- Borrowers of the Student Loan Agency will be granted a 75 percent reduction in the accumulated arrears of interest on their accounts if they clear their indebtedness in full no later than August 31, 2016.
- Borrowers who wish to bring their accounts up-to-date will be granted a 50 percent reduction in the accumulated arrears of interest, if their accounts are brought up-to-date by September 30, 2016. If, however, a borrower defaults, subsequently, the interest so waived will be restored to the account.
Announcement of Waivers for Borrowers of the Student Loan Agency
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