Students to gain Sh1 billion NMB fund

NMB Foundation General Manager Nelson Karumuna said the new beneficiaries would join 101 students supported through the first two intakes.

NMBF has spent more than Sh2.1 billion supporting the first two cohorts and committed a further Sh1 billion for the 2026/27 intake. ‘The support will cover tuition fees, living expenses, field practical training, compulsory university charges and learning materials, including laptops,’ Mr Karumuna said.

Beneficiaries will also receive academic mentorship, leadership development, employment preparation and practical learning opportunities.

Mr Karumuna said applications were free and warned applicants against individuals or organisations claiming to sell or facilitate scholarship places.

The Nuru Yangu programme was launched in May 2022 to help academically capable young Tanzanians overcome financial barriers to higher education.

One beneficiary, Elia Johnson Kaberege, graduated with a bachelor’s degree in accounting from the University of Dar es Salaam in 2025. He said the scholarship covered education costs his family could not afford. Another beneficiary, Irene John Busorwa, a Mzumbe University graduate, said financial difficulties had nearly prevented her from enrolling.

The programme supported her throughout her three years of study, and she has since secured employment with an audit firm.

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