Wed | Mar 21, 2018

Fewer females applying to Students’ Loan Bureau

Published:Saturday | February 4, 2017 | 10:09 AM
Monica Brown, executive director of the Students' Loan Bureau.

Monica Brown, the executive director at the Students’ Loan Bureau (SLB), has reported that there is a slight decline in the number of females who submit applications for tertiary funding, in comparison to males.

Speaking at a forum that put on by the Caribbean Policy Research Institute (CAPRI), she indicated that it’s a trend that started in the last year.

“We have seen a slight downturn in the relative share of applications from females as against males. Last year (2015/2016 academic year) for example, there were 73 per cent females as opposed to 27 per cent males, this year we are seeing 69 per cent females compared to 31 per cent males submitting applications to the SLB,” she said at the gathering held at the University of the West Indies (UWI).

“It’s good from the perspective of the males but we certainly don’t want to see a decline in the females,” she continued.

Brown also said that there is a general, marginal decline in the number of students who apply for loans.

She believes this raises concerns for development.

As such she has called for a proper assessment to be done to determine possible factors for the downturn.

She reported, however, that there has been a slight decrease in  the number of delinquent borrowers, a trend she hopes will continue.

The CAPRI forum addressed the topic ‘Who Writes the Cheque?, Financing Tertiary Education in Jamaica’.

Other speakers included, Dr Damien King, Co-Executive Director at CAPRI; Maxine Henry –Wilson, Chief Executive Officer at the Jamaica Tertiary Education Commission; and Mikiela Rodriguez, President of the UWI Mona Guild of Students.