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Interest Free For TELS, Prasad Tells At Ba Rally

Interest Free For TELS,  Prasad Tells  At Ba Rally
National Federation Party leader Biman Prasad.
July 29
11:32 2018

The National Federation Party say they will make all Tertiary Education Loan Scheme Scholarships (TELS) interest free as part of their new tertiary education policy.

This was part of the policies revealed yesterday by the Party leader, Biman Prasad, for the tertiary education sector during the party’s annual general meeting at AD Patel Grounds in Ba, where hundreds turned up.

“We will make all TELS loan interest free including for those who are already paying their loan and for existing TELS students and also review the payment structure of these loans,” Mr Prasad said.

“We have been listening to students and teachers regarding education.”

Mr Prasad also mentioned four other policies in relation to the tertiary education sector.

“Firstly we will provide free tuition for all degree students in all three universities in the first year of their studies,” Mr Prasad said.

“NFP will rename existing National Toppers scholarship as the Academic Excellence Scholarship and we will re-structure our 12 priority areas so that students in all disciplines can get a scholarship.

“We will bring in a new merit scholarship for students whose family income is less than $30,000 and who receive an aggregate mark of not less than 250 out of 400.

“And, we will keep TELS for all existing tertiary students, technical college, private and public sector employees, pilot training for all pilot training schools that have not been selective and accommodation loan scheme as well.”

The Opposition member said financing this would be a major challenge for them, however they would be able to meet the finance.

“We will pay for this from savings from our current government spending,” he said.

“We will change many things when we come into government.”

Eleven more provisional candidates were announced yesterday, bringing to 45 the total number of provisional candidates for NFP.

Edited by Naisa Koroi

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