The Students’ Loan Bureau wishes to advise its valued customers that due to the current unrest and disruptions within the transportation sector we will be closing our office to the public at 2:00pm on Tuesday, 24th of September, 2019. We will re-open for regular business on Wednesday, 25th of September, 2019. We apologize for any inconvenience this may cause.

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Scholarships
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.
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