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Students owe Unam N$350 million

Students owe Unam N$350 million

Ester Hakaala

The University of Namibia is owed about N$353 million by students in unpaid fees for the 2024/25 financial year.

University spokesperson Simon Namesho recently said students owe the institution a total of N$353.23 million, with the 2024 intake contributing N$184.32 million of this amount.

Students with outstanding balances are permitted to sit for examinations, but their results are withheld until their debt is cleared.

“The policy allows students to complete their studies while holding them accountable for unpaid fees.

To help address outstanding debt, we regularly remind them about their account status through SMS and personalised emails,” he said. Namesho said Unam has introduced measures requiring students and their financial sponsors to enter debit order agreements with the university to manage debt accumulation.

“This option provides a structured payment plan, allowing students to settle their debts while maintaining their studies gradually. 

The university’s approach prioritises student success by encouraging financial stability without overly restrictive measures that could hinder access to higher education,” said Namesho.

This challenge, he added, is complex and influenced by various socio-economic factors.

The spokesperson said self-funded students comprise approximately 40% of the student population and bear the full cost of their education, making them particularly vulnerable to financial hardships that can lead to falling into debt.

Namesho said despite the need for additional financial oversight, the university strives to offer flexible, student-centred solutions that manage debt accumulation while remaining committed to its mission of accessible higher education.
-Nampa