Home

Headlines Weather Search

News

Sports

Business

World

Radio

Radio Fiji One Mirchi FM Gold FM Bula FM 2Day FM Radio Fiji Two

TV

FBC TV FBC Sports FBC 2

News

TELS graduates told to pay back

March 7, 2019 10:48 am

The repayment of Tertiary Education Loan is not a major problem at this stage says Fiji Revenue and Customs Service chief executive.

Visvanath Das says there is a small number of defaulting students but it is being look into.

The students only start repayment when they get full time employment. The repayment is at the rate of 20% of their annual gross earnings.

Article continues after advertisement

“There again you know many have found jobs and what we found was you know until and unless we started receiving the PAYE files from the employers, we found out that some of these students who are employed have not updated their information with the tax office and were not repaying.”

As of January the outstanding Tertiary Education Loan stood at $229m.

Board chair Dixon Seeto says students under TELS must update their information with the Revenue and Customs Service as soon as they find employment after graduation.

“If you take a loan you really have to re-pay it because it is to continue to fund education for other Fijians. And that is something that people must have responsibility to do this. If they have a case where they disagree – they can appeal and talk to us, or talk to the Solicitor General.”

The FRCS says there are some loyal students who have found jobs offshore and have made arrangements to remit their loan payments from there.

 

Keep Connected With The Latest News, Weather, And Sports on Fiji's Best Radio stations.

Live Tune In
  • 95.4 FM
  • Suva, Nadi, Lautoka, Labasa
  • 95.2 FM
  • Sigatoka, Ba
  • 95.6 FM
  • Tavua
  • 95.8 FM
  • Rakiraki
Live Tune In
  • 102.6 FM
  • Suva, Nadi, Lautoka, Labasa
  • 102.4 FM
  • Sigatoka, Ba
  • 102.8 FM
  • Tavua
  • 103.0 FM
  • Rakiraki
Live Tune In
  • 97.8 FM
  • Suva, Nadi, Lautoka, Labasa
  • 97.6 FM
  • Sigatoka, Ba
  • 98.0 FM
  • Tavua
  • 98.2 FM
  • Rakiraki
Live Tune In
  • 93.0 FM
  • Suva, Nadi, Lautoka, Labasa
  • 92.8 FM
  • Sigatoka, Ba
  • 93.2 FM
  • Tavua
  • 93.4 FM
  • Rakiraki
Live Tune In
  • 100.2 FM
  • Suva, Nadi, Lautoka, Labasa
  • 100.0 FM
  • Sigatoka, Ba
  • 100.4 FM
  • Tavua
  • 100.6 FM
  • Rakiraki
Live Tune In
  • 105.0 FM
  • Suva, Nadi, Lautoka, Labasa
  • 104.8 FM
  • Sigatoka, Ba
  • 105.2 FM
  • Tavua
  • 105.4 FM
  • Rakiraki