Jan. 18, 2020
Tertiary students can now access $90 million in loans to pay fees from the beginning of this semester, while an additional $10 million will be released next month.
Previously, loan schemes had been stopped due to non-repayment, but the new scheme is being run by CBZ Bank with Government guarantees.
July 25, 2019
Government has secured $40 million as seed money for the loan scheme that has been re-introduced by Government to cushion tertiary students failing to pay their fees. This was said by Higher and Tertiary Education, Science and Technology Development Minister Professor Amon Murwira in the National Assembly yesterday.
July 22, 2019
Government has re-introduced grants for students in State institutions, which were stopped several years ago due to non-repayment, to boost access to higher and tertiary education and empower people, especially the youths. Students can start applying for the loans at the end of next month. Higher and Tertiary Education, Science and Technology Development Minister Professor Amon Murwira yesterday said the facility was re-introduced after a realisation that many deserving students were failing to access loans, as the institutions were attaching stringent conditions.