Kingston, Jamaica — Wednesday April 29, 2026: The Students’ Loan Bureau (SLB) is
extending its Debt Reset programme through to December 2026, reinforcing its commitment
to supporting borrowers by facilitating access to tertiary education financing while
maintaining responsible stewardship of public resources under the Students’ Loan Fund Act.
The Debt Reset initiative was launched in December 2025 to provide borrowers in arrears
and in good standing with financial support through structured repayment arrangements and
waivers for specific accumulated charges. Eligible borrowers as at October 2025, stand to
benefit from up to 100% waiver of late fees and insurance charges and up to 50% reduction
in interest arrears once agreed loan repayment conditions are met. These include clearing
outstanding principal arrears and a portion of interest arrears within the programme period.
They also must ensure that they are up to date with their repayment obligations for at least
one year and are no more than 30 days past due.
The programme has seen strong uptake since its launch last year. Over 8,500 borrowers in
good standing as at October 2025 each received up to $100,000 as a one-off payment
applied to their loan balances, totalling $831 million to date. In addition, borrowers in arrears
who registered on SLB’s customer portal and signed up for Debt Reset are set to receive
over $491 million in waivers.
The SLB’s Executive Director, Nickeisha Walsh, said; “The SLB acknowledges that loan
repayment can present challenges for some customers, and we remain committed to
engaging borrowers with empathy, transparency, and practical solutions. Based on current
repayment patterns, some borrowers have had trouble meeting the stipulated timelines. The
extension of the programme to December 2026 provides additional time for them to
complete their repayments and regularise their loan accounts.”
To enrol in the Debt Reset programme, customers can visit the SLB website and click the
“Start Onboarding” button on the Debt Reset web banner to register on SLB’s customer
portal. For those who already registered, they can sign up for Debt Reset through the portal,
debtreset.slbja.com/. Once they have been onboarded and signed up, they can choose to
either clear their arrears and regularise their payments or settle the loan in full. Over 21,000
students are currently eligible to sign up for Debt Reset.
About the Students’ Loan Bureau
The Students’ Loan Bureau (SLB) is a statutory agency of the Government of Jamaica
mandated to provide accessible and affordable financing to students pursuing tertiary
education locally and overseas. The Bureau plays a critical role in supporting national
development through investment in human capital, while maintaining prudent financial
management of the Students’ Loan Fund. Through a range of customer-focused
programmes and strategic partnerships, SLB continues to enhance access, improve
customer experience, and promote responsible loan repayment.
Media Contact:
Evon T. Krishna Benjamin
Corporate Communications Officer
Students’ Loan Bureau
Email: ebenjamin@slbja.com
Phone: 876-2804-995