JM- STUDENT LOAN

closed

Closed

At its very broadest level, the Student Loan Project supports the government's objective of shifting public resources towards levels of education where the social returns are highest. Specifically, the project will: a) provide Jamaican students with adequate financing options to pay for their share of higher education on an ongoing basis; b) increase equitable access to tertiary education and improve targeting of subloans; and c) increase financial sustainability and administrative efficiency of the Students' Loan Bureau (SLB) through a consolidated student loan program. The project will support: a) the restructuring of the SLB to focus on loan approach, improved loan targeting and impact evaluation; b) the expansion of a targeted student loan program administered by the commercial banking system; c) the establishment of a grant-in-aid Fund for students least able to pay; and d) the development and implementation of a public awareness campaign to inform students and their families of policy changes with respect to cost recovery and financing options for tertiary education, including the Grant-in-Aid program.

FY17 - Education,FY17 - Public Administration

World Bank Group

Project

Commercial, Government, Education