NSFAF holds N$20.3 million in unallocated student repayments
Former students repaid N$21.5 million to NSFAF in the 2024/25 financial year, but N$20.3 million remained in a clearing account as at 31 March 2025 instead of being credited to individual loan accounts, due to a moratorium on system migration. The auditor general warns this affects interest calculations and loan balances, and notes that NSFAF could not provide supporting documentation for verification.
14 October 2026 · The Namibian →