Fijian Election

PA will cancel TELS but impose bond conditions

December 5, 2022 3:50 pm

[File Photo]

The People’s Alliance says if it forms government, it will remove the Tertiary Education Loans Scheme (TELS) and National Toppers scholarships.

In a statement, the party says these will be replaced with full scholarships containing bond conditions.

Party Leader Sitiveni Rabuka says students will serve a bond equivalent to the number of years they studied in higher education institutions.

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Rabuka says they will work in Fiji for an average of three to four years in the private or public sectors, or with non-government organisations (NGOs).

He says they will fund this initiative from an existing budget allocation of $162.6 million.

He adds that a People’s Alliance government will cancel debts totaling over half a billion dollars in student loans to pay for their higher education.

Meanwhile, FijiFirst General Secretary Aiyaz Sayed-Khaiyum has revealed that a number of banks are interested in paying 50 percent of students’ debts.

Sayed-Khaiyum, who is also the Minister for Economy, has asked these political parties if their plan is sustainable.

He says it seems politicians are just saying this to get votes.

Sayed-Khaiyum says the current model is sustainable.