Delinquency

Delinquent Loans

The biggest challenge facing the Students' Loan Bureau is the high levels of REPAYMENT DELINQUENCY. The SLB will maintain its zero-tolerance of this serious problem, which threatens the viability of the Students' Loan Scheme and the future of generations of students who are looking to the SLB for the financing of their educational aspirations. We will institute even stricter measures to crackdown on delinquency and ensure that loans are repaid.

As a last resort, the Bureau has been publishing the names of delinquent borrowers in the media (i.e., press and Internet). This will continue until there are signs of drastic reduction in repayment delinquency.

When you have completed your course of study, remember your payment benefits another, and responsible persons honour their responsiblities.