Organization : The Student Revolving Loan Fund
Type of Facility : Apply For Loan
Country: Barbados
Website : http://www.srlfloan.edu.bb/Loans/
Apply Online : https://secure.srlfloan.edu.bb/Apply/
Apply For Loan :
Areas Identified For Loans:
Full Time, Part Time and Distance Studies:
The Student Revolving Loan Fund regulations of 2010 now allow the granting of loans to students who plan or are pursuing full-time studies as well as part time and distance studies.
Related : Student Revolving Fund Pay Online Barbados : www.statusin.org/7269.html
Adult Vocational Education:
Full time and part time courses offered at the Samuel Jackman Prescod Polytechnic and similar full-time and part time programmes at other regional and extra-regional institutions.
Post Secondary/Technical Education:
Developmental courses of the Barbados Community College and other post secondary/technical institutions, locally, regionally and extra regionally, e.g. Health Sciences, Computer Studies, Commerce, etc. Courses available locally or regionally will not generally be financed extra regionally.
Graduate and Undergraduate Studies:
Business, Professional and Technological Programs, e.g. Accounting, Medicine, Computer Technology. Courses available locally or regionally will not generally be financed extra regionally.
Qualifying For A Loan:
Guidelines for the Granting of Loans:
In order to qualify for a loan under the programme, applicants must meet the following requirements stipulated under the Student Revolving Loan Fund Regulations.
** Be a citizen of Barbados;
** Be at least eighteen (18) years of age;
** Be enrolled or accepted for enrollment in an accredited programme offered by an accredited educational institution. Applications may also be submitted by persons who are awaiting official acceptance from an educational institution;
** Be pursuing or propose to pursue a full-time, Part-time or Distance course of study approved by the Committee.
Documents To Be Submitted:
Application forms are available from the office of the Student Revolving Loan Fund. All copies of supporting documents submitted must be certified.
The following should be submitted with the application form (where applicable):
** Evidence of Barbados citizenship (birth certificate or registration as a citizen).
** Certified copies of academic qualifications.
** Certified copy of marriage certificate.
** Letter of acceptance or confirmation of enrolment from the institution.
** Statement of the annual cost of the programme from the institution.
** Proof of income or an Affidavit if self-employed.
** Certificate of savings to show (if applicable) your ability to cover shortfall between cost of the programme and the maximum amount the SRLF might lend for your category of study.
** Description of the programme from the institution.
** Health certificate from a Registered Medical Pratitioner.
** Copy of transcript or grade slip, if already in the institution.
** One (1) certified passport size photograph.
** Two (2) Completed ‘Affidavit for Surety’ (inclusive in application package) forms.
** Evidence of address of loan applicant & sureties (e.g. electricity bill)
Should you have any queries related to guidance or the loan application process please contact us:
Tel: 430-2867/71 or 429-2912/13
Or
Email: office@srlfloan.edu.bb