BML cuts interest rate on student loans to 5%

In the true sense, the aim is to make BML a peoples’ bank, Yushau said.

13 January 2023

'Loan disbursements won't be delayed if all docs submitted'

Ibrahim Hassan noted that the Ministry of Finance is providing special priority to students to overcome the difficulties in receiving funds.

16 February 2023

Biden asks U.S. Supreme Court to pause ruling on student debt

Biden on Nov. 22 extended the repayment pause to no later than next June 30 to give the Supreme Court time to decide the case.

3 December 2022

Student loan restructured; repayment extended to 20 year

Subsequently, due to the Covid-19 pandemic, student loan repayment was deferred till December 2020.

6 February 2023

Govt to take legal action on free degree dropouts

In order to encourage students to complete the course, the new policy also provides for a time frame for completion of the course.

14 May 2023

Nasheed in youth meeting pledges to restructure student loans

In order to do so, Nasheed said that he would study the latest information related to student loans.

26 January 2023

Applications open for 720 student loans

Students studying in the free degree scheme can apply for loans to meet their other expenses.

16 February 2023

1,275 get govt loan for higher studies

Student loans will be available to all eligible students, President Ibrahim Mohamed Solih said last month.

22 June 2023