MINISTRY OF FINANCE & DEVELOPMENT PLANNING
EXTERNAL CIRCULAR NO. 4 OF 2025
REF: MDP/CIR/4/2025
APPLICATIONS ARE INVITED FROM SUITABLY QUALIFIED LOCAL CANDIDATES FOR THE FOLLOWING POSITION:
DEPARTMENT: National Manpower Development Secretariat (NMDS)
JOB TITLE: Loan Bursary Assistant
GRADE: E
NO. OF POSTS: One (1)
RESPONSIBLE TO: Assistant Loan Bursary Administrator
JOB SUMMARY
Under the supervision of the Assistant Loan Bursary Administrator, the incumbent is responsible for administration of Loan Bursary Agreements/Contracts, facilitation of renewals, preparation of financial statements, and collection of data.
MAIN DUTIES
1. Administration of Loan Bursary Agreements/Contracts
1.1 Allocates borrower numbers to sponsees for individual identification to avoid duplication
1.2 Checks all required documents as proof of identity and admission letter as proof of acceptance into institutions
1.3 Endorses loan bursary amount on the Agreement/Contract for all first-year students for approval
1.4 Files the approved Agreement/Contract for record and provides students with a copy for renewal purposes in the next academic year
2. Facilitation of Renewals
2.1 Checks result slips of continuing students to verify progression to the next academic year
2.2 Endorses loan bursary amount for proceeding students each year for approval
2.3 Processes reinstatements of students who failed in previous years and resumes sponsorship for withdrawals
3. Preparation of Financial Statements
3.1 Prints financial/loan bursary statements for completed/graduated students for recovery purposes
3.2 Calculates overall loan amount based on the pass rate of individual sponsees’ transcripts to ensure correct repayment percentage
3.3 Issues stop orders to individual sponsees and provides banking details for debt repayment
3.4 Files stop orders and deposit slips/receipts for reconciliation
3.5 Verifies loan repayment for government officials exiting public service for deduction of outstanding balances from terminal benefits
4. Collection of Data
4.1 Requests lists of graduates annually from institutions for record and loan repayment calculations
4.2 Compiles lists submitted by Human Resources Officers from government ministries, agencies, and private sector of new appointees for loan repayment calculation and issuance of stop orders
4.3 Consolidates submitted lists and provides report to supervisor for appropriate action
JOB SPECIFICATION
Education and Training
- Diploma in Business Management, Certified Accounting Technician (CAT), or Public Administration
Work Experience
- Two (2) years working experience in the Loan Bursary field will be an added advantage
APPLICATION INSTRUCTIONS
Applications on relevant forms:
- GP 104 for serving officers
- GP 103 for job seekers
Must be accompanied by:
- Duly certified copies of educational certificates
- Transcripts
- National Identity Document (ID)
Submit to:
Director Human Resource
Ministry of Finance and Development Planning
P.O. Box 630
Maseru 100
Lesotho
OR
Hand Deliver to:
Human Resource Offices at National Manpower Development Secretariat
DEADLINE: NOT LATER THAN 13th OCTOBER 2025