Students pursuing the medical sciences programmes at the Caribbean School of Medical Sciences Jamaica (CSMSJ), will now be able to access funding at the Student Loan Bureau(SLB) effective academic 2018/ 19.
The funding will be by way of the Pay as You Study(PAYS) loan facility which has a limit of One Million dollars(Ja$1,000,000.) and requires monthly payments which can be done through salary deductions.
Executive Director of the SLB , Ms Monica Brown noted that a further review of this loan facility will be done in the future, to determine the CSMSJ’s eligibility for access to the other loan options, such as the SLB’s Targetted Loan Facility.
In his comments Executive Dean of the CSMSJ Dr Neville Graham pointed to the announcement as a very ‘timely and welcome news’ for both students and faculty alike and underlines the confidence that the SLB has reposed in the medical school in its three years of existence.
The Caribbean School of Medical Sciences is the only private medical school of the thirty odd such institution in the region, which is owned by Caribbean nationals and numbers among its faculty, top lecturers from Cuba, USA, India , Africa and Jamaica.