‘Mantšali Phakoana
The ministry of finance and development planning has announced an improvement in the loan bursary repayment policy for Basotho children willing to further their tertiary education.
The development follows a cabinet directive made on September 8 this year.
According to the
ministry’s statement published on Thursday this week, tertiary students who have not yet settled their loan bursary debt with the National Manpower Development Secretariat (NMDS) still stand a chance to apply for bursary to further their studies.
With the improved policy, the ministry states that the students would qualify for loan bursaries without having paid their 50 percent debt and such will apply only to best performing students who want to study national priority studies, to be determined by the ministry.
The statement further states that such students would be allowed to settle their loan bursaries with the NMDS after completion of their studies.
“The government of Lesotho reaffirms its commitment to improve loan bursaries for Basotho children who are in financial need,” reads the statement.
