Are you a young Namibian passionate about building a successful academic and professional career, but worried about funding your education? The Bank of Namibia Undergraduate and Postgraduate Bursary Program 2026 provides a life-changing opportunity for deserving Namibian students to pursue their studies with full financial support.
This initiative reflects the Bank’s ongoing commitment to national capacity building and human resource development in key areas critical to the country’s growth.
Bank of Namibia Undergraduate and Postgraduate Bursary Program 2026
The Bank of Namibia Undergraduate and Postgraduate Bursary Program 2026 is a prestigious sponsorship opportunity designed to support young Namibians who wish to pursue undergraduate or postgraduate degrees in specific fields aligned with the Bank’s strategic priorities. By offering this bursary, the bank aims to invest in the nation’s intellectual capital and promote sustainable economic development through education.
The bursary is open to both new school leavers and currently enrolled tertiary students for undergraduate studies, as well as to postgraduate candidates who are already degree holders. Successful applicants will receive comprehensive funding that covers essential study-related expenses, enabling them to focus on academic excellence and contribute to Namibia’s socio-economic progress in the future.
Bank of Namibia Bursary 2026 Summary
| Category | Details |
| Host Country | Namibia |
| Funding Organization | Bank of Namibia |
| Program Type | Undergraduate and Postgraduate Bursary |
| Eligible Applicants | Namibian Citizens |
| Preferred Fields of Study | Economics, Data Science, ICT, Artificial Intelligence, Industrial Engineering, Education (Sciences), and related disciplines |
| Funding Coverage | Full (Tuition, Registration, Accommodation, Books, Travel, and Living Costs) |
| Application Deadline | 30 October 2025 |
| Number of Awards | Limited |
| Study Mode | Full-Time |
| Academic Session | 2026 Academic Year |
What Is the Bank of Namibia Bursary All About?
The Bank of Namibia Undergraduate and Postgraduate Bursary Program 2026 is part of the Bank’s effort to bridge the gap in specialized skills within Namibia’s financial, economic, and technological sectors. It empowers academically gifted students by providing them with financial assistance to pursue higher education in disciplines that are vital to national development.
The bursary supports both undergraduate and postgraduate studies at recognized universities in Namibia and other SADC (Southern African Development Community) countries. Through this initiative, the Bank of Namibia continues to invest in the next generation of economists, engineers, and data scientists who will contribute to innovation, policy development, and the digital transformation of the country.
Who Can Apply? (Eligibility Criteria)
Undergraduate Applicants
To qualify for the undergraduate bursary, applicants must meet the following requirements:
- Must be a Namibian citizen.
- Must have excellent academic performance.
- Must be a Grade 12 school leaver (2024 or 2025) or a registered tertiary student in any year of study.
- Must submit a recent academic progress report if already enrolled at a tertiary institution.
Preferred Undergraduate Fields of Study:
Applicants should intend to pursue a degree in one of the following areas:
- Economics (Financial Econometrics)
- Mathematical Sciences (Financial Mathematics / Mathematical Economics)
- Data Science / Data Analytics
- Industrial Engineering
- Education (Mathematics/Sciences)
- Artificial Intelligence
- Management Information Systems
- Financial Software
These fields were carefully selected because they align with Namibia’s growing need for professionals skilled in analytical reasoning, digital innovation, and financial management.
Postgraduate Applicants
To qualify for the postgraduate bursary, applicants must meet the following requirements:
- Must be a Namibian citizen.
- Must be 40 years of age or younger.
- Must possess a recognized undergraduate degree.
Preferred Postgraduate Fields of Study:
- Master’s in Digital Forensics
- Master’s in ICT Policy & Regulation
- Master’s in Artificial Intelligence / Machine Learning
- Master’s or Postgraduate Degree in Econometrics / Financial Economics / Monetary Policy and Liquidity Management
- Master’s in Data Science / Data Engineering / Data Analytics
- Master’s in Industrial Engineering
- Master’s in Cybersecurity
- Financial Software
These disciplines are crucial in enhancing Namibia’s capacity to meet the demands of an increasingly digital and data-driven economy.
Scholarship Benefits
The Bank of Namibia Bursary Program 2026 offers a comprehensive financial package to successful applicants. The bursary covers a range of expenses to ensure that recipients can pursue their studies without financial difficulties.
Benefits include:
- Tuition and Registration Fees: Full coverage for the duration of the program.
- Accommodation: On-campus or approved housing expenses are covered.
- Books and Study Materials: Funding for essential academic resources.
- Travel Allowance: Support for travel between the home region and the study destination.
- Living Costs: Monthly allowance to cover meals and personal needs.
Additionally, successful candidates will be required to sign a contractual agreement with the Bank of Namibia, which may include conditions related to performance expectations and potential service obligations after graduation.
How to Apply for the Bank of Namibia Bursary 2026
Below is a step-by-step guide to applying for the bursary:
Step 1: Check Your Eligibility
Before applying, ensure that you meet all the eligibility requirements based on your academic level (undergraduate or postgraduate).
Step 2: Gather Required Documents
Applicants are required to prepare the following documents:
- Certified copy of Namibian ID or birth certificate
- Certified copies of academic certificates and transcripts
- Proof of current enrollment (if applicable)
- Recent academic progress report (for current tertiary students)
- Motivation letter explaining career goals and how the bursary will help achieve them
- Proof of acceptance or application to a recognized university in Namibia or the SADC region
Step 3: Submit Your Application
Submit your completed application package before 30 October 2025. Applications received after the deadline will not be considered.
Step 4: Screening and Selection
All applications will undergo a thorough review process. Only shortlisted candidates will be contacted for interviews or additional assessments.
Why Apply for the Bank of Namibia Bursary 2026?
The bursary offers more than just financial aid; it is a gateway to professional growth, mentorship, and long-term career success. Below are some reasons to consider applying:
- Comprehensive Financial Support: Covers all essential academic and living expenses.
- Prestigious Recognition: Being awarded by the Bank of Namibia enhances credibility and employability.
- Focus on Future Skills: Supports study areas that are critical for Namibia’s economic and technological advancement.
- Networking Opportunities: Fellows often gain exposure to professionals in the financial and academic sectors.
- Contribution to National Development: Graduates are empowered to contribute meaningfully to Namibia’s economic progress.
Application Deadline
All applications must be submitted on or before 30 October 2025. Late submissions will not be accepted.
Frequently Asked Questions (FAQs)
Who can apply for the Bank of Namibia Bursary 2026?
Only Namibian citizens who meet the academic and age requirements for either undergraduate or postgraduate studies can apply.
Can I apply if I am studying outside the SADC region?
No. The bursary is limited to recognized universities in Namibia and the SADC region.
What expenses does the bursary cover?
The bursary covers registration, tuition, accommodation, books, travel, and living costs.
Is there an age limit for applicants?
Yes. Postgraduate applicants must be 40 years of age or younger at the time of application.
Do I need to sign a contract if selected?
Yes. Successful candidates must enter into a contractual agreement with the Bank of Namibia before the commencement of their studies.
For more information and application details, visit the official Bank of Namibia bursary webpage.
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