{"id":19848,"date":"2024-05-27T18:32:08","date_gmt":"2024-05-27T18:32:08","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=19848"},"modified":"2024-05-27T18:32:10","modified_gmt":"2024-05-27T18:32:10","slug":"proof-of-nis-contributions-not-required-for-ug-student-debt-write-off-jagdeo","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/proof-of-nis-contributions-not-required-for-ug-student-debt-write-off-jagdeo\/","title":{"rendered":"Proof of NIS Contributions Not Required for UG Student Debt Write-Off \u2013 Jagdeo"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>By Samuel Sukhnandan<\/p>\n\n\n\n<p>In a recent press conference, General Secretary of the PPP\/C and Vice President, Dr. Bharrat Jagdeo, announced that employment verification and National Insurance Scheme (NIS) contributions will not be required for phase one of the student loan debt write-off for Guyana&#8217;s tertiary students.<\/p>\n\n\n\n<p>The government&#8217;s initiative aims to provide over 13,000 Guyanese with $11 billion in student loan relief, particularly focusing on University of Guyana (UG) students. <\/p>\n\n\n\n<p>Initially, the eligibility criteria stated that individuals must have graduated, been employed, or been self-employed in Guyana for at least three years, supported by a minimum of 156 NIS contributions.<\/p>\n\n\n\n<p>However, Dr. Jagdeo revealed that the government has reevaluated this requirement, recognizing the potential barriers it may pose to some eligible candidates. <\/p>\n\n\n\n<p>As a result, changes have been made to facilitate greater accessibility to the debt relief program.<\/p>\n\n\n\n<p>Dr. Jagdeo emphasized the government&#8217;s commitment to gradually moving towards free university education, starting with the implementation of the first set of debt write-offs. <\/p>\n\n\n\n<p>This initiative is expected to benefit numerous citizens and alleviate the financial burden associated with tertiary education.<\/p>\n\n\n\n<p>Additionally, the government has pledged to establish a mechanism to assist students who have already paid their dues to the university but are currently repaying loans to commercial banks. <\/p>\n\n\n\n<p>This holistic approach aims to support students at various stages of their educational journey, ensuring that financial constraints do not hinder access to higher education.<\/p>\n\n\n\n<p>The announcement has received widespread endorsement from students at the University of Guyana and beyond, who view the debt write-off scheme as a significant step towards promoting equitable access to education and alleviating the financial challenges faced by many. <\/p>\n\n\n\n<p>As the government continues to prioritize education and human development, initiatives like these play a crucial role in shaping a brighter future for Guyana&#8217;s youth. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Samuel Sukhnandan In a recent press conference, General Secretary of the PPP\/C and Vice President, Dr. Bharrat Jagdeo, announced that employment verification and National Insurance Scheme (NIS) contributions will&hellip;<\/p>\n","protected":false},"author":4,"featured_media":19708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[365,350],"tags":[],"class_list":["post-19848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-human-development","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/19848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=19848"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/19848\/revisions"}],"predecessor-version":[{"id":19849,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/19848\/revisions\/19849"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/19708"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=19848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=19848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=19848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}