$160 million is owed by 21,685 students who are yet to graduate, have absconded their studies or are inactive and have dropped out of school.
Tertiary Scholarships and Loans Service CEO Dr. Hasmukh Lal stated this during a media briefing today.
Dr. Lal says the total number of students assisted on TELS is 55,451 with a total of $679 million.
He further says 22,141 students have graduated through TELS with a monetary value of $370 million.
The CEO adds 11,625 students are currently on Active Bond Term with a value of $149 million.
The TELS debt will be forgiven except for overseas students based on the 2023/2024 National Budget.
We will have more later today.
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