Education Minister Diallo Rabain asserted today that the “lack of money will never be a barrier to education success”.

In a Ministerial Statement delivered in the House of Assembly today, the Minister said more than 300 students in financial need benefited from grants at Bermuda College during the fall and spring semesters of 2017-18.

He also said that he was “pleased” with the way Bermuda College “distributed the additional funding”.

“The Government’s objective to increase accessibility to students in need is being met,” said Mr Rabain.

Bermuda College File Photo

“We will work to ensure that the lack of finances is never a barrier for our students to achieve higher level learning that will provide the education to be productive and contributing citizens,” he added.

Students are “required to complete an application form and a financial worksheet to demonstrate financial need”, and they must have a 2.0 grade point average (GPA)  or higher to qualify.

“The financial awards ranged from 30 percent to 80 percent of a student’s educational costs, with the educational costs defined as the value of tuition plus fees,” said the Minister.

“During the fall semester, 189 students received a total of $193,715 in grants. During the spring semester, 124 students received a total of $105,855.”

Another 126 students “were from the Academic Divisions and 63 were from the Division for Professional and Career Education (PACE) which included 17 students enrolled in the Bachelors of Business Administration degree in partnership with Mount Saint Vincent University”.

“The awards ranged from $132 to $5,444 with the average award being $1,025 for the semester,” he added.

Bermuda College File Photo

In this current semester he said 124 students received awards totaling $105,855, with 94 percent of the students representing the Academic Division and 30 percent from the PACE Division, received awards.

And 15 of the PACE awardees “were in the Bachelor of Business Administration degree programme”.

Awards offered in the Spring semester “ranged from $192 to $4,371 with the average award being $854”.

The Minister noted that the spring awards “provided a source of funding for students who did not meet the Bermuda College’s Financial Aid criteria”.

But he said the recipients “demonstrated a need for financial support to pursue their academic goals”, which was “particularly beneficial to those students enrolled in the Pace Division”.

Prior to the  new prerequisites, he said the Bermuda College “did not provide funding for students enrolled in the Division of Professional and Career Education (PACE)”.

And it also “afforded students enrolled in the Mount Saint Vincent University programme the opportunity to take additional courses”.

Ultimately, he said this would help to decrease “the length of time it will take them to complete their bachelor’s degrees”.

  • Feature Photo Courtesy of DCI