This is an internal loan scheme largely financed through contributions from individuals, families and businesses on a private basis. It has a humble beginning and remains so, although it has the potential to grow as people’s interest in educating the poor increases. To ensure the success of
the scheme, the Founder – Arya Pratinidhi Sabha of Fiji, amongst others – has contributed $413,840.
The loan scheme operates on a borrow-to-study and work-to-pay philosophy. No interest is charged to the borrower; however, a binding undertaking is required from an acceptable guarantor. Although the scheme has financial limitations, it continues to assist many students annually, through the continued support and generosity of the people. Students can apply for financial assistance from the UniFiji Loan Scheme at the beginning of Academic Term 1 every year. This loan scheme currently assists students enrolled at the undergraduate level at UniFiji. \
Application forms and other information are available during enrolment. Selection is based on the applicant’s household income, household membership, social stability and academic performance. Full or partial financial assistance towards the payment of tuition fees may be granted on an Academic Term basis.
The loan scheme is advertised to the students who are on board through all student accounts and applications are received and processed by the Council’s Scholarship and Loans Committee. We cannot specify/advertise the quantum of funds available at any one time. This is because the loans scheme is funded by individual and or corporate contributors some are one off. Funds also depend how much has been reimbursed by earlier borrowers.
Successful applicants need to meet a specified hardship index that is stated in the criteria form SL1/12/8 itself. Depending on the volume of funds available, an applicant receives either a partial or full award. An MBBS applicant receives only 50% of the total annual fee.
The Scholarship to students is privately sponsored by businesses annually. The most prominent is the Lalita Jeraj Trust, which services specific areas of studies.
If your application is successful, you will be required to complete a bond form and other requirements specified by the Scholarships and Loans Committee to be awarded the tuition loan.
You will have to abide by University rules and meet other conditions as set out by the Scholarships and Loans Committee. You can send your comments and request for further information by sending an email to admissions@unifiji.ac.fj or info@unifiji.ac.fj
Tertiary Scholarships and Loans Board
Please see the link below:
https://www.tslb.com.fj/Home
