The Ministry of Higher Education has revealed that they have completed three of the pledges assigned to it by the government as part of President Ibrahim Mohamed Solih’s 100-day agenda.
At a press conference, Minister Dr. Ibrahim Hassan highlighted that the tasks assigned to the Ministry are “valuable”.
One of the pledges is giving first-degree scholarships to the highest scorer of the GCE A Levels, from any University they prefer. These scholarships will be given for any field the top scorers desire. These scholarships are to be given starting the new academic year and will be given to students who score “A Star” in five A Level subjects.
The second pledge is to establish the High-Achievers Scholarship Scheme. These scholarships will be given, with the inclusion of OECD member countries.
The third pledge is to establish a loan scheme that carries a lesser interest rate, to those who wish to go abroad for further studies. The government is also to pave an easier way for student loans to be paid off.
While the government had been taking a five percent interest rate for student loans. The ministry has decreased the interest to three percent and extended the duration to pay off said loans.
Further details regarding student loans will be available through the Ministry’s official website, says the Minister.