Loans

Loan Limits

The maximum loan available is currently BDS$50,000 spread over the study period. However, loan ceilings of lesser amounts are applied to particular institution programmes, location of studies and specific programme academic levels.

 

When the cost of the programme exceeds the prescribed amount, the applicant will be required to provide the necessary financial information, eg, evidence of savings or other proof that they will be able to meet the shortfall.

 

 

Location & Programme Of Study

Loan Limits

Local Studies

Full-time

Part-time/Distance

Certificates/Diplomas/Associate Degrees/ Undergraduate degrees(per annum)

$5,500

$3,500

Associate degree – Nursing (per annum)

$6,500

-

Undergraduate programs NOT sponsored by government

Tuition cost

Tuition cost up to the current maximum

Graduate programs – Masters

$35,000

Tuition cost up to $35,000

Post graduate degrees – Doctorates

$50,000

$50,000

Regional Studies

 

 

Undergraduate studies in the Bahamas (Tourism)

$25,000

 

Certificate in legal education

$15,000 per annum

Undergraduate studies Cuba 

$8,000 per annum up to a maximum of $40,000

Undergraduate studies at UWI

$36,000

 

Undergraduate programs at UWI NOT sponsored by government

Maximum

Tuition cost up to the current maximum

Undergraduate studies at other regional universities

Maximum

Tuition cost up to the current maximum

Graduate programs – Masters

Maximum

Tuition cost up to the current maximum

Post graduate degrees - Doctorates

$50,000

$50,000

Extra Regional Studies

 

 

Undergraduate programs

Maximum

Tuition cost up to the current maximum

Graduate programs – Masters

Maximum

Tuition cost up to the current maximum

Post graduate degrees - Doctorates

$50,000

$50,000

Professional Designations

 

Less than one year

$15,000

$10,000

One year or more duration to a maximum of four (4) years *

$50,000

$40,000

* The lower of the total cost of the tuition or proposed limit

 

 

Non- Degree Programs

 

 

Regional/Extra regional of less than one year

$15,000

$15,000

Regional/Extra regional  one year or more duration

$35,000

$30,000

Commercial pilot license

$50,000

 

Dual Programs

 

 

Undergraduate or graduate degrees in combination with a professional designation

$50,000

Tuition cost up to the current maximum limit

Medical Studies

 

 

Local studies in medicine for students sponsored by government

$35,000

 

Regional studies in medicine for students sponsored by government

$40,000

 

Regional Studies in DVM & DDS for students sponsored by government

$50,000

 

Studies in medicine, DVM, DDS  for students NOT being sponsored by government

Maximum

 

 

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