Bank of Namibia Bursary (for Namibian students) 2026

The Bank of Namibia (BoN) is the central bank of the Republic of Namibia.

Headquartered in Windhoek, BoN holds the sole authority to issue the Namibian dollar, as mandated by the Namibian Parliament.

Beyond its core financial functions, BoN prioritizes investing in the nation’s human capital through various initiatives, including the Bursary Programme.

About Bank of Namibia Bursary

The Bank of Namibia is the country’s central bank, responsible for issuing the Namibian dollar and promoting economic stability. 

Its bursary programme supports capacity building in strategic national sectors.

Fields of Study Funded

Support is available for both undergraduate and postgraduate programmes aligned with national development:

1. Undergraduate degrees:
   • Accounting (CA stream)
   • Computer Science (Cyber Security / AI / Data Science)
   • Economics (Econometrics / Statistics / Mathematics)
   • Education (Mathematics / Science)
   • Finance / Quantitative Finance / FinTech
   • Industrial Engineering
2. Postgraduate degrees:
   • Master’s in Economics (e.g., macro/microeconomics, modeling)
   • Master’s in Data Science / Data Engineering
   • Master’s in Artificial Intelligence / Machine Learning / Robotics
   • Master’s in Science or Law (focused on Oil & Gas / Renewable Energy)

Benefits for Recipients

Bursars receive comprehensive support, typically including:

• Tuition fees
• Textbooks
• Transportation
• Accommodation and living expenses
• Return-flight ticket (if studying outside Namibia)

Eligibility Criteria

You must meet all of the following:

• Namibian citizenship
• Acceptance or provisional acceptance into a recognized Namibian or SADC tertiary institution in a qualifying field
• Beginning first-year undergraduate or postgraduate studies in 2026
• Strong academic performance (Merit-based eligibility)

How to Apply

1. Complete the online application form (registration and login required).
2. Upload all required documents (see below)
3. Only shortlisted candidates will be contacted for means testing and interviews.

Required Documents

Prepare clear, certified copies of:

1. Proof of Namibian citizenship (e.g., ID)
2. Provisional acceptance letter from a recognized institution
3. Academic results: Grade 12/AS-Level for undergraduates; degree transcripts for postgraduates
4. Any other documentation as requested (e.g., financial proof during means test)

Closing Date

While not officially confirmed, the deadline is expected to be around 7 October 2025, mirroring previous cycles.

Contact Details

For any queries, reach out directly to:

• Email: [email protected]