The Tertiary Scholarship and Loan Services (TSLS) has allocated $1.44 billion over the last decade to support around 70,000 students, marking a significant investment of taxpayer funds in Fiji’s education system. This financing has played a vital role in enhancing tertiary education and training programs, underscoring the Government’s commitment to higher education.
Education Minister Aseri Radrodro informed Parliament that the eligibility criteria for loans has changed; previously, all students meeting academic standards at any tertiary institution could apply, but this is no longer the case. He noted that many students are now pursuing their studies privately without scholarships or loans, adding that about 19,000 students find themselves in this predicament.
Radrodro explained that the previous government had created a sustainable funding model for tertiary education, establishing a revolving fund aimed at helping future students. However, he criticized the current government’s financial model as unsustainable, revealing that taxpayers are now contributing approximately $150 million each year for tertiary education.
Additionally, the government has imposed a 50 percent penalty on students who break their bonds to explore opportunities abroad.