POSTGRAD

The Post Graduate loan facility covers funding for Post Diploma, Master’s and Doctorate Degree programmes.
POSTGRAD
The Post Graduate loan facility covers funding for Post Diploma, Master’s and Doctorate Degree programmes. The SLB Post Graduate Loan has an interest rate of 9.5% on the reducing balance method. Eligible applicants must be employed Jamaicans who can repay via salary deduction.
Unbeatable
9.5%

Interest rate

Principal Borrower Info

This is an employed individual applying for themselves or another individual.

Payment of Fees:

Fees may be paid via your Customer Portal, STEEP or to any of other payment facilities:

Paymaster or Bill Express online or any of their locations island-wide. A copy of the receipt or evidence of payment should be retained.

The Credit Report fee is non-refundable.

Fees must be paid before the final approval of your application for a loan.

Loan Info

  • The maximum loan amount of $1.8 million covers tuition only.
  • Each loan is for a maximum period of 60 months. The repayment of the loan is facilitated by Salary Deduction.
  • There is no moratorium on the post-graduate loans.
  • Beneficiaries who also have a Targeted loan must be able to comfortably afford both loans, when they become due for repayment.

Approved Tertiary Institutions

  • All American Institute of Medical Sciences
  • Bethlehem Teachers’ College
  • Brown’s Town Community College
  • Caribbean Maritime University
  • Caribbean School of Medical Sciences
  • Catholic College of Mandeville
  • Church Teachers’ College
  • College of Agriculture, Science and Education
  • Edna Manley College of the Visual and Performing Arts
  • Excelsior Community College
  • G.C. Foster College of Physical Education and Sports
  • International University of the Caribbean
  • Jamaica Institute of Management
  • Jamaica Theological Seminary/Caribbean Graduate School of Theology
  • Knox Community College
  • Management Institute for National Development
  • Mico Teachers’ College
  • Moneague Teachers’ College
  • Montego Bay Community College
  • Norman Manley Law School
  • Northern Caribbean University
  • Portmore Community College
  • Sam Sharpe Teachers’ College
  • Shortwood Teachers’ College
  • St. Joseph’s Teachers’ College
  • University College of the Caribbean
  • University of Technology
  • The University of The West Indies, Cave Hill
  • The University of The West Indies, Mona
  • The University of The West Indies, Open Campus
  • The University of The West Indies, St. Augustine
  • Vector Technology Institute
  • Vocational Training Development Institute
Required Documents

Required Documents for Borrower

  • Tax Registration Number (TRN)
  • One passport size photograph, certified by a JP
  • One photo identification: Passport, Drivers Licence or National (Voters) Identification
  • Last three pay slips
  • Letter from employer confirming their occupation, salary, employment time and the facilitation of salary deduction request.
  • Proof of address (inclusive of Bank statements)
  • Two letters of recommendation from two of the following: Justice of the Peace, Minister of Religion, Attorney-at-Law, Employer, Lecturer – The Letters of Recommendation should not be written by the referees or guarantor.
  • Acceptance letter and/or status letter from tertiary institution of dependent student
  • Student Identification

Required Documents for Guarantors

  • One photo identification: Passport, Drivers Licence or National (Voters) Identification
  • Last three pay slips
  • Letter from employer confirming their occupation, salary, employment time and the facilitation of salary deduction request
  • Tax Registration Number (TRN)

Guarantors must be employed in their current job for at least one year. Guarantor’s place of employment must facilitate salary deductions. Only one guarantor is required for the loan facility.