You are currently viewing Student Loan Interest Rate Reduced to 5%

Student Loan Interest Rate Reduced to 5%

Some welcomed news came on Thursday April 6th, as Prime Minister the Hon. Dr. Terrance Drew launched the Graduate Finance Project (GFP) under the theme: “Removing Financial Barriers to Education”, which is part of a pledge made by the St. Kitts-Nevis Labour Party (SKNLP), leading up to the 2022 General Elections.

 

 

 

In a statement aired on VON Radio, he announced that:

 

 

 

 

 

 

The Prime Minister, who is also the Minister of Finance, stated that the objective is to offer financial relief to graduates to make it easier for them to pursue their life goals.

 

 

 

Prime Minister Dr. Terrance Drew.

 

 

 

The abovementioned is the first phase of the GFP.