Malé, Maldives – Ministry of Higher Education of Maldives has announced that 1,000 students have applied in the most recent opening for student loans.
Revealing further details, the Ministry stated that by 13:30 of 3rd March 2022, a total of 1,000 application were received for the 730 slots that were announced. These slots include 417 slots for new students and 303 slots for ongoing students out of which 40 slots were reserved for the students studying MBBS in the Maldives.
Along with undergraduate studies, these loans were also open for application for individuals wanting to pursue post graduate studies.
This year’s interest free student loans were announced with a reduction of administration fee from three percent to one percent.