on our agenda with another N$ 10 million being spend on training initiatives for around 1500 unemployed Namibians.” 

Katjiuongua advised that the development fund’s bursary scheme was looking for students who are pursuing full-time studies towards a first Diploma or a first Degree at a recognized institution of higher education in the SADC region. The proof of admission/application must be submitted.

“You are eligible to apply if you are a Namibian from any region and any ethnic group with a Grade 12 or equivalent qualification and have an aggregate of 70% in the August 2015 exams or at least 27 points in the Grade 12 final exams. Tertiary students must have an aggregate of at least 65%. This applies to all groups other than the marginalized who are however expected to meet admission requirements of the institutions of higher learning,” she explained.

Only children of parent(s) whose combined income does not exceed N$150,000 per annum may be considered. Other socio-economic considerations may also be looked at such as students with disabilities, orphans, children whose parents are unemployed or children of pensioners.

Katjiuongua explains that the bursary scheme covered a number of fields including Social Work; Agriculture (only courses that focus on value addition e.g. food processing); Medical related fields (NB: applicants who want to study towards allied health professions are highly encouraged to apply.

These were studies leading to qualifications such as occupational therapists, prosthetics, speech therapists, physiotherapist, audiologists, orthopedic technologists/technicians and medical rehabilitation workers) as well as the Engineering and Artisan related fields.