Wikipedia

Tertiary Scholarship and Loans Service

(Redirected from Tertiary Scholarship and Loan Service)

The Tertiary Scholarship and Loans Service (TSLS) is a statutory body in Fiji that provides funding through scholarships and loans for Fijians to undertake studies in tertiary and vocational education.[1] It was established in 2014 under the jurisdiction of the Ministry of Education funded by the Government of Fiji.[2]

TSLS
Tertiary Scholarship and Loans Service
Formation2014; 10 years ago (2014)
Headquarters26 McGregor Rd, Suva
Board Chairman
Rakesh Ram
  • Penuel Immanuel
  • Vijendra Singh
Affiliations
Budget
$161.1 m FJD (2020-2021)
Websitetsls.com.fj

History edit

TSLS was established in 2014 and has assisted more than 50,000 Fijian students. Prime Minister Frank Bainimarama declared that the government will continue to play an important role in the education of students.[3][4] As of March 2022, more than 12,000 students are currently on TSLS.[5] TSLS has revealed that more than $500 million is owed by students and only $23 million has been paid back.[6]

Schemes edit

TSLS provides two schemes; Scholarship and Loan. Under the Scholarship scheme, TSLS provides local and overseas scholarships as well as for students with special needs. The Loan scheme are funded in the form of loans that are not normal debts.[7][8] Since its establishment, the Government has paid out $1.2 billion for the schemes.[9]

Scholarship edit

Also known as NTS (National Toppers Scholarship), these are fully funded scholarships for the top ranked students who have completed Year 13 (Thirteenth grade). To qualify, students should score more than 300/400 in the Fiji Year 13 Examination, however cut off marks vary in different prioritized areas. As of 2022, the total number of scholarships funded by the government is 480.[10]

Loan edit

Also known as TELS (Tertiary Education Loans Scheme), these are funds in the form of loans which provides students with zero interest rates limited to the first Bachelor's degree. To qualify, students should score more than 280/400 in the Fiji Year 13 Examination. As of 2022, the total number of loan schemes funded is 7,000 spread out to Bachelor's degree and Academic certificate.[11]

See also edit

References edit

  1. ^ "TSLS - VISION, MISSION AND VALUES". tsls.com.fj. Archived from the original on 11 March 2022. Retrieved 11 March 2022.
  2. ^ "Tertiary loans scheme". FijiTimes. Archived from the original on 31 January 2021. Retrieved 11 March 2022.
  3. ^ "53,000 students assisted through TSLS". Fiji Broadcasting Corporation. Archived from the original on 12 April 2022. Retrieved 12 April 2022.
  4. ^ Fijivillage. "TSLS registers 8,210 new students so far". www.fijivillage.com. Archived from the original on 19 April 2022. Retrieved 12 April 2022.
  5. ^ "12,368 students on TSLS". Fiji Broadcasting Corporation. Archived from the original on 12 April 2022. Retrieved 12 April 2022.
  6. ^ Journalist, Sainiani Boila Multimedia. "Millions owed to TSLS, as FRCS now involved". Fiji Broadcasting Corporation. Archived from the original on 10 June 2022. Retrieved 10 June 2022.
  7. ^ "TSLS - SCHOLARSHIPS". tsls.com.fj. Archived from the original on 11 March 2022. Retrieved 11 March 2022.
  8. ^ "TSLS - LOANS SCHEME". tsls.com.fj. Archived from the original on 11 March 2022. Retrieved 11 March 2022.
  9. ^ Journalist, Lena Reece Senior Multimedia. "$1.2b disbursed to TSLS since 2014". Fiji Broadcasting Corporation. Archived from the original on 10 June 2022. Retrieved 10 June 2022.
  10. ^ "TSLS - NTS LOCAL SCHOLARSHIP SCHEME". tsls.com.fj. Archived from the original on 12 April 2022. Retrieved 12 April 2022.
  11. ^ "TSLS - ABOUT TELS". tsls.com.fj. Archived from the original on 7 April 2022. Retrieved 12 April 2022.
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