APS Bank and the Parliamentary Secretariat for Youth and Sport have, once again, launched the Youth Specialisation Studies Scheme (YSSS).
Between Monday the 3rd of May and Friday the 11th of June 2010, youth aged between 18 and 30 are being given the opportunity to apply for a student soft loan at a subsidised rate of interest, with a view to enable them to further their studies abroad or to follow an academic course by distance learning, provided that the academic course is not offered in Malta. Terms and conditions apply.
University students, MCAST and ITS students interested in applying for a loan under the scheme, which could be from €9,300 to €23,300 repayable over a maximum term of 10 years are encouraged to do so within the time frame indicated. Preference will be given to those students wishing to pursue studies in the following areas: Medical studies, Hospitality, ICT & Educational Services, Financial Services, Youth Studies, Environment, Agriculture & Marine Studies, and Sport.
The facility includes a maximum moratorium period of 5 years on capital repayments depending on the duration of the academic course being followed.
Application forms are available from APS Bank branches or the Youth Section within the Parliamentary Secretariat for Youth and Sport in Santa Venera. Applications are to be submitted together with the required documentation by hand to The Youth Section within the Parliamentary Secretariat for Youth and Sport, Casa Leoni, St. Joseph Road, Santa Venera by Friday the 11th of June 2010 till 4.30pm.
Further details on the scheme are available on the Bank’s website www.apsbank.com.mt [1] or, alternatively, those interested may call their Customer Support Centre on 2122 6644.