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The EPA Scholarship Fund TrustThe EPA Scholarship Fund Trust, originally established in 1997 under the name EPA Bursary Fund Trust, was founded as an umbrella trust, under which several scholarship funds sponsored by various donors may be managed by a Board of Trustees appointed by EPA and, where applicable, the sponsors of the scholarship funds concerned. The Trust was reconstituted on 27 March 2007 under a new Trust Deed and Board of Trustees. The mission of the Trust is to provide financial assistance to deserving students wishing to study at a Namibian or South African university or other tertiary technical institution towards a recognised degree or diploma in engineering or an engineering related discipline. Typically, a sponsor wishing to provide funds for this purpose would donate money to a Fund specifically set up under the Trust in accordance with the sponsor's specific requirements. The appointed trustees would manage the sponsor's Fund in accordance with an agreement concluded with the sponsor at the establishment of the Fund, with EPA administratively handling the budgeting, receipts, investments and disbursements of the Fund.
Trust Deed 2007 EPA FundThe Government of Sweden generously donated unspent Swedish funds at the close of the aforementioned Namibian - Swedish Cooperation Agreements to the EPA Fund. In addition, this fund is sponsored mainly by members of EPA and from a portion of fund management fees received by EPA for the management of other donors' funds. Scholarships from this Fund have been awarded as from the academic year 2009. Roads Authority FundThe Roads Authority was established in April 2000 as a largely autonomous statutory body for the management of the national road network, as part of the Namibian road sector reform project. The Authority, requiring extensive engineering capacity for the performance of its road network management role, sponsors this fund with the aim of alleviating its shortage of engineers and technicians. |
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Copyright © 2007
Engineering Professions Association of Namibia
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