Government offers 500 student loans

Mar 31, 2025, 9:16 AM
Government offers 500 student loans

The government has opened for applications under the student loan scheme to pursue higher education in the Maldives and abroad.

In an announcement, the Higher Education Ministry said 500 loans will be offered this year. Applications will be accepted till April 30.

Both new and current students can apply for loans.

Current students with government loan can also request to top up the loan amounts. The maximum amount for topping up is MVR 700,000.

There have concerns over the delay in opening for students loans.

Last year, 500 loans were offered under the scheme but the government later decided to provide loans to all eligible applicants.

Out of 1,709 students who applied for the loan, 1,153 students were deemed eligible. But many eligible applicants who enrolled in pilot courses were not given loans.

Around 148 students who qualified for the pilot license slot but the government decided to give loans to only 10 students.

Comments

Read More

Latest News

Saudi Ambassador to be dismissed following refusal to join PNC

The Maldivian government is dismissing Ahmed Sareer, the Ambassador to Saudi Arabia, after he refused to join the ruling PNC party. Despite his 40-year diplomatic career, Sareer is being removed as part of a broader directive requiring all diplomats to join the political party, ending a long-standing tradition of neutrality.

Govt to seal Rasmale' deal on Republic Day

The Maldives government plans to sign a definitive agreement with UAE-based Eagle Hills on Republic Day to grant 500 hectares of land for the Rasmalé project. Legislative changes are underway to accommodate the deal, which involves no land acquisition fees. The project chairman confirmed they will comply with all local leasehold laws.

Indian arrested at VIA smuggling MVR 900,000

An Indian national was arrested at Velana International Airport for attempting to smuggle over MVR 900,000 in undeclared foreign currency. The seizure is part of a major government crackdown on illegal dollar trading and unauthorized business activities by foreigners in the Maldives.

Falah accuses Khaleel of prioritising personal gain over nation

PNC leader Ibrahim Falah has accused former Foreign Minister Abdulla Khaleel of putting personal gain above national interests. The criticism follows Khaleel’s public concerns over the Rasmalé project, which involves land allocation to a UAE firm. Falah claims Khaleel’s opposition proves he no longer prioritizes the country's welfare.

Three arrested in alcohol network bust

Police arrested three individuals and seized a large quantity of alcohol during a raid on a distribution network in Malé. The joint operation targeted a residence in the Henveiru ward after a lengthy investigation. Authorities have identified several key players involved in the city's large-scale illegal alcohol trade.

Resolution demands transparency over Rasmalé deal

MP Meekail Ahmed Naseem submitted a resolution to the People’s Majlis demanding transparency over the Rasmalé development deal with Eagle Hills. The move seeks to disclose commercial terms and ensure legal compliance, following concerns that the government is withholding information about granting land to a foreign entity.

Thilafushi Port: Agreements with Chinese firm classified

Maldives Ports Limited has classified its agreements with China Harbour Engineering Company regarding the Thilafushi Port relocation. Officials refused to disclose contract values or specific details, citing legal consultations. This lack of transparency follows government concerns over foreign influence and diplomatic shifts.

Newsletter

Get the latest news delivered straight to your inbox