Skip to content

Category: Loan

Economy 0

Student Loan Debt Crisis in the Maldives

With the introduction of student loans in 2012, it became the long-awaited savior for many prospective students who were unable to afford tuition fees and the cost of living in the capital city Male’. Department of Higher Education (DPE) of Ministry of Education, the regular of government-funded student loans in the country was overwhelmed by the number of applications and […]

Education 1

The history of National Student Loans in the Maldives

How it began National Student Loans (NSL) scheme was introduced during September 2012 by the former president Dr. Mohammed Waheed Hassan as a solution for the uprising student crisis after Maldives National University then Maldives College of Higher Education dropped its government funded student pocket money program starting from July of 2009. The scheme was however not the nations first […]