Jamaica - Student Loan Scheme (2018)
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Summary

In May 2010, the Caribbean Development Bank (CDB) approved a loan in the amount of twenty million United States dollars (USD20 mn) to the Students’ Loan Bureau (SLB) of Jamaica to assist in improving the country’s human resource capacity by providing loans to eligible students under the Bank’s Student Loan Scheme (SLS) for upgrading tertiary level skills in professional, technical and vocational programmes.  SLB provided counterpart funding of USD80 mn over a period of five years made available from reflows.  In December 2012, CDB approved a second loan to SLB in the amount of  USD20 mn to facilitate the continued expansion of tertiary education for citizens from low-income households in Jamaica.