About The SLB
Mission & Vision
Applicant Record Update
Guarantor Information Guide
Guarantor Record Update
Your right of Appeal
List of approved schools
Honesty is the best policy
Don't try to beat the system
Status Report Form
Loan Repayment Options
Faces of Delinquency
Change Email Address
Method of Contact
Once a beneficiary receives a scholarship whether prior to or after having been approved for tuition funding from the SLB, he/she is required to inform the Bureau of the scholarship in writing requesting a waiver. A copy of the scholarship offer letter must also be submitted. The SLB waiver policy as it relates to scholarships allows for the following:
That the approved tuition loan from the SLB be reduced by 30% of the scholarship, or up to $100,000.00.
Where the value of the scholarship is $100,000.00 or less, the student will be allowed to get a loan for the full tuition cost.
Notwithstanding the above, a student may opt to receive a tuition loan that is less than the amount authorized by policy.
Where the scholarship amount exceeds the tuition cost by 50% or more, no loan will be granted by the SLB.
Where the scholarship is for non-tuition, school-related expenses, the SLB loan will be granted for the full tuition amount.
Students who are awarded a scholarship waiver can also be eligible for Grant in Aid consideration.
© 2005 - 2011 Students’ Loan Bureau. All rights reserved.
Saturday August 1, 2015