2018/19 Budget: Threshold increased for TELS allowance recipients
28 June, 2018, 9:02 pm
GOVERNMENT has increased the threshold for students who receive allowances under the Tertiary Education Loan scheme.
During the 2018-2019 National Budget address in Parliament this evening, Attorney General and Minister for Economy Aiyaz Sayed-Khaiyum said previously, only students whose parents earned under $25,000 received allowances.
“We have now increased that threshold to $50,000,” he said.
“After taking on more input from students, we have increased the bus fare allowance for all TELS and Toppers recipients from $15 a week to $30 a week.”