Skip to content

A digest of news and opinion from the Maldives.

Economic Recovery Plan

Moratorium for all student loans under National Student Loan Scheme and Educational Assistance Loan Scheme

Moratorium for all student loans under National Student Loan Scheme and Educational Assistance Loan Scheme

1 min read

As part of the Economic Recovery Plan to minimize the impact on individuals due to COVID-19, the Ministry of Higher Education has announced a deferment of student loan repayments for the National Student Loan Scheme and Educational Assistance Loan Scheme administered by Bank of Maldives. This moratorium allows a deferment of monthly repayments for 6 […]