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National Assembly Passes Student Loan Bill to Expand Access to Education – Foroyaa Newspaper

By Kebba AF Touray The National Assembly on Friday, July 11, 2025, passed the Students’ Revolving Loan Scheme Bill, paving the way for the establishment of a national student loan program that lawmakers say will help close persistent equity gaps in the country’s tertiary education system. The passage of the bill followed its third and final reading, weeks after it cleared the consideration stage on June 17. The legislation was introduced by Mini…

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The bill by Minister of Culture, Innovation and Higher Education, Logi Einarsson, to amend the Act on the Student Education Fund, did not become law before the end of the session. The bill proposed amendments to the Act from 2020 to the effect that students would receive a 20% scholarship at the end of each semester and a 10% grant at the end of their studies, instead of the current arrangement where they can apply for a 30% reduction...

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Foroyaa Newspaper broke the news in on Monday, July 14, 2025.
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