«National Fund for Children»: Students Informed About the Procedure for Using Accumulated Funds — KazNU

«National Fund for Children»: Students Informed About the Procedure for Using Accumulated Funds

30 September 2026
«National Fund for Children»: Students Informed About the Procedure for Using Accumulated Funds

On September 30, 2026, representatives of Otbasy Bank JSC met with students of the Faculty of Chemistry and Chemical Technology of Al-Farabi Kazakh National University and conducted an information and awareness-raising session on the procedure for using funds accumulated under the «National Fund for Children» programme.

The main purpose of the meeting was to explain to students aged 18 and above how to access the funds accumulated in their names under the programme, familiarize them with the available options for using these funds effectively, and provide information on housing-related matters.

During the event, bank representatives provided a detailed explanation of the programme's main requirements and the stages involved in accessing the funds. In addition, students were informed about how to check the amount of their accumulated savings, the procedures required to receive the funds, and the conditions governing their intended use. Students who had reached the age of 18 were also provided with practical assistance in completing the necessary procedures to access their funds and open a deposit account.

Furthermore, bank specialists spoke in detail about the specific features of opening a deposit account, managing accumulated savings, and the opportunities available for improving housing conditions. Students asked questions about purchasing housing, saving for an initial down payment, and depositing funds into an account. Bank representatives addressed all the questions and provided relevant explanations and recommendations.

The meeting continued in an open discussion format, giving students the opportunity to communicate directly with bank specialists and obtain the information they needed. Such meetings not only raise young people's awareness of government programmes but also contribute to developing the skills needed to make informed financial decisions, plan their finances, and use accumulated funds effectively.

Al-Farabi Kazakh National University pays particular attention to the comprehensive development of its students, improving their financial literacy, and raising their awareness of available social opportunities. Meetings of this kind help students gain a better understanding of their rights and opportunities and support them in making well-informed decisions concerning their future.