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JM- STUDENT LOAN

Abstract*

At its very broadest level, the Student Loan Project supports the government's objective of shifting public resources towards levels of education where the social returns are highest. Specifically, the project will: a) provide Jamaican students with adequate financing options to pay for their share of higher education on an ongoing basis; b) increase equitable access to tertiary education and improve targeting of subloans; and c) increase financial...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

TO EXPAND THE STUDENT LOAN SCHEME FUNDED UNDER EDUCATION IV PROJECT.

Key Details

Project Details

  • P038700

  • Closed

  • Kin Bing Wu

  • N/A

  • Jamaica

  • March 22, 1995

  • (as of board presentation)

    July 25, 1996

  • October 25, 1996

  • US$ 28.50 million

  • C

  • Not Applicable

  • June 30, 2002

  • BANK APPROVED

  • September 28, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 28.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 28.50
IDA Commitment N/A
IBRD + IDA Commitment 28.50
Lending Instrument
Grant Amount N/A
Total Project Cost** 38.50

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jul 25, 1996 IBRD-40700 Loan Commitment 28,500,000.00
Aug 15, 2013 IBRD-40700 Loan Repay 1,130,000.00
Aug 15, 2013 IBRD-40700 Int Charges 3,749.75

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 05-21-2003PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceUnsatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencyUnsatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.