Initially, in relation to varsity funding, there was the Differentiated Unit Cost (DUC) Model where the government provided financial support to university students based on cost of specific courses. Then, in September 2023, the government introduced the Variable Scholarship and Loan Funding (VSLF) Model, which currently categorises students into 5 Bands. In December 2024, the … Continue reading Understanding the variable scholarship and loan funding models
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Understanding the variable scholarship and loan funding models
Initially, in relation to varsity funding, there was the Differentiated Unit Cost (DUC) Model where the government provided financial support to university students based on cost of specific courses. Then, in September 2023, the government introduced the Variable Scholarship and Loan Funding (VSLF) Model, which currently categorises students into 5 Bands. In December 2024, the … Continue reading Understanding the variable scholarship and loan funding models