Students Financial Assistance & Debt Recovery Policy Procedures

  • December 18, 2024
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Students Financial Assistance & Debt Recovery Policy Procedures

  1.  PURPOSE
    The purpose of this document is to provide rules and guidelines for the administration of the Students Financial Assistance and Debt Recovery Policy. This document must be read in conjunction with the Student Financial Assistance and Debt Recovery Policy.
  2. SCOPE
    The procedures cover all matters related to the provision of financial assistance to eligible students and to the administration of repayment process for loans awarded to NSFAF beneficiaries.

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Awarded Students Since 2010 to 2023

Academic Year Vocational Education Undergraduates Postgraduates Scholarships and Special Initiative Total Funded
2023 5,401 14,498 223 12 20,134
2022 4,593 12,320 190 6 17,109
2021 3,721 10,576 307 14,604
2020 3,252 10,733 192 2 14,179
2019 2,823 9,985 311 20 13,139
2018 3,830 6,834 427 124 11,215
2017 3,248 10,888 1,181 15,317
2016 5,030 8,222 712 136 14,100
2015 4,952 6,339 218 86 11,595
2014 4,783 5,544 159 10,486
2013 1,485 8,953 222 10,660
2012 950 6,692 58 7,700
2011 690 5,264 23 5,977
2010 877 5,487 20 6,384
Total 45,635 122,335 4,243 386 172,599