The concessionary terms for interest free loans for students following degree programmes in non-state universities have been increased.
According to the decision of the Cabinet dated 2022-08-22, discussions have been held between the Bank of Ceylon, the Treasury and the Ministry of Education with respect to the continuation of the interest-free loan scheme given to students who are pursuing degree courses in non-state higher education institutions.
The students, after completing their course will be able to complete the payment within eight years.
They will also be able to pay the prescribed interest under the monthly interest rate (AWPLR + 1 percent) added to the existing weighted average loan rate of the coming year.
The proposal presented by the Minister of Education to amend the MOU was approved by the Council of Ministers.
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Acting Attorney General Parinda Ranasinghe, was appointed as the Attorney General of Sri Lanka a short while ago.
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