Eligibility Criteria
The Eligibility Criteria has been developed to defines the criteria for applying for the Loan scheme.
Eligible students for loans must meet the following conditions
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Must be needy Malawian citizens who has been admitted into a fully accredited/registered Higher
Learning Institution (private and public) as a candidate for a higher Diploma and or first degree on
full time basis in an accredited program or course.
- Must be a needy female student.
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Must be a student with six credits in MSCE or its equivalent upon getting admitted to a
registered/accredited higher learning institution.
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Must be a continuing student who has passed the examinations necessary to enable him/her to advance
to the next year or stage of study and therefore are not mature entry, weekend program, repeating,
distant learning, up-grading and general diploma students.
- Must be a person who is not fully funded by other organizations or sources.
- Must not have attended an elite school unless there is evidence demonstrating neediness.
- Must have verifiable conduct and commitment to studies
For the Loans Board, a NEEDY student means
- A poor orphan (who has lost both parents
- Must be a needy female student.
- A poor applicant with disability or applicants whose parents have disability and are poor.
- A poor applicant who has lost one parent..
- An applicant from poor family.
- An applicant who has not inherited any property, estate or fortune that can finance education;.
- An applicant from low income family earning national minimum wage or below;
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An applicant who does not have any source of income to meet costs of either tuition only or and
upkeep and or stationery.