The NAMDIA Foundation, the Corporate Social Responsibility (CSR) vehicle of NAMDIA has announced the selection of candidates for the 2024 academic intake of the NAMDIA Foundation Bursary Scheme.
Founded with the aim of addressing Namibia’s social and economic challenges through Education, Health and Sports, the Foundation reaffirmed its dedication to empowering the youth of Namibia.
Building upon the positive momentum of the NAMDIA Foundation Bursary Scheme’s launch in August 2022 and the announcement of its inaugural recipients in January 2023, the Foundation has now chosen a second cohort of deserving candidates, each representing one of the 14 regions across the country.
“To ensure a fair and impartial assessment, the Committee placed significant emphasis on key selection criteria. Academic performance carried the greatest weight, constituting 50% of the total score,” stated Alisa Amupolo, Chairperson of the NAMDIA Foundation and CEO of NAMDIA during her welcoming remarks.
“Furthermore, attention was given to the economic background of applicants with 20% weight assigned to individuals from previously disadvantaged or marginalized communities.
“The preferred field of study, as outlined in our policy accounted for 15% of the score, while proof of parental or guardian income supported by certified affidavits held a 10% weight.”
Additionally, preference was given to students pursuing studies in the Diamond Industry value chain, “reflecting our commitment to fostering growth and development in our sector,” Amupolo said.
She added that the selected candidates demonstrated outstanding academic achievement, leadership qualities and a commitment to making positive impacts in their lives and those around them.
The bursaries valued at a total of N$ 2,8 million annually will provide students with access to quality education and enable them to contribute to the development of the nation, whilst addressing social-economic challenges amongst the youth.
The application intake period ran from 05 October to 08 December 2023, during which the NAMDIA Foundation received a total of 343 applications from all 14 regions across the country.
The Khomas region emerged with the highest number of applications at 71, representing a share of 20.7%. Following closely were the Omusati and Oshana regions in second and third place respectively, while the Kavango West and Hardap regions had the fewest submissions.
In the photo: Bursary recipients pictured with NAMDIA staff.
