Why does Unam get more money than Nust?...Schlettwein opens up
April 9, 2018, 4:11pm
Finance minister Calle Schlettwein has clarified on concerns why the country’s two prestigious universities, University of Namibia (Unam) and Namibia University of Science and technology (Nust) are allotted different budgetary allocations saying that there are many factors that he considers.
Some officials from the Nust appeared irked at a budget overview meeting held last week and wanted to know why Nust was getting a smaller financial allocation compared to Unam.
The minister gave N$3.2 billion to the higher education, training and innovation ministry and about N$9.8 billion over the Medium Term Expenditure Framework for 2018/19. .
This means among others an allocation of N$960 million for Unam, N$600 million for Nust and N$1.45 billion for the Namibia Student Financial Assistance Fund (NSFAF).
Said the minister, “The perception that the two institutions are actually the same as far as importance and coverage and therefore must get the same allocation may not hold.”
He stated that Unam has more students than Nust which justifies the difference in their budgetary allocations.