The Department of Tertiary Education Financing is mandated with offering scholarships to deserving Batswana students. Tertiary education has and is still provided for and financed mainly by the Botswana Government. In 1973 a bursaries scheme was introduced, where beneficiaries were expected to contribute 5% of their initial gross salary for a stipulated period after completing their training. In April 1995, the Government introduced a reorganised bursaries scheme. This is the Grant / Loan scheme where students are now awarded grants and or loans to pursue their tertiary training. It is expected that the loan portion of the scholarships be recovered as soon as the beneficiary becomes employed. In terms of recovery the two schemes will run concurrently until all beneficiaries of the 5% scheme have all contributed.

The Department of Tertiary Education Financing is mandated with offering scholarships to deserving Batswana students. Tertiary education has and is still provided for and financed mainly by the Botswana Government. In 1973 a bursaries scheme was introduced, where beneficiaries were expected to contribute 5% of their initial gross salary for a stipulated period after completing their training. In April 1995, the Government introduced a reorganised bursaries scheme. This is the Grant / Loan scheme where students are now awarded grants and or loans to pursue their tertiary training. It is expected that the loan portion of the scholarships be recovered as soon as the beneficiary becomes employed. In terms of recovery the two schemes will run concurrently until all beneficiaries of the 5% scheme have all contributed.