By: Isuru Parakrama
Colombo (LNW): Finance State Minister Ranjith Siyambalapitiya said the calling in of applications for the interest-free student loan scheme introduced by the government for students who have sat for the GCE Advanced Level examination in the objective of developing higher education in Sri Lanka will commence from tomorrow (04).
The new interest-free student loan scheme was introduced for 5,000 eligible students who have faced their ALs in the years 2019, 2020 and 2021 to pursue higher education in private universities.
Speaking to media, the State Minister emphasised that the Education Ministry will be announcing the availability of this new student loan scheme and students who wish to obtain it should be following job-oriented courses.
Accordingly, those who have faced the ALs in the said years can apply for this loan scheme from July 04 to July 07, he added.
The entire interest for this scheme is borne by the government of Sri Lanka, Siyambalapitiya noted.
