About the STFB Scholarships
WHO CAN APPLY
  • A belonger of the BVI.
  • Have resided in the vi for at least five years immediately preceding the date of the application for the subloan.
  • Be a dependent
APPLICATION ESSENTIALS
  • Photo ID
  • High school diploma
  • College acceptance letter
  • College transcript
  • Itemized breakdown of school year expenses
  • Proof of security (land/building)current appraisal less than one year.
GUARANTOR
  • Signature
  • Employment letter
  • Photo ID (driver’s license or passport)
  • Verification of address (license or utility bill)
ELIGIBLE PROGRAMS OF STUDY
  • Medicine and related fields; nursing, lab technology, pharmacology, community health.
  • Tourism and related fields
  • Engineering; building and construction
  • Architecture
  • Applied sciences
  • Agriculture
  • Education
  • Natural sciences
  • Vocational studies; handicrafts, catering, upholstery, welding, automechanic.
  • Veterinary studies
HOW MUCH MONEY CAN I BORROW?
  • This depends on the length of your program.
  • Maximum amount for medicine is $65,000, low is $45,000.
  • Smaller amounts are available depending on your cost.
PAYBACK SCHEDULE
  • While you are in school you (or your parent/spouse) will only pay interest.
  • Upon completion you will then pay the loan amount.
INTEREST RATE
  • Current interest rate is 8%.
  • A loan of $40,000.00 will be
  • A loan of $20,000 will be
  • $10,000.00 will be
  • $5,000.00 will be
YOU CAN DO THE FOLLOWING
  • A four year degree (bachelors programme.
  • A two year degree (associates degree)
  • Almost any course of study varying in duration.
Ticket to Education