Student Loan Applications to Open Soon

During the first session of Parliament for the year on the 3^rd of February, President Solih mentioned that over 1,500 student loans were issued last year and that applications for loans this year can be submitted from Monday, February 7 onwards. 

''In 2021, we issued student loans to over 1,500 students who wished to study abroad. We prioritized those who did not have the financial capacity to fund themselves and those with special needs. This year, we will open 720 slots under the student loan scheme, and applications will open on Monday," the president said.

President Solih, in regards to details on the government's free education scheme for degree students, says that the program’s outcome is fruitful. He says that the government is providing funding for over 12,730 college and university students, and that out of them, 2,127 students have already completed their degrees.

"By the end of 2023, over 5,000 students will complete their education under the free education program and serve the nation. Every year after that, 2,000 students will graduate and serve the nation. We are now putting a stop to the 'business' of higher education. We are enabling any student who has the determination to get tuition-free degree education. We have achieved this," he said.

He went on to say that the current government is making efforts towards building skilled local professionals in different sectors. For this, he highlighted that 124 students who are pursuing the medical field have had their studies funded. He said that professional capacity-building programs will also kick off later this month to train 1,150 professionals in the IT and accounting fields.